Sunday, October 26, 2008

Electric cars coming to Australia

A few months ago I mention Shai Agassi plan to bring electric cars to Israel. Now Australia is also top on his list:

Australia would become the third country in the world to run an electric car network with the infrastructure already set up in Israel and Denmark.

The visionary project is the brainchild of US software entrepreneur Shai Agassi, founder of Better Place, who dreams of replacing the world's petrol guzzlers with more environmentally friendly vehicles.

Keen to cut our dependence on oil, he devised the plans that would make electric cars cost competitive and appealing.

The plan is to market the cars in a similar way to mobile phones. Theres a video here of his Australian plans. My only concern is the plan seems to depend on the government's $500 million Green Car Innovation Fund so what is the extent of the government's subsidy?

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