Wed 23 Jan 2008
israel is a testing ground for the electric car
// category: business, science, tech(ish)
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As the International Herald Tribune reports things are brewing in Israel to test not the electric car per see, but the mass consumption of the electric car.
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The idea, said Shai Agassi, 39, the software entrepreneur behind the new company, is to sell electric car transportation on the model of the cellphone. Purchasers get subsidized hardware - the car - and pay a monthly fee for expected mileage, like minutes on a cellphone plan, eliminating concerns about the fluctuating price of gasoline.
“Because the price of gasoline fluctuates so much during the life of a car, it’s hard to predict the cost basis for driving,” Agassi said. “But electricity fluctuates less, and you can buy it in advance, so I can give you a guaranteed price per mile, cheaper than the price of gas today.”

