Oct 23, 2008 | 11
The alternative-energy automobile company known as Better Place plans to bring the same electric car system already in the works for Israel and Denmark to Australia. After raising $1 billion in capital—a tall order in today’s cold economic climate—Better Place founder Shai Agassi, a former software executive, Australian bank Macquarie and partners plan to build by 2012 electric car charge garages and battery exchange stations throughout Australia—all powered by wind turbines and other renewable resources (when possible)—to service the vehicles.
Basically, Better Place is trying to make electric cars—specifically the Renault-Nissan eMegane under development that can drive around 100 miles on one charge with a top power of 91 horsepower—work like cellphones. Customers would pay by the minute, er, mile, to use cars (powered by batteries and electricity) that they owned or leased. Customers would purchase mileage plans in order to use Better Place’s recharging stations and battery swaps. A123 Systems, a battery company in Watertown, Mass., will be the most likely battery provider, according to Agassi.
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The Dow Chemical Company is the leading producer of polyalkylene glycols (PAGs) used in synthetic fluids and lubricants where petroleum,
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Conventional washing machines cause excessive damage and wrinkling to clothes primarily during the water removal step. With the introduc
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