December 29, 2008

LAT: Charging ahead to push electric cars

A Palo Alto start-up company wants to electrify the global auto industry, one place at a time.Better Place created a stir last month when it announced an ambitious plan to install thousands of electric-car charging sites and battery-replacement stations around the Bay Area.

The idea is to jump-start the adoption of electric vehicles by providing places where people can easily charge them, leading, the company's founder hopes, to a reduction in global dependence on oil.Better Place and its competitors are betting that providing a variety of charging choices will help overcome the chicken-and-egg question that bedevils electric cars -- which do you build first, the cars or the infrastructure to keep them running?

If they succeed, the result could be the upending of Detroit's century-old business model -- an objective that Better Place founder Shai Agassi calls Car 2.0.