Thank god this guy chose to focus his energy and investments on transportation, one of the most-neglected fields from an investment perspective. Elon Musk’s interview is a testament to what one man can aspire and do to inspire a generation with his ideas.
(via autobloggreen)
It is always an awesome sight to see how machines build another machine. As it happens, I can’t help but think if this venture succeeds, that would mark the first time Detroit really faced a serious challenge from Silicon Valley.. June 22nd, the announced delivery date for first batch of customers (other than the ones who got the Founder series) is just few days away and let’s see what is going to happen.. Hit or miss, you gotta love the boldness of Elon Musk to enter into this venture and fight the carmarking heavyweights of Detroit and other global auto industry powerhouses.
(Source: Gas 2.0)
One of the biggest hurdles for market penetration for the Electric Vehicles (EV) is the charging times associated with the batteries in the vehicles. Some of these batteries take up to several hours (4hrs to 8hrs) for a full charge , a.k.a Top off, and continues to remain a big challenge for the manufacturers to convince their buyers. Looking at the existing fleet of vehicles in the market, some question the wisdom behind the EV charging investments. If you pulled up at a gas station along the way it takes roughly 5 minutes to “top off” or fill up your gas tak and get back on the road quickly. With the existing EVs in the market placethis is not possible, at least at this moment. That’s where Shai Agassi’s Better Place excelled with a marvellous idea. Why not just swap the batteries like you would do in a household device. And do it as quickly as you buy a burger at a drive through. Combining the two ideas results in what you can call the Battery Swap Station. For those who wondered aloud about the viability of a business model proposed by Project Better Place, the recent deployment of its Battery-Swap station in Israel should be worth taking note.
Image Courtesy: Better Place on Flickr
Batter Swap Infrastructure - Image Courtesy: Better Place on Flickr
Gas 2.0 notes the following:
Project Better Place’s Israeli facility released this video of the battery swapper in action, effectively “topping off” the electric car with a simple swipe of a card in about the same time it would take to top-off a conventional ICE car. The stations themselves are designed to be modular in construction, and compatible with several different EVs – although they are presumably leaning heavily towards batteries powering Renault/Nissan’s EVs.
The Truth About Cars blog reports that 8 more Better Place battery-swap stations are currently in construction, and the company hopes to eventually have 40 similar stations operational throughout Israel.
Click here to learn more about the project.
Editor’s note: Until the battery technology is refined to the point where charging times are on par with the time it takes for filling up a gas tank in the conventional car, this approach seems prudent and better suited for rapid deployment. Oh, on a related note – if this model were to be deployed in the US, I presume it would have a slight twist. The stations will be designed to sell you a burger while you swap the batteries, which means you can see an integrated refueling station for the vehicle and the driver, just like how we have it now in the Gas Stations with convenience store options. Wouldn’t that be ironic to have a Better Place Charging Station co-located with a burger joint like Burger King or McDonalds? Haha! Oh, come on. I know you not heard many people say that: McDonalds is not a Better Place.
Whatever be the alternative, it has to get here quickly for two reasons — first is the economic factor (reliance on foreign oil is costing a lot for us) and the second is the environmental impact factor.. Glad to see the public and private sector working hand in hand to bring these solutions to the consumers.. I’m betting big on battery technology, which has the potential to revolutionize the way we travel.
CAMBRIDGE, Mass. — Most research on renewable energy has focused on replacing the electricity that now comes from burning coal and natural gas. But the spill in the Gulf of Mexico, the reliance on Middle East imports and the threat of global warming are reminders that oil is also a pressing worry. A lot of problems could be solved with a renewable replacement for oil-based gasoline and diesel in the fuel tank — either a new liquid fuel or a much better battery.
Yet, success in this field is so hard to reliably predict that research has been limited, and even venture capitalists tread lightly. Now the federal government is plunging in, in what the energy secretary, Steven Chu, calls the hunt for miracles.
The work is part of the mission of the new Advanced Research Projects Agency – Energy, which is intended to finance high-risk, high-reward projects. It can be compared to the Defense Advanced Research Projects Agency, part of the Pentagon, which spread seed money for projects and incubated a variety of useful technologies, including the Internet.
The goal of this agency, whose budget is $400 million for two years, is to realize profound results — such as tens of millions of motor vehicles that would run 300 miles a day on electricity from clean sources or on liquid fuels from trees and garbage.
(Source: ABC News & Autobloggreen)
I had an opportunity to take a ride today in a new electric car that has perhaps one of the best shots at being the U.S. answer to Japan’s popular Toyota Prius.
Image Courtesy: Autobloggreen
Designed by Santa Monica, California-based Coda Automotive, the four-door sedan isn’t powered by gas. The electric battery can plug into any standard AC outlet.
Coda says a 40-mile commute takes about 2 hours to charge.
Right now, the car and it’s battery are manufactured in China. But the company has applied for tens of millions of dollars worth of stimulus funding through the Department of Energy to build an electric battery plant in a factory in Enfield, Connecticut to fuel it’s vehicles.
“The U.S. has zero, absolutely no mass battery manufacturing in the United States. So we’re going to China where they can mass produce the batteries to get these cars to market in the U.S. fast until we can get these produced here” said Kevin Czinger, president and CEO of Coda Automotive.
Coda plans to partner with aerospace battery designer Connecticut-based Yardney Technical Products to create and mass produce the first U.S. electric car battery.
The company says the plant could employ 600 people at first, and then possibly grow. Beginning next June, Coda plans to have the capacity to build 2,700 cars and 20,000 a year in 2011. By comparison, Toyota sold about 159,000second-generation Toyota Prius hybrid cars last year in the U.S. The price tag? $45,000 — but buyers could receive a federal tax credit worth $7,500 and other state incentives that Coda says could drive the price down to $32,500.
Image Courtesy: Autobloggreen
Click here to see more hi-res pictures of the Coda sedan.
(Source: Good Magazine)
Amidst the clutter of alternative vehicles that are already in the market and the ones just arriving in the market, how would one decide on the “right” vehicle? Our savvy folks at Good magazine have published an excellent resource that makes this decision-making process less-complicated and easy to navigate.
Whatever happened to hydrogen?
The idea is great: Take the most abundant element in the universe, turn it silently into electricity, and the only byproduct is a wisp of steam. To its fans, the hydrogen fuel cell is a transportation miracle that will cork our carbon output and curb our addiction to foreign oil. To its critics, it’s vaporware.
Are hybrid batteries toxic?
If the forecasts are right, electrons will replace hydrocarbons as the energy source in our cars. Then, of course, we’ll have to face the question of batteries. The batteries favored in hybrid cars—nickel-metal hydride—have an encouraging track record of lasting at least as long as the cars themselves. The lithium-ion batteries used in fully electric cars are similarly enduring. But how bad are they for the planet? Depends on what you do with them when they die.
The amazing Indian Air Car: Coming to America?
Perhaps you have heard that India’s largest automaker, Tata Motors, has created the world’s first commercial car that runs on air. The good news is that they’re bringing it here. A few fun facts:
It is powered by compressed air • Zero Pollution Motors will produce the American version • It’s priced at $17,800 • Reservations in the States will be taken midyear; delivery is early 2010 • ZPM estimates that its Air Car will run up to 1,000 miles per fill-up, and at speeds up to 96 mph • It’s up for the Automotive X Prize (see below), and is considered a front-runner • Made out of fiberglass instead of sheet metal, it’s expected to be safer and easier to repair than a traditional car and rust-proof • It seats six.
Who will build the best 100-mpg car?
After staging a high-profile competition for civilian spaceflight in 2004, the X Prize Foundation now has another $10 million on the table, this time for a 100-mpg car. And after the checkered flag flies and the winning team claims the Progressive Automotive X Prize, there is “no reason you should not be driving a car that gets over 100 miles per gallon,” according to the prize’s creator, Peter Diamandis.
Candid corn: Is ethanol worth it?
A parade of studies has tried to decipher the pros and cons of ethanol. Depending on a multitude of variables, some studies find it environmentally better than gasoline, some much worse. The implications aren’t light: The USDA says that nearly a third of all U.S. corn used this year will go into ethanol production. And globally, food prices have been ratcheted up as more corn is brewed into fuel.
(Source: TED)
Forget about the hybrid auto — Shai Agassi says it’s electric cars or bust if we want to impact emissions. His company, Better Place, has a radical plan to take entire countries oil-free by 2020.
Just over a year ago, BusinessWeek ran a great piece aboutShai Agassi and his audacious plans to produce a mass market electric vehicle and thereby revolutionize the auto industry. So it was great to get an update from the former software entrepreneur turned zero emission transport guru on the main TED stage earlier today.
Business Week’s report on Mr. Agassi’s TED presentation offers this: “Much of what Agassi had to say was familiar, but it was fascinating to hear how the Better Place project is scaling to places such as Australia and Hawaii (it started life in Israel, with the support of politician Shimon Peres.) The emergence of Car 2.0, as Agassi described it, entails an entirely new business model for car ownership, whereby drivers will pay for miles as they currently pay for minutes on a phone. And Agassi, who cut an imposing and definitive figure on stage, professed to be interested in only two figures: Zero, as in zero emissions; and infinity, as in this model should be available for every driver, worldwide.”
The quote from Wired Magainze nicely captures Mr. Agassi’s personality – Charismatic & convincing.
“Shai Agassi has only one car, no charging stations, and not a single customer—yet everyone who meets him already believes he can see the future.” – Wired
Here is Mr. Agassi’s presentation at TED.
Image: Thingermejig@ Flickr
(Source: New York Times)
BEIJING — Senior Chinese officials on Friday outlined how they aimed to turn their country into the world’s largest producer of electric cars, including a focus on consumer choice rather than corporate subsidies.
Speaking at a conference at the government’s prestigious Diaoyutai guesthouse here, the officials acknowledged that their efforts faced challenges in terms of the cost and safety of electric cars. They promised a nationwide effort by manufacturers, universities, research institutes and government agencies to overcome these obstacles.
Wan Gang, a former Audi engineer in Germany who is now China’s minister of science and technology, portrayed the country’s electric car initiative as central to China’s international competitiveness, but said that there were environmental goals as well.
“We need to be sustainable in different sectors, particularly in the auto sector,” he said.
Zhang Shaochun, a vice minister of finance, said that the government wanted to let the market determine which electric vehicle models would become popular. So while the government is providing some research subsidies, the main step will be to provide very large subsidies for buyers of electric cars — already up to 60,000 yuan, or $8,800, for purchases by taxi fleets and local government agencies.
“The fiscal subsidy gives voting rights to the consumer,” he said.
China also has a 10 billion yuan ($1.46 billion) program to help the industry with automotive innovation.
In the United States, the government is providing $25 billion to help cover Detroit’s research costs in the coming years.
Mr. Zhang said that with a greater emphasis on incentives for electric car buyers, “we will cut back on the discretionary power of government agencies — otherwise, the companies will just fight for subsidies.”
Chinese and foreign automakers have embarked on a slew of demonstration projects for electric cars, with Nissan announcing one Friday in Wuhan, a city in central China. But very few electric cars are on the road in China yet.
While electric cars are rapidly improving, they remain roughly twice as expensive as similarly sized gasoline-powered cars that also provide greater range, higher top speeds and better records for reliability. Mr. Wan, the minister of science and technology, raised another concern Friday when he noted that the industry had to look at safety as it seeks to make electric cars ever lighter.
Click here to read the entire article ( Free registration requ’d).
(Source: Deutsche Welle)
But with every Dane pumping out 5 tons of CO2 into the atmosphere each year, Copenhagen could find itself in a tricky position as the host of a giant climate summit at the end of this year, when delegates from all over the world get together to set new global targets on emissions ahead of the 2012 expiry of the Kyoto agreement.
That’s why today a different message is heard coming from Copenhagen and the vision of green economic growth is sprinkled throughout just about every speech Rasmussen gives.
The prime minister is now openly advocating “a society in which we are completely independent from fossil fuels like coal, oil and gas” and a future in which renewable wind, solar and biomass energy sources will make it possible to live in “houses that produce more energy than they use.”
Currently there are only about 200 climate-friendly autos on the nation’s streets, but that should grow to 100,000 within two years.
The Danish energy corporation DONG and the American company Better Place are planning to invest 100 million euros ($135 million) to build up infrastructure in the country for electric cars. The idea is to make it just as fast to charge up a battery as it is to fill up a tank of gas.
The head of the Danish electric auto association, Per Moeller, is very pleased with that plan, and confident that Denmark can become a pioneer in this sector.
“We have really good conditions for it here: no extreme climate changes and a flat landscape,” he said. “Denmark is certainly one of the countries in which it would be the easiest to introduce electric cars.”
The batteries to run these cars of the future have another advantage. They can be charged during the night when energy from wind turbines is available but isn’t being used much, essentially turning them into important energy storage devices.
“I don’t think we can leave it to the politicians to solve the problems with climate change,” said Jens Moberg, CEO of the Danish branch of Better Place. “Consumers and companies need to take an active role in the process.”
(Source: McKinsey Quarterly ;Video: The Auto Channel @ YouTube)
Our aim should not be total independence from foreign sources of petroleum. That is neither practical nor necessary in a world of interdependent economies. Instead, the objective should be developing a sufficient degree of resilience against disruptions in imports. Think of resilience as the ability to absorb a significant disruption, bigger than what could be managed by drawing down the strategic oil reserve.
Our resilience can be strengthened by increasing diversity in the sources of our energy. Commercial, industrial, and home users of oil can already use other sources of energy. By contrast, transportation is totally dependent on petroleum. This is the root cause of our vulnerability.Our goal should be to increase the diversity of energy sources in transportation. The best alternative to oil? Electricity. The means? Convert petroleum-driven miles to electric ones.
Electric miles do not necessarily mean relying on all-electric cars, which would require building an extensive and expensive infrastructure. They can be achieved by so-called plug-in electric vehicles (PEVs). (Since many plug-in cars are modified hybrid automobiles, they are sometimes called PHEVs.) PEVs have both a gasoline-fueled engine and an electric motor. They first rely on the electricity stored onboard in a battery. When the battery is depleted, the vehicle continues to run on petroleum. The battery then can be charged when the vehicle is not in service.
The engineering and organizational issues involved in retrofitting on a large scale are far from trivial. The biggest problem, however, is the availability of batteries. The most suitable battery technology, which offers both a sufficient range and enough power to provide the acceleration required by today’s drivers, is the lithium-ion battery system. Current battery-manufacturing capacity is limited, and nearly all of it is dedicated to supplying batteries for the nearly 200 million laptop computers and other handheld electronic devices built each year. Making the batteries required for one million vehicles would mean doubling current manufacturing output.
