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Technology News: Green Tech: Agassi's Electric Car Plan Gets

technewsworld.com — The startup founded by former SAP rock star Shai Agassi has struck a deal with municipalities in the Bay Area to begin building the infrastructure needed to supply electric cars with the juice to run. Better Place wants to discount the cars, own the batteries and sell the power to drivers.

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  • TarSox, on 11/24/2008, -0/+2"On its Web site, Better Place's business model is compared to that used by the mobile phone industry. Drivers pay for an electric mileage plan, just like cell phone customers pay for how many minutes they use on their handsets. Drivers are charged for accessing plug-in stations and battery-replacement centers. Better Place makes money by running those centers."

    This is an interesting business model. I had not heard of this idea. Maybe one day our "getting juice" (or something) will be a part of our lexicon.

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