Saturday, October 25, 2008

Electric Cars Gaining Ground In Australia

There has been more and more development of electric cars in Australia. The news clipping below highlight how a corporation is working to get more electric vehicle into the country.
clipped from www.sciam.com

Electrifying cars Down Under

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.
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