Inspirational businessman: "In any market 99 % of all energy for all cars comes in the form of liquid fossil fuel molecules. Even a hybrid car depends on oil to drive. It may need 20 % less gasoline but still, all its energy comes from gasoline. 10 years ago oil was cheaper, oil was USD 10 a barrel, now oil is USD 70 to USD 100 a barrel: a 7 to 10 times increase. The battery technology has vastly improved over the last decade, we have batteries today that are really cheaper, they have increased their life cycle by 10 times, from ...
Shai Agassi of Better Place on future of EVs and the grid
Posted by Bosque 698 days ago (http://www.wattwatt.com)Inspirational businessman: "In any market 99 % of all energy for all cars comes in the form of liquid fossil fuel molecules. Even a hybrid car depends on oil to drive. It may need 20 % less gasoline but still, all its energy comes from gasoline. 10 years ago oil was cheaper, oil was USD 10 a barrel, now oil is USD 70 to USD 100 a barrel: a 7 to 10 times increase. The battery technology has vastly improved over the last decade, we have batteries today that are really cheaper, they have increased their life cycle by 10 times, from ...
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