Electric Car Visionary Sees Global Shift to EVs

By 2020, more people will be buying electric cars than gasoline models, predicts Better Place founder Shai Agassi.

Published: 31-Jan-2011

Electric car pioneer Shai Agassi is a man with a startling prediction: Before 2020, he says, more people everywhere will be buying electric cars than those powered by gasoline.

"It doesn't mean that oil is not necessary, but we're starting the way out," said Agassi, a former top executive for information giant SAP AG who launched his Better Place venture several years ago.

Existing electric cars have a limited range, after which owners have to stop and wait for hours while their car's battery recharges. Owners of Agassi's cars would be able to remove the used battery and replace it with a fully charged one, allowing them to get back on the road almost immediately.



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