JUCCCE China Clean Energy Forum Notes: Better Place Electric Automotive
Marshall Towe, Better Place
Create a scalable, replicable, model for entirely eliminating a country’s dependence on oil
why:
climate change, energy security, trade imbalance, criteria performance, geopolitics, health benefits
who:
by 2030… Australia will have all electric cars
Better place solution:
- buy a car for 25,000 that is EV
- build the charge spot (capital cost of 250USD per spot)
- energy for network is done through renewable energy (wind )
- need 1000MW for 1 million cars
- battery exchange
selling km.. not cars. will swap batteries at 160,000km in 3 minute process
tangible benefits:
- driver expenditures decrease and vehicle affordability improves
- auto makers evolve beyond oil and thrive
- energy companies surge into new markets for renewable energy
Electric cars will just increase the demand for coal. A much better way to go is to make public transport free. Public transport benefits all of society — so should be financed accordingly.