Israel, Environment & the Future

October 30, 2007 - 5:00 PM by

The New York Times recently ran a profile piece on Shai Agassi, a Silicon Valley dwelling Israeli innovator who has plans to take the automotive industry to the next level.

According to the article, Agassi wants to patent/license/build electric vehicle “re-fueling stations” for the cars of the future. His plan for money-making is to model the cars, license the stations and sell the electricity being fueled.

The new system will sell electric fuel on a subscription basis and will subsidize vehicle costs through leases and credits.

“We’re basically saying this is just like the cellular phone model,” he said. “If you think of Tesla as the iPhone, we’re AT&T.”


Go here or here to read about it.

Logical. We’ll wait for it to get here. Tap tap tap.

Thanks, IsRealli, for the lead.

Tags: • Category: A New Reality, Business, Technology 

Comments

One Comment on Israel, Environment & the Future

  1. Larry W in Los Angeles on Tue, Oct 30th 2007 7:43 PM

    2. Hey Stephanie, check out the ISRAEL21c story on this on September 27th….

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