The Resource Intensity of Mobility – Project Better Place

At Barack Obama’s first press conference after the election, Michigan Governor Jennifer Granholm stood right next to the President-elect.

But Granholm didn’t sit with Big 3 company heads as they pleaded unimpressively for auto industry bailout money before Congress this month. She took a trip to the Middle East instead, to meet with software wiz and electric car visionary Shai Agassi.

Agassi’s Project Better Place has grown by leaps and bounds in the past year. At first, the idea of paying for cars like paying for mobile phone use seemed far-fetched. With heavily subsidized units and monthly fees, drivers wouldn’t really own their electric cars. But they would gain access to an expansive network of charging stations and save loads on fuel.

Source, Green Chip Stocks, see sidebar


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