Fascinating profile of Shai Agassi who’s introducing replaceable batteries for the auto industry. Part of his theory is that selling the “energy” is very profitable.
But Agassi realized he needed one more breakthrough: some way to rapidly charge a vehicle. No drivers, he knew, will tolerate a two-hour wait to recharge when they’re on a 500-mile haul. Then one day, he and an automotive engineer were chewing over an impractical method for quickly replenishing batteries. The engineer wondered aloud: Wouldn’t the fastest way to charge an electric car be to simply replace the battery?
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