One element of China’s plan is to not become addicted to foreign oil as the U.S. already has and one-step toward achieving this goal led China to become a partner with Shai Agassi and Better Place — something Washington D.C. has not done.
Time and Foreign Policy magazines recently named Shai Agassi as one of the 100 most influential people in the world. The reason is that Agassi, an entrepreneur from California, launched a company called Better Place.
Deutsche Bank analysts may have already concluded that the Better Place’s approach to end global “oil” addiction could be a “paradigm shift” that causes “massive disruption” to the auto industry, and has “the potential to eliminate the gasoline engine altogether”.
To achieve a world free of a dependency on oil, Better Place has already partnered with California, Hawaii and Canada, while globally, Better Place is working with Australia, China, Denmark, Israel, Japan and the European Union.
On June 18, 2011, Better Place unveiled Europe’s first battery switching station in Denmark, and you may have noticed that China, as one of Better Place’s partners, is positioning itself to save China from the same fate that has already happened to politically gridlocked Washington D.C.
The station in Denmark, which show cased the company’s battery switching technology, is the first of 20 battery switching stations to be deployed across Denmark over the next nine months.
In the next few years, if successful, Better Place may lower the cost of driving significantly and break big oil’s monopoly on the economies of the world while lowering the cost of cars worldwide by providing an affordable, convenient and sustainable system through a revolutionary switchable battery model.
This means that instead of filling up with gas when the tank is empty, a driver pulls into a Better Place switching station and swaps battery packs in less time than it takes to wait in line and fill a tank with gasoline or diesel.
Return to or start with China’s Expressway Dilemma and the Solution – Part 1
Lloyd Lofthouse is the award-winning author of The Concubine Saga. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.
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