Monday, October 29, 2007

Startup Aims to Jumpstart Electric Car Industry

Shai Agassi, a former senior executive at SAP, is putting together a new startup that aims to make the electric vehicle industry more feasible, by following a cellphone business model. Indians should pay attention to his idea, as it could help reduce our oil dependency. If you consider that Indian cellular network providers like Bharti-Airtel run such efficient operations that they've been tapped by giants like Wal-Mart for retail partnership, it might indeed be possible to apply such operational concepts to the transportation industry. Even if such a battery network were to eventually be obsoleted by technological progress, it would still play a valuable midwife role in the near to medium term. Agassi also maintains his own blog.

Meanwhile, oil is coming past $93 a barrel.

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