• Mar 18th 2008 at 11:16AM
  • 31
Shai Agassi, founder and CEO of Project Better Place, gave an amazing speech at a New Democrat Network meeting recently. Want to know how Agassi's idea for electric cars got $200 million -- the "largest seed round of any venture in history?" Then you have to check out his speech below the fold which tells the history of the company, makes a case for electric cars and details his company's future plans.

The 25 minute video flies by thanks to Agassi's charm and humor. Project Better Place begins testing this year and it plans to have hundreds of cars on the road a year later. Agassi refers to renewable energy sources as "virtual oil fields" and talks of feeding power to the grid as a backup power source for a country. The speech ends with him predicting that by 2020, more new cars will be electric. If that prediction comes true, he will have likely played a significant role.

[Source: Google Video]

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    • 1 Second Ago
      • 7 Years Ago
      "how many leaders from arab muslim countries have you ever heard advocate getting economies away from using oil and gasoline?" How about in Dubai, where they are building Masdar, which will be a green city with an electric PRT public transport system. Yes, some Arab leaders really are planning ahead for the end of the oil age.

      I'm sorry, but Israel really does have an atrocious human rights record, with Palestinians being arrested for any reason or no reason, indefinite detentions, held incommunicado, no habeas corpus, no right to trial. Israel has been trying to drive out the Palestinians for 6 decades by making their lives miserable and impoverished, confiscating lands, destroying property, homes, and farms. When Palestinians rebel and fight back, Israel uses that as an excuse to slaughter. Of course, Israel isn't the only one with an atrocious human rights record, there are worse ones nearby in the Middle East. However, we shouldn't excuse Israel simply because they aren't the worst!

      Enough ranting. I haven't seen any evidence that Shai Agassi or the Project Better Place is involved with the atrocities commited by the Israeli government, we shouldn't blame him or PBP for evil acts done by others. Project Better Place might be one of the few good things to come from that sordid mess.
      • 7 Years Ago
      Hey Chris M,
      Next time some "jews or christians" murder people and burn down buildings because of a cartoon or a movie, you can feel free to make all the comparisons you want. In the meantime, I suggest you go to http://www.youtube.com/watch?v=YD190HVYHUI and listen to these people in their own words.
      • 7 Years Ago
      armmat, wow, I can hear the hate in your voice. Have you ever posted about the "atrocious record of human rights" in places like Syria, Iran, Indonesia, etc?
      Nope, no JEWS there to hate. Get off your hight horse before someone knocks you off it. Moonbat.

      • 7 Years Ago
      armmat, read a book or take a class.
      • 7 Years Ago
      Its amazing how far ppl are going to go save a few hrs recharge time.
      • 7 Years Ago
      It's funny...a country that gets unlimited money, backing, support, etc etc...comes out with a new technology which they had little to do with and everyone pats them in the back...how repulsive.

      Maybe Israel can clean up its genocidal and atrocious record of human rights violations before everyone is so keen to call them tech heros...what's next? They'll be given a nobel price for making the electric car with our tax dollars? No thanks.
        • 6 Years Ago
        My dear Armmat, you're so obviously bias and most likely belonging to a radical Islamic sect of some sort. How long before you’ll join the suicide bombers? You have the guts to question the money received by Israel? At least it's not hidden like the financing of Al Qaida by your cronies. And you think you know about genocide? I suggest you read some history. By doing so, you’ll also discover the greatness of Islamic culture in the past. You radicals are the number one enemy of the entire civilized world, including true Islam.
      • 7 Years Ago
      I don't think Israel is be given credit for the technology, it just happens to be the nationality of the guy with the money.

      It also happens to have the ideal confluence of
      1. Being a transportation island
      2. Significant personal and state wealth
      3. Maybe the world's greatest incentive to rid itself of dependence on Arab controlled oil.

      As Mr. Agassi said, PBP has been in talks with 30 other states, illustrating that it's not simply "project Israel".
      • 7 Years Ago
      In 1997 I drove a GM EV1 all electric General Motors production car.
      This car was only available in California as a test market for lease.
      Only about 1100 cars were made, hand build, but they were final production cars made in the GM factory in Lansing MI.
      They had power windows, air conditioning, great stereo, PS, PB, very fun to drive. It was a rocket!
      Most were fleet cars but about 500 were leased to private citizens like me.
      It was an amazing experience to drive a car like that as my every day car.
      And that was 11 years ago.
      I put over 30,000 miles in 3 years on that car at 2 cents a mile.
      I got 50- 60 about miles per charge on the old lead/acid batteries.
      Once I borrowed a second generation EV1 with Nickel metal hydride
      batteries and it got over 120 miles per charge.
      The EV1 would go 0-60 in 7 seconds and cruse at 80 mph.
      ELECTRIC CAR technology is way ready now!
      Has been for years. Decades!
      See the movie: "Who Killed the Electric Car" and find out more.
      You will be amazed and very pissed off.

      • 7 Years Ago

      Procedure of loading batteries of an electrical vehicle by Aeolic system

      The recharges of batteries, which supplies energy to the electric motor of a vehicle, will be carried out through an Aeolic System composed by the following elements:



      -controller with load


      The vehicle, being left over, will always have some air amount whose speed will be directly propertional to the same speed of the vehicle.

      The air will enter in the autobody by the embrasures placed in the frontal part of the vehicle, and it will canalized towards the rotores.

      The rotores could be one or more and they will be placed inside the auto body in a way not to hinder the advance of the vehicle creating friction.

      The Permanent Magnet Generator (PMG) concurs of extracting the maximum

      power by the rotor.

      The controller with loads serves to prevent the damaging of the batteries.

      The generated current will be “alternating current trifase” (AC) and will be converted from the rectifier in “direct current” (DC).

      The generator, the controllers electronics, the rectifier and the batteries will be placed into the vehicle.

      The direct current, finally, will be canalized, by a power cable , towards the batteries and it will recharge to them.

      It will be also possible to load the batteries when the vehicle is stopped.

      This is possible because the wind, investing the car from several points, will be put towards a rotor that will create described energy.

      Purposes of the plan and advantages:

      * to produce energy to cost 0 and 0 emissions, bringing a remarkable

      economic, ecological and social advantage.

      * the energy produced in march feeds the same march of the vehicle and there is no need to stop for the refueling.

      * development of an innovative system based on rotators and generators placed into the autobody.

      cav. Salvatore Forzisi

      via bezzecca 2

      40139 Bologna

      tel.(+39) 051 6233600

      mobile(+39) 3465048310
      • 7 Years Ago
      Criticism of Israeli policy is not anti-semitic -- if you want to hear plenty of it listen to arguments in their parliament. However, criticism of Israel absent that of any other country does raise legitimate suspicions. For example, in Ramallah (as well as in Tehran), if a man is suspected of homosexual conduct, the usual reaction is public lynching. Ten miles away in Jerusalem, the Supreme Court hears arguments about the route of Jerusalem's gay pride parade. Yet, guess which gets more public attention. A New York Times poll this week shows 84% of Palestinians approved of the slaughter of eight teenagers in a Jerusalem school. That attitude has remained fairly steady since before the State's establishment, so it is not as if it is somehow explained, or even justified, by recent actions.

      Luckily, Israelis like Shai Agassi are not deterred by the region of hate that surrounds them, and instead challenge themselves to innovate not just for Israel but for the world. That's why Israel has more companies on Nasdaq than any country other than the US.
      • 7 Years Ago
      wow... I usually don't post, but armmat... you have such a nasty spirit, why did you even bother posting?

      As for quick-charge... maybe the times required by Project Better Place make the charging a bit more dangerous... it could be that they want to champion their "swap" system by observing a quick-charge as being less than 5 min. Who knows... it's all very exciting.
      • 7 Years Ago
      I am getting conflicting info on the feasibility of car battery quick-charge. Subaru R1e program people, Phoenix Motorcars and ZAP tell us that quick-charge can be done (10-15min). Then I hear Shai Agassi talk about how dangerous quick-charge is and how you need to move away from your car.. your hair will stick up etc. I also heard A123 Battery people being sceptical about quick-charge.
      What is the real truth or is it that non-quick-charging batteries fits Project Better Place and A123 business models better?
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