"The driver may simply come home, plug the car in at 6 p.m. and you just need it to have a full charge by 8 a.m. the next day ... That's a 14 hour window in which we can decide to get you an amount of electricity that may only take three, four or five hours to deliver. Our system can juggle that sort of calculation across thousands and thousands of cars to create a smooth load profile for the grid operator, so they are not experiencing power spikes or having to bring on back up sources of generation."
"I am doing this because it is a business. There is money to be made here ... It is a longer-term build business than something like a typical technology business, no question about that. But when this market kicks in, it is going to be a very significant hockey stick."
A hockey stick? OK. Now, what do you think of Kaplan's comments?
[Source: Seattle PI]