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IntTech

Monday, November 24, 2008

Shai Agassi in the Bay Area City

A while back I had a short reference to Shai Agassi and his Better Place company. His plan for electric cars has been compared to the cell phone model. Now, they seem to have gotten a foot hold on the US main land.

It might seem odd to make that huge investment in electric cars with gasoline dropping below $2 a gallon in some parts of the country. However once the economy turns around oil will jump back up to the $60 to $80 a barrel range, and gas prices will follow.

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