Green Technology

GE and Better Place will collaborate to advance the development of the electric vehicle infrastructure.  The partnership will leverage technology standards, create financing for batteries development, and expand into deployment into fleets.  …

…   “Standards-based technology: GE’s WattStation will be compatible with the Better Place network. Under the Better Place model, the ownership of the car and battery is separated, allowing EV drivers to avoid the heavy up-front cost of the battery and instead pay for miles and a more convenient, cleaner solution for personal transport.

This partnership will allow consumers that manage charging costs under Better Place’s network to easily charge their vehicles using GE’s WattStation.

Establishing charging uniformity for electric vehicle drivers, guarantees drivers can roam from one charge point to another under one seamless transaction for faster charging and a more convenient experience.

Battery Financing: GE and Better Place will develop a battery financing program that begins with a pilot project to finance 10,000 batteries in Israel and Denmark, which are the first two markets for Better Place.

This financing will further drive the early EV market in those countries, helping to bring the first 10,000 electric cars to consumers there.

Fleet Electrification: GE and Better Place are collaborating to target fleet owners for pilot projects to test a comprehensive fleet electrification offering model in major city centers and connecting highways.

The goal is to convert corporate fleet owners to electric fleets, so owners reap both the economic benefits of lower cost of ownership as well as reducing harmful carbon emissions. ”   …

Via Better Place: Collaboration with GE (Release).