Australia could become the modern equivalent of oil-rich Saudi Arabia if it quickly switches to manufacturing electric vehicles and lithium-ion batteries, Better Place CEO Shai Agassi says. Agassi, who proposes an infrastructure system in Australia to recharge EVs at home and work as well as battery-swap roadside stations, recently gave the Victoria state government’s Alfred Deakin Eco-Innovation Lecture in Melbourne. California-based Better Place, the only private company developing an ...

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