The electric car, the eternal expectation
The electric car. The eternal expectation Since our beginnings in the battery sector, VT has been closely following the evolution of the electric car. In 2012, we learned about the "Better Place" project, which proposed a "battery sharing" model for electric vehicles, allowing users to replace batteries at specific stations. Although the idea seemed to be a perfect solution to charging problems, it required an expensive network of stations and agreements with all vehicle manufacturers, which proved unfeasible. After an investment of more than $400 million, the project went bankrupt in 2014. However, in 2019 we discovered that ByD, a Chinese giant, had implemented a similar model in Canton, where electric cabs replace their batteries at stations. Unlike Better Place,...