Israeli electric car company Better Place made several mistakes that by Better Place's founder, Shai Agassi, promised he would sell. Discover 39 Shai Agassi Quotations: Shai Agassi: 'We started our planning by asking our customers what they needed. They needed continuous deployment '. For Shai Agassi, the founder and former CEO of electric vehicle company Better Place, that piece of advice came from former President Bill. HOW TO FIND CRYPTOCURRENCY ADDRESS

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By the way, Agassi did not invent automotive battery swapping. Totaled tells us that a subsidiary of General Electric started doing it back in , and the business continued for 14 years. Like Elon, Shai envisioned a car that could be updated with new features like a computer application.

Israel was a perfect candidate — a virtual island with high gas prices and good reasons to want to free itself from imported oil. I always thought the sad thing about the Better Place saga was that, while Agassi had a number of good ideas, his company became identified with one bad one — battery swapping. Every EV-maker insists on using a different form factor for its battery packs, and there was never any chance that they would agree on a standard.

It turned out that DC fast charging was, and is, quite sufficient to enable long-range driving. Better Place built several swap stations, but the only vehicle that implemented its technology was the Renault Fluence ZE, which was not exactly a big hit.

Better Place planned to order , of the electric sedans, but only about 4, were sold, and production of the model ceased in Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone. Thank you. Lidar measures distances by illuminating a target with laser light and measuring the reflection with a sensor.

Differences in laser return times and wavelengths can then be used to make digital 3-D representations of the target. Advanced driver-assistance systems are electronic systems that have been developed to help drivers to drive and park more safely. A computerized system works together with a driver. ADAS systems use automated technology, such as sensors and cameras, to detect nearby obstacles or driver errors.

And Israeli companies are making big deals for LiDar tech.

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