Study: To speed electric cars to market, sell batteries separately
To get more electric vehicles on the road, consumers should have the option to essentially lease the batteries, a University of California at Berkeley study argues.
The UC Berkeley Center for Entrepreneurship & Technology on Monday released an analysis that found that there are environmental and economic benefits to adopting electric vehicles, but the high cost of batteries is a persistent problem that remains a barrier to buyers.
The study's author, economist Thomas Becker, argues that pay-per-mile service contracts--the rough equivalent of buying a service contract with a cell phone--and swappable batteries will hasten adoption rates. Separating the cost … Read more