The Electric Car Model
Idea
Marriage of Science, Innovation and Entrepreneurship Creates a New Business Model That Transforms Society
Introduction
It is heavy, with a limited driving radius and locked-in supply agreements which render across the board leaps in efficiency rather difficult to achieve fast.
Innovation
The electric cars cheaper to purchase, the conversion from petroleum-based to renewable energy powered transport provides an additional boost to the local economy.
Impact
The system provides cheap off peak electricity to power the batteries.