Think: Buy the Car, Lease the Battery

Here is an interesting idea to give a boost to the battery powered car: Sell the car but lease the batteries. "By leasing the battery the consumer doesn't take the risk over the unknowns of battery life," said Think president Jan-Olaf Willums. "We're moving from a car concept to a mobility concept. People look more and more at the full cost of ownership." The Norwegian two-seater can go 115 miles on a charge. Separating ownership of the battery from the car opens up all kinds of oppotunities: swapping in better batteries as they are developed, or even the development of battery stations where one can change to a full battery while on the road. ::Green Wombat

Tags: Alternative Energy | Norway

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