Thomas E. Woods, Jr., is the New York Times bestselling author of 11 books, including The Politically Incorrect Guide to American History and Meltdown (on the financial crisis.) A senior fellow of the Ludwig von Mises Institute, Woods has appeared on MSNBC, CNBC, FOX News, FOX Business, C-SPAN, Bloomberg Television, and hundreds of radio programs... (Read More)
This one in Israel. Time reports:
As promised, the landscape of Israel is dotted with battery-switching stations, 27 blue-and-white buildings bearing the logo of Better Place, the most ambitious electric car enterprise in the world. The batteries are right there too, rows of lithium-ion blocks that can be lifted in and out of the rear of a four-door Renault Fluence in a bit more than the time it takes to fill up at the pump.
The only thing that’s missing is the cars — or, rather, the people who want to drive them.
In six months, Better Place has sold only 500 cars in Israel, the country that was supposed to showcase the vision of its founder, Shai Agassi, who predicted 100,000 totally electric vehicles would be on the road by 2016, sticking it to the petroleum industry and the despots it funds. Instead, Agassi is gone, forced out as CEO last month because of mounting losses seated in the hesitancy of Israeli consumers to commit.