Better Place unveiled its battery swap system today and said the $500,000 gadget can replace a dead battery and get you back on the road in less time than it takes to fill your gas tank.
The prototype revealed in Japan is the first of what the Silicon Valley startup promises will be countless automated battery exchange stations that will one day dot our cities. The technology will make it possible to travel long distances in an EV without the hassle of stopping to recharge your battery, company founder and CEO Shai Agassi said.