Shai Agassi - alternative energy pioneer

Oil is one of the scarce resources.As we all know there are limited scarce resources but unlimited wants.So one day those scarce resources may cause a high increase in inflation because of the demand for oil.It will cause a demand pull inflation..Therefore,there are many invations creted to substitute the usage of oil.One of those invations is electri vehicle which use battery in stead of oil...= =.....

"Agassi's new place applies the business model of mobile phones to cars:the customer buys or leases an electric vehicle from a partner car company,and then pays a per-mile rate for battery usage"Don't you thing this idea will attract people to invent on?
The materials to use in this invention is very dear.Therefore ,the product can't be cheap as well.

Also it's more convinient to use oil than charge electricity because it won't waste your time on your way.Furthermore,it will be a big trouble for users to use it..if the battery is empty and you're on your long way.

Well the biggest benefit from it I think will be :

• Lower the demand pull inflation because the demand for oil is lower.
• And less pollution which causes negative extrenalities.

Cars using oil,causes a lot of pollution and it will cause many troubles in the long run for third party people,especially on health.This also will lead to an increase in cost of National Health Service.

"we're going to spend 800 million pounds in teh off-chance that we'll get the entire countru going without oil-oh,and 650 million pounds will go into creating green jobs tomorrow morning.Would you say it's worth a try?" said Mr.Agassi....Well he's right but not all poeople know about the cost of oil,so I think this way won't help a lot.especially within the crisis period, with a such an high price of the new product...poeple won't buy it:D