For decades, California has been a hot-bed of environmental innovation. So it's not surprising that state and local government there has partnered with A Better Place, a privately-funded Silicon Valley company that will plan and install a $1 billion infrastructure, focused around the San Francisco Bay Area, to charge a growing number of electric vehicles.
The infrastructure will provide battery-charging and battery-swapping stations, allowing users to either recharge their depleted battery with the swipe of a credit card, or, if time is of the essence, swap a depleted battery from a fresh one. Dozens of these charging and swapping stations will be installed along busy Interstate 5 and at several municipal buildings, public spaces, and homes. A Better Place hopes to have the infrastructure ready for use by 2012.
Source: A Better Place