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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Better Place starts electric cab trial in Tokyo By YURI KAGEYAMA,AP Business Writer - Tuesday, April 27 Send IM Story Print TOKYO – Three electric cabs began a 90-day trial in Tokyo on Monday that officials and the company involved say could eventually lead to the electrification of the city's entire taxi fleet. The cabs run on lithium-ion batteries that can be changed in less than one minute with a fully charged one. The charge starts running low after 300 kilometers (190 miles), according to Better Place, the California-based electric-vehicle services provider that's part of the government-backed project. There is only one such "switch station" in Tokyo now, and the city would need 300 for the entire fleet of 60,000 cabs on Tokyo streets _ more than New York, London and Paris combined _ to go electric, said Better Place Chief Executive Shai Agassi. He said the move to electric is inevitable because the burgeoning number of cars in countries like China is sure to push up oil prices while the price of electric vehicles is sure to come down like flat panel TVs. "There is no other alternative," Agassi said at an opening ceremony. Ichiro Kawanabe, president of Nihon Kotsu taxi company, Tokyo's biggest, which is cooperating with the test-run, said plans after the 90 day test-run are undecided. "We wanted to contribute to society through cabs," he said. Although cabs make up just 2 percent of vehicles in Japan, they account for 20 percent of the nation's carbon dioxide emissions, said Kiyotaka Fujii, President of Better Place Japan. Japan has set an ambitious target of reducing CO2 emissions by 25 percent below 1990 levels by 2020. Government officials expressed hopes the project will serve as a model for other cities. Ryuji Masuno, a transport ministry director, said electric vehicles should be more than a fad in Japan. "We hope these cabs will work as a display window for the technology." Japan is home to some of the world's top automakers, including Nissan Motor Co. and Mitsubishi Motors Corp., which are taking orders for electric vehicles from regular car buyers. Those vehicles are different from the ones Better Place is using for the Tokyo cab project. Their batteries can't be switched and so require time for recharging. Better Place has electric vehicle projects in California, Israel, Denmark and France. Over the weekend, the company signed a deal with Chinese automaker Chery Automobile Co. to jointly develop a switchable-battery vehicle prototype. Recommend Send IM Story Print Related Articles As they fold, Indonesia garment makers blame China AP - 6 minutes ago Europe trade deal could hit Indian generic drugs AP - 22 minutes ago US-BUSINESS Summary Reuters - 28 minutes ago Derivatives differences trigger alarm bells Reuters - 28 minutes ago Financial reform nears test in Senate Reuters - 31 minutes ago News Search Top Stories Wall Street overhaul faces key US Senate test Greece pledges fresh cuts after EU-IMF talks Genes influence smoking addiction: study Airbus workers 'to disrupt production in France' Indian cricket league chief suspended hours after finals More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Aliens may exist but contact would hurt: Hawking Ex-Bin Laden bodyguard writes against Qaeda BP struggles to cap leak as US oil slick spreads French driving veil row escalates Greece warns speculators as it races for bailout More Most Viewed » Aliens may exist but contact would hurt: Hawking Apple engineer loses iPhone prototype Two-million-year-old hominid sheds light on evolution Taiwan's male 'Susan Boyle' a web sensation French driving veil row escalates More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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