WNN: A Real Electric Car

Imagine an electric car that doesn't need oil.
3:42 | 01/24/12

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Transcript for WNN: A Real Electric Car
Welcome back everyone for years we've heard all about what the politicians -- reducing our dependence on foreign oil but so far that defendants really. Doesn't show any sign of decrease seen all the prisons and said it nothing ever seems to really get done well a serious effort to cut down on using it is being made right where most of the world's oil is produced of -- -- the Middle East. ABC's Alice Moore court reports from Tel Aviv. Our dependence on oil and -- of our existence over how we resented. And electric future electrifying Big Three hundred we'll supply will be -- has -- -- Meet a man with a solution -- in a sense if you want to think about it this is the classic. Batteries not included he's been dubbed the electric car profit it has to be something that skills -- not how do you build one car. But how do you still this so that it can become something that is used by 99%. Of the population. The past few years he's been on list after list of the most influential most innovative entrepreneurs in the world. His company is better place their products powering electric cars -- vision a world without oil. We basically came out to solution that has the ability to both charger car when your parked at home and it works we are always coming into a full tank. And switcher and your battery when you're going on the freeway longer distance in the better. If your batteries dying and you still have a ways to go you pull up to a switch station. The battery goes in and out it's supposed to take as long as it would normally Philip -- it. And you don't own the battery so the cars around 101000 dollars cheaper just pay for the energy you use. When you buy gasoline car nobody asks you by 101000 gallons with a he shouldn't have somebody to -- the equivalent of 101000 gallons of driving in the form of better. A gusties rolling out his electric car network in Israel a country surrounded by oil rich less than friendly neighbors when you come and -- -- I'd like to end. The oil or nobody says why they -- could you do faster. Better places creating a network in Australia and Japan with taxis and Denmark where gas is around eight dollars a gallon. They signed deals with Hawaii and San Francisco. But many doubt the model is possible in the states I think Israel's about the size of New Jersey even northern California. It would be very very hard to blanket that with the kind of battery changing stations that we need a -- just asking for a shock. Give -- seven days of gasoline use in the US which is about -- billion dollars. We can cover the entire country with the same network and get the US soft war. But American car companies haven't shown much interest in better place despite a potentially enormous offer. We're happy to place an order three billion dollars five billion dollars order -- American carmaker and have a -- that made any any of the American carmakers. They're aware that you're willing to give them three billion dollars we were we've we've -- You're not getting invites Americans are at night. At the better place headquarters in an old oil depot large curious crowds come pouring through every day to see a guy -- vision of an oil free future. This is outfielder -- -- -- if you bill that they will come. We know people show -- but they are they are showing up in their signing up in their buying cars Alex McCord in Tel Aviv. I think this is such a really arguing is -- -- slowly creep into America with a Chevy Volt Nissan only for getting there just gonna take years and years. Gotta go more than a hundred miles of -- -- And that's anyway yeah.

This transcript has been automatically generated and may not be 100% accurate.

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