The mass use of electric vehicles in Australia moves closer to reality, as AGL Energy Ltd. and Macquarie Capital Ltd. sign a A$1 billion ($624 million) agreement with California’s Better PLC (Better Place). The alliance plans to fund a program that will establish a network powered by renewable energy that will allow Australians to recharge their EVs at plug-in stations at home, the office or shopping centers. Drivers will pay to recharge their EVs through power supply agreements, ...

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