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May 28, 2013 · In truth, the employee said, Better Place had been selling cars for just six months — and sales this year were actually better than those of the Toyota Prius (426 Fluences vs. 400 Prius models ...
- Victim of Its Own Success
- Calming Range Anxiety
- Swap It Out
- Better Batteries
- Moving on
The Tesla-Better Place rivalry is not mentioned much today, since one company joined the ranks of the most highly valued in the world while the other went kaput. But when both companies were still finding their footing, it was Better Place that was getting all the hype – and nearly a billion dollars of investment – while Elon Musk was ironically “b...
Better Place burst out of the gate with an innovative approach to the biggest problem with electric cars in 2007: range anxiety. Even the best batteries at the time could only provide 100 or so miles per six- to seven-hour overnight charge. So, Better Place built 42 switching stations across Israel. You’d pull into what looked like a high-tech car ...
Battery swap hasn’t disappeared entirely. Automaker NIO is building mobile battery swap stations for its cars in China. San Francisco-based Ample is pursuing a similar strategy in the US. But battery swapping has caught on most of all in the micro-mobility sector. Taiwan’s Gogoro has built hundreds of battery swap “vending machines” allowing electr...
Today, though, it doesn’t much matter – at least for passenger EVs. That’s because battery chemistry is getting better. All manner of alternatives to the current standard lithium-ion batteries are proposed (for some reason, they all seem to begin with the letter “S” – sodium, sulfur, salt, silicon and solid-state) that give better performance, long...
Meanwhile, former Better Place executives can be found at mobility startups, established companies such as Tesla, Uber and General Motors, and investment firms in both Israel and Silicon Valley. 1. Mike Granoff now heads Tel Aviv- and New York-based Maniv Mobility, which invests exclusively in mobility startups. 2. Quin Garcia is doing the same fro...
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Aug 31, 2017 · One of Israel’s most inspirational startups set out, but failed to build a nationwide infrastructure to support 100-percent electric cars.
Israel was the first nation in the world to partner with Better Place to build an electric car infrastructure. Shai Agassi, former Better Place CEO, claimed that by 2016, plus or minus a year, more than 50% of cars sold in Israel would be electric.
May 26, 2013 · Yifa Yaakov and David Shamah contributed to this report. Innovative Israeli company burned through more than $800 million in five years, but sold barely 2,000 of its electric cars.
May 26, 2013 · In addition to Israel Corp., Better Place investors included General Electric, UBS, HSBC and Morgan Stanley. In 2008, Better Place partnered with Renault to build an electric car and create a ...
Jun 1, 2013 · So it is with Better Place, an electric-car venture on which some of Wall Street’s most seasoned hands lost a spectacular $812 million. But it is worth pausing over this Israeli company,...
