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Nov 14, 2011 · Better Place, charging infrastructure, battery leasing and global pioneer of rapid battery swap stations for electric cars, has just announced it has secured $200 Million of investment in its ...
- Contributing Writer
Startup Better Place developed this technology several years ago to build out its electric car charging infrastructure. Better Place founder Shai Agassi was a big proponent of battery swapping , and continues to be, even after leaving the company late last year.
Jul 30, 2016 · Better Place raised more than $850 million from top tier investors including General Electric Co., HSBC Holdings PLC and the European Investment Bank. Just two years ago the company said it was valued at $2.25 billion, according to Reuters.
- Ev Loves CA
- ‘Arms Race’
- All Systems Go
- Faraday Future Intelligent Electric Inc.
- Fisker Inc.
- XOS Inc.
- Battle Motors Inc.
- BYD
- Greenlots
- Evgo Inc.
Kruger said the development of such a large cluster of electric vehicle companies is the “cumulation of good policy” in California, from early environmental legislation in the 1960s to the emissions targets announced by Gov. Gavin Newsom in 2020. Southern California also boasts a large pool of engineering and design talent, Kruger pointed out. And ...
Xos has already begun manufacturing trucks at a facility in Tennessee (though battery packs are assembled in Los Angeles), and in recent years, the company has announced contracts with major fleet operators such as FedEx Corp., Loomis Express and United Parcel Service Inc. Canoo, which launched with a focus on passenger vehicles, announced last yea...
Los Angeles is a growing electric vehicle hub with dozens of companies contributing to advancing technology and sales in the industry. The EV market is projected to be worth $2.5 trillion by 2027 with a compound annual growth rate of 34%, according to a Meticulous Research report published in July. Auto industry analysts expect EVs to dominate the ...
HEADQUARTERS: Gardena FOUNDED: 2014 BUSINESS: EV manufacturer CEO: Carsten Breitfeld EMPLOYEES: 300 FUNDING TO DATE: $2 billion MARKET CAP: $4 billion UNDER THE HOOD: Faraday Future had a rocky first five years and abandoned plans for a $1 billion factory in Nevada. But the beleaguered company is bouncing back after going public in July through a r...
HEADQUARTERS: Manhattan Beach FOUNDED: 2016 BUSINESS: EV manufacturer CEO: Henrik Fisker EMPLOYEES: 148 MARKET CAP: $4.3 billion NET LOSS: $176.8 million (Q1 2021) UNDER THE HOOD:Fisker develops and sells luxury electric vehicles. In October, Fisker merged with Spartan Energy Acquisition Corp. and went public through a blank check company merger, g...
HEADQUARTERS: Glassell Park FOUNDED: 2016 BUSINESS: Commercial EV truck manufacturer CEO: Dakota Semler EMPLOYEES: 182 FUNDING TO DATE: $240 million MARKET CAP: $718 million UNDER THE HOOD:Xos provides Class 5 to Class 8 battery-powered commercial vehicles with environmentally conscious designs. In August, the company went public through a reverse ...
HEADQUARTERS: Venice FOUNDED: 2021 BUSINESS: Electric garbage and delivery trucks CEO: Michael Patterson EMPLOYEES: 200 REVENUE: $140 million to $180 million (est.) UNDER THE HOOD:Battle Motors was formed in March and then acquired Crane Carrier Co.’s production line for EV trucks in Ohio.
U.S. HEADQUARTERS: Downtown; factory located in Lancaster FOUNDED: 1995 BUSINESS: Electric bus manufacturer CEO: Wang Chuanfu EMPLOYEES: 600 ANNUAL REVENUE: $23 billion (2020) UNDER THE HOOD: The company is working with Levo Mobility to deploy up to 5,000 EVs.
HEADQUARTERS: Downtown FOUNDED: 2008 BUSINESS: EV charging stations CEO: Brett Hauser EMPLOYEES: 179 FUNDING TO DATE: $13.8 million UNDER THE HOOD:Greenlots has projects in 13 countries. The company was acquired by Royal Dutch Shell in 2019 for an undisclosed sum.
HEADQUARTERS: Sawtelle FOUNDED: 2010 BUSINESS: EV charging stations CEO: Cathy Zoi EMPLOYEES: 185 MARKET CAP: $2.1 billion ANNUAL REVENUE: $4.8 million (Q2 2021) UNDER THE HOOD:EVgo has more than 800 charging stations across 34 states.
Mar 22, 2023 · CalMatters’ statewide analysis of ZIP codes reveals a strikingly homogenous portrait of who owns electric vehicles in California: Communities with mostly white and Asian, college-educated and...
- Nadia Lopez
- 3 min
Apr 1, 2021 · Los Angeles is now aiming to create another 15,000 charging stations by 2025, according to Julia Thayne from the Mayor's Office of Mobility and Innovation. Many of the stations are subsidized by the city's Department of Water and Power.
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Nov 11, 2011 · With other green technology companies faltering or filing for bankruptcy, Better Place, the Silicon Valley electric car infrastructure startup, said Friday that it has raised a $200 million...
