Search results
Better Place was a venture-backed international company that developed and sold battery charging and battery switching services for electric cars. It was formally based in Palo Alto, California, but the bulk of its planning and operations were steered from Israel, where both its founder Shai Agassi and its chief investors resided.
- 2007
- Transport
- Shai Agassi
- Venture backed private
May 23, 2023 · May 23, 2023, Updated May 24, 2023. It was an ignoble ending to what was one of the most buzzed-about startups in Israeli history. On May 26, 2013, Israeli electric car network pioneer Better Place declared bankruptcy. Yet now, even a decade later, Better Place’s impact is still being felt.
People also ask
Will Israel build an electric car infrastructure?
Who makes the electric car at better place?
What is a Better Place electric car?
What is the Better Place electric car charging infrastructure network?
May 20, 2023 · There are still about 50 Better Place cars on the road in Israel, according to Doron Cohen, a Hadera mechanic who fixes electric vehicles. Cohen told me he has jerry-rigged a Fluence...
Jun 25, 2013 · Electric-Car Company ‘Better Place’ Fails To Make It in the Start-Up Nation Israeli battery-swapping venture burns through millions in capital without changing the world. What went wrong?
Aug 31, 2017 · What happened to Better Place's electric dreams? One of Israel’s most inspirational startups set out, but failed to build a nationwide infrastructure to support 100-percent electric cars.
Feb 8, 2010 · Better Place Israel CEO Moshe Kaplinsky, a former deputy chief of the IDF General Staff, announced that the company had signed agreements with 92 Israeli companies that agreed to convert a...
Mar 5, 2013 · Better Place was touted as one of the world’s most innovative electric vehicle start-ups when it launched six years ago. But after selling fewer than 750 cars in a major initiative in Israel and losing more than $500 million, the company’s experience shows that EVs are still not ready for primetime.