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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
Better Place | 4,427 followers on LinkedIn. Better Place is a global company delivering the EV networks and services that make an electric car affordable to buy, easy to use, and amazing to own. We deliver services to enable confident adoption and use of EVs. We build and operate the infrastructure and systems to optimize energy access and use.
- 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...
