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Aug 31, 2017 · Did Better Place ever have a realistic shot at succeeding? Is there a future for electric cars in Israel?
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
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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. One could even say that Better Place put electrification of vehicles […]
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 18, 2013 · Better Place, which staked out its position in the electric car market with an innovative battery-swapping technology, has sold only about 750 cars in Israel, while piling up losses of more than $500 million. Agassi was forced out of Better Place in October, his successor as CEO quit in January, and the company has put its global rollout on hold.
Apr 29, 2014 · Head over to our on-demand library to view sessions from VB Transform 2023. Register Here The remarkable scope, overwhelming ambition, and epic failure of the Better Place electric-car service in ...
