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. Battery switch stations were supposedly opening to customers almost weekly in 2012.
Mar 05, 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 ...
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Nov 09, 2012 · Better Place, an ambitious electric car enterprise, pinned its hopes on Israel—but the smart car revolution imagined there has fallen flat. Shai Agassi, Better Place founder and chief executive, throws an ignition card over an electric car during the inauguration of a new vehicle demonstration center in the Israeli city of Tel Aviv Feb. 7 ...
Apr 07, 2014 · These runaway expenses meant that Better Place would have to quickly sell as many as 30,000 cars in Israel just to break even. But by November 2012, the company had sold just 500 cars there.
- Max Chafkin
Electric cars are a strategic weapon Israel taxed Better Place cars for 27 percent of the car and battery, adding almost $10,000 to the purchase price.
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