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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
Mar 5, 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...
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Jun 1, 2013 · So it is with Better Place, an electric-car venture on which some of Wall Street’s most seasoned hands lost a spectacular $812 million. But it is worth pausing over this Israeli company,...
May 23, 2023 · But the curse seems to finally have been broken: In the first quarter of 2023, nearly 20% of new car sales in Israel were electric. The Better Place story, despite its crash ending, also fits well into the Israeli narrative.
Apr 7, 2014 · With almost $1 billion in funding and ambitions to replace petroleum-based cars with a network of cheap electrics, Shai Agassi’s Better Place was remarkable even by the standards of...
Aug 31, 2017 · One of Israel’s most inspirational startups set out, but failed to build a nationwide infrastructure to support 100-percent electric cars.
May 30, 2013 · Better Place, the Israeli startup with a drive-in, swap-out system for electric car batteries, is bankrupt—but Tesla is stronger than ever. We tell you why.
