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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.
- 2007
- Transport
- Shai Agassi
- Venture backed private
Mar 5, 2013 · Yale Environment 360: After selling fewer than 750 cars in a major initiative in Israel and losing more than $500 million, the company's experience shows that electric cars are still not...
Jan 25, 2022 · Driivz was founded by parking lot maven Tsahi Merkur (he owns 100 such lots in Israel) who acquired some of the assets of Israeli electric car pioneer Better Place after the latter’s bankruptcy in 2013.
Jun 6, 2013 · TEL AVIV (JTA) — It was supposed to be the car of the future, a near-silent, battery-powered vehicle that would wean the West off its dependence on Middle Eastern oil and save the environment...
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. By YAKIR FELDMAN. AUGUST 31, 2017 17:18.
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.
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 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.
