Tennyson said that it is better to have loved and lost than never to have loved at all, but when it comes to affection towards the dearly departed Better Place battery-swapping technology, Israeli and Danish drivers of plug-in vehicles may beg to differ. Those two countries were the first markets for the company, which went out of business in May after burning through about $850 million over a five-year period. And now, drivers in those countries say the plug-in vehicle movement has been set further back then if the company would've never existed in the first place, according to Plug In Cars.
Israeli drivers say Better Place's battery-swapping stations were shut down and its charging spots were disconnected, forcing drivers of electric vehicles like the Renault Fluence Z.E. to buy gas-powered vehicles to get by. And in Denmark, there are also a minimal number of charging stations in existence, while the government won't provide incentives for plug-in hybrids (only pure-electric vehicles), further hampering any efforts for that country to gain a plug-in groundswell.
Better Place has made quite a mess since going out of business. This summer, the solar pioneer "Captain Sunshine," aka Yosef Abramowitz, was set to buy the company's assets for $12 million but that fell through. Then, EV Net Group was supposed to buy the company for the low low price of $505,000 but, dang it, it missed a payment in September, causing the acquisition to be voided. The company is now being parted-out, which could get interesting.