Better Place

Based on the early numbers, Better Place is having a tough time meetings its initial sales target in its primary market of Israel of 4,000 electric vehicles in the first year, but the official word is that the slow start is meeting expectations. How slow? Since selling the first vehicles in July ...

If you're campaigning for Mitt Romney and believe in the electrification of transportation, you're kind of between a rock and a hard place. While Romney previously had supported electric and other non-petroleum vehicles, more recently, he's shifted his focus to freedom from foreign oil through ...

Things just got a little better for Better Place. The electric-vehicle battery-swapping company said Tuesday that it received a 40-million euro (U.S. $50 million) loan from the European Investment Bank, marking the company's first credit line after raising all of its existing funding in the form ...

Better Place waited until its fleet of Renault Fluence plug-in vehicles was just about officially, commercially operational in Israel before letting customers know that the cost to drive the vehicles will be less than expected. Better Place's official launch, which happened this past weekend, ...

Electric vehicle "miles" company Better Place will likely go public within two years to take advantage of what many expect will be broader electric-vehicle adoption throughout the world, Bloomberg News reported, citing an interview with company founder Shai Agassi last week. Better Place will ...

Better Place, the Silicon Valley company founded by former high-tech executive and Israel native Shai Agassi in 2007, has delivered the first 100 electric cars to Israeli customers. After years of tests and trial programs, the deliveries mark a big step in the company's efforts to build out an ...

If you want to try out one of Better Place's electric vehicles, you'd have to move to a country where the project is establishing its infrastructure or else wait for it to come to your neighborhood. At least that's how it was looking until now. Because the latest announcement from the ...

Better Place continues to play the investment alphabet game, with the company's Series C funding round netting $200 million of new financing from the likes of General Electric Co (not a surprise at all) and UBS. Even though many in the automotive industry are still skeptical of Better Place's ...

Recently, Ecomagination, General Electric's cleantech and sustainable infrastructure website, interviewed Shai Agassi, the founder and chief executive officer of battery swap specialist Better Place. Questions centered on how Better Place will forever change the notion that electric vehicles are ...

A quick spin in the Laguna EV at the epicenter of the Better Place project Ask any addict why they don't quit, and they'll probably tell you it comes down to one sticking point. The addiction could be to caffeine or cocaine, but whatever the excuse – from work stress and social factors to ...