Originally published on Gas. How would you run a whole country without oil? Israeli entrepreneur Shai Agassi wanted to find out, and the result was a company called A Better Place. Through a network for charging stations and robotic battery swapping stations, Agassi had grand ambitions to banish oil from … [continued]
Better Place, the organization that tried to introduce the concept of battery swapping for electric cars on a large scale but went bankrupt, has just been sold to “Sunrise Group” for $12 million. Since its start in 2007, Better Place lost $823 million and only sold 950 electric vehicles. It … [continued]
Yosef Abramowitz, dubbed as “Captain Sunshine” wants to purchase Better Place (its assets), which is currently in financial trouble and winding down its operations outside of Israel. Better Place filed for bankruptcy last month after selling approximately 900 cars in Israel and 400 in Denmark. Abramowitz actually built Israel’s first commercial … [continued]
