At a bargain basement price tag of only $450,000 the Israeli startup Gnrgy has bought the assets of the failed electric car company Better Place. Will the third time be the charm? Two other companies have tried to buy Better Place but failed. Gnrgy makes the most sense so far.
With almost a billion in financing and electric battery charge and change stations in place nationwide, at its critical hour Israel’s electric car company Better Place failed. It went bankrupt this year. One of its first investors, and biggest backers Michael Granoff will be writing a tell-all book. He speaks with Green Prophet.
Today is D-Day for electric car drivers in condos and apartments in Israel and who use the Better Place charging systems. The Israel Electric Company announced last week that yesterday was the cutoff date.
The forlorn photo of empty EV car charging posts says it all. Better Place, the electric car infrastructure company founded by entrepreneur Shai Agassi has still not found a buyer willing to come up with the actual money needed to purchase it.
Nobody was better poised to make Green EV Operation a success than Yosef Abramowitz, but the Better Place takeover in Israel failed because of the liquidator and Ministry of Transportation’s lack of cooperation.
The Better Place electric vehicle network was always an ambitious dream, and now it doesn’t have to die thanks to the man known as Captain Sunshine. The company declared bankruptcy in May, but today an Israeli court awarded the liquidation of its Israel-based assets and Swiss-based intellectual property to Yosef Abramowitz and a union of Better […]
Tesla CEO Elon Musk introduced the “latest” in electric car technology – battery pack swapping for the company’s Model S – to a gushing crowd and an even more fawning press. “Really, it’s one of those things you need to see,” wrote Chris Velazco in TechCrunch before linking to a video of Thursday’s event complete […]
Guest writer Brian Blum is an owner of a Better Place car in Israel. Now faced with uncertainty as to how he can charge his car for long range drives, he says that Better Place failed because drivers bought a car, but really it’s more like a personal bus.
Better Place’s sudden bankruptcy announcement only a week ago left more than 900 electric car owners in Israel uncertain about the future of the cars they bought. But Captain Sunshine, a solar energy pioneer in Israel says he might be able to help save Better Place.
Following Sunday’s news that Israel’s Better Place has declared bankruptcy we have to ask: what is going to happen to the 900+ car owners who signed on for the electric deal, one that promised switchable batteries at 37 stations throughout Israel? We speak to one car owner to find out.
Tesla Motors, the California maker of prestigious and high priced total electric sports cars is still to become a true reality in most countries of the Middle East where men prefer big, gas guzzling cars. But it might fill the gap after the failure of Better Place.
It is a sad day. Better Place’s battery swap technology is an obvious and practical technological solution to a basic problem of physics and electrochemistry, it is both dangerous and difficult to rapidly charge a chemical battery.
It seemed like a sure thing five years ago, but today Israel’s Better Place electric car company has pulled the plug on its electric car network in Israel as it files for bankruptcy today.
The Israeli EV company Better Place hasn’t been having an easy ride. Despite nearly a billion dollars in investment Better Place has failed to really convince the Israeli public that a swappable electric battery is the way to go. Its partner car and battery builder Renault have also lost the faith in Better Place
Now tourists can try out Better Place swappable batteries. For $65 a day, electricity and battery packs included. Better Place, Israel’s controversial electric car network provider, has had its share of issues and adverse publicity which began to heat up after its iconic founder and international CEO Shai Agassi was sacked this past October. This act […]
Not long after firing its replacement CEO, the Israeli electric car company Better Place has alluded to Forbes that it will likely close its its North American and Australian operations. Evan Thornley was the CEO of Better Place in Australia and was hired to be the global CEO of Better Place soon after the company’s […]
The Israeli electric car company Better Place is seeing rough times (it just hired its third CEO in as many months after firing two others), but it has reduced its leasing plan to about $400 a month including charge and battery swaps to attract more customers. Thanks to the millions in marketing done by Better Place, […]
Not exactly the 2014 Corvette, this smaller and cheaper electric model may be popular for older purchasers and the eco-aware in the Middle East This past year, a lot of adverse publicity issues surrounded the Better Place electric car network company, that included the firing of its international CEO Shai Agassi. This was followed by […]
Is Better Place hiring a new CEO? In a surprising article in the Israeli business newspaper Globes today, Israel’s electric car network company Better Place seems to have lost its new CEO, Evan Thornley from Australia. This is after a short three months on the job. Thornley was put in place to start a recovery program […]
Not a head turner but Mitsubishi’s new “buggy” MIEV all electric car is one of the best EV car deals The year 2012 has been a mixed year as far as the success of various models of electric cars and hybrid cars go. Regarding the Middle East, where the luxury Fisker Karma electric vehicle hit […]
Israel’s electric car concept company Better Place has assured media that the company is able to secure investment to continue its mission of pushing the electric car market forward in Israel and other countries such as Australia and Denmark. Two months after firing its iconic CEO Shai Agassi, the company’s new CEO announced that the […]
Inside a Better Place batter switching station: an idea born too soon? The fortunes of the Better Place electric car and service network company, which began going downhill when founder Shai Agassi was fired from being international CEO in October, have not improved much despite receiving a $100 million investment boost by the Israel Corporation, […]
The Better Place electric transportation company was founded in California’s silicon valley, not far from where the Tesla electric car company began. But while Tesla and Chevy’s Volt electric cars have been sold in the United States, Better Place didn’t enter the fickle US electric car market. Instead they teamed with French automaker Renault and […]
Israel’s electric car company Better Place is going to experience an overhaul, and will manage its existing resources in a new way, according to Evan Thornley, the company’s new CEO who just moved to Israel from Australia. Instead of focusing on selling Renault-made cars and charge plans to keep them juiced, the company is going […]
Better days for Better Place EV car company. Moshe Kaplinsky at the company’s first battery charge station in 2008. It seems things at Israel’s Better Place electric car company are going from bad to worse. Israeli news outlets are reporting that the company’s CEO Moshe Kaplinsky has quit, over disagreements with the company’s main shareholder […]
Investors still have faith in the Israeli-led Better Place electric car company. After the board fired its visionary founder and CEO Shai Agassi, and laying off half its staff in Israel last month the company has secured a $100 million investment. The company aims to reduce range anxiety of the use of electric cars by providing […]
The Fisker Karma electric hybrid sport: Not everybody’s car at $98,000 Electric cars cruising the roads of the Middle East and elsewhere in the world have been frequent Green Prophet clean technology articles ever since Better Place’s founder Shai Agassi launched his unique electric car network concept back in early 2008. Since then, a number […]
Inside a Better Place battery switching station. Maurice interviews two Better Place electric car buyers who defend their decision to buy electric, and support the company which is flailing financially. Better Place international CEO Shai Agassi has been fired from the company he founded ; and in the wake of his departure, the company may also […]
Despite a major upheaval in recent weeks, the electric vehicle company Better Place is pushing forward its business expansion plans with a $4 million deal recently signed with Elco Holdings Ltd. One of the largest industrial groups in Israel, Elco will purchase 125 Renault Florence ZEs that will be distributed to its subsidiaries Electra Ltd. and Electra […]
In the wake of ousting its guru-like CEO visionary Shai Agassi, rumors are circulating that Better Place Israel will be laying off staff, about half of its workforce, according to Haaretz. The plan is to cut about half of its Israeli staff, numbering somewhere between 400 to 500 people. The article states: “After anticipated development […]