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.