The press release states, “with the launch of the first nationwide electric car networksin Israel and Denmark just months away, Better Place today announced that it has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25 billion (post money valuation [...]
GE and Better Place Partner to Accelerate EV Infrastructure Deployment
According to the press release, “GE and Better Place, a leading electric vehicle (EV) services provider, today announced a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure through collaboration in four key areas: standards-based technology development, battery financing, joint fleet electrification programs and consumer awareness. The partnership combines GE’s global [...]
Better Place Applauds Bipartisan Effort to put US into the Global EV Race
According to a Better Place Press Release, “Better Place today announced its support for federal legislation aimed at catalyzing electric vehicle (EV) adoption in the US, the Electric Vehicle Deployment Act (EVDA), introduced today by a leading bipartisan group of members of the Senate and House. “The bills, introduced by Senators Dorgan (D-ND), Alexander (R-TN), [...]
Better Place Takes First Step in China
According to the Press Release, “Better Place took a first step today in China by signing a memorandum of understanding (MOU) with Chery Automobile Co., China’s largest independent auto producer and exporter, to collaborate on electric vehicle technology in the world’s largest auto market. As part of the collaboration agreement, the Chery exhibit at Auto [...]