Published on July 14th, 2013 | by Zach0
Better Place Sold… For A Measly $12 Million
It is certainly sad. A lot of people were very excited about Better Place and its model. And some people invested a good chunk of money into it. But you do also have to admit that there have been many critics from Day 1. Better Place will apparently live on, but it’s not at all what Shai Agassi and team envisioned. Read on….
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…