Tuesday, May 28, 2013

Better Place-- Bankrupt

The Israeli company changed batteries for electric cars at their many stations. Here's a short piece on why it failed.

1 comment:

Ripituc said...

I remember when President PiƱera visited one of those stations in Israel (http://ripituc.blogspot.com/2011/03/presidente-pinera-chequea-un-renault.html).

People don't really want electric cars. Not yet and not as impractical as they still are. As long as Governments keep trying to push them down people's throats, we will keep hearing about bankruptcies, sometimes of companies that had received public money.

Better Place sounded like a cool concept, though. But if people don't buy the electric cars to start with...