Gone to a Better Place

Electric car group Better Place was innovative, exciting and potentially revolutionary but its business plan fell short. It's no surprise to see its demise.

A turbulent year has ended in the worst possible way for electric car group Better Place after it appointed liquidators on Sunday.

The battery-charging and battery-switching service provider raised close to a billion dollars from investors during its six-year lifespan but collapsed as it became clear it was about a decade too early with its idea.

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