Saturday, April 14, 2012

More Problems For Better Place

More bad news for Better Place, losing money as well as failing to deliver as promised. 

Shay Agassi's electric car venture Better Place LLC is facing delays in the deployment of its battery recharging and quick replacement infrastructure in Denmark as well as in Israel.

 Renault SA (Euronext: RNO), which directly markets its electric car in Denmark, has announced that it will launch the Zoe compact electric car in October. It considers the Zoe more suited to the Danish market than the electric version of the Fluence sedan, which is not popular in the country. Renault also announced that, until further notice, it will market the Zoe only with a permanent battery, rather than the replaceable battery "until Better Place proves that its organization and battery replacement system are functioning properly."

  Better Place was expected to sell 115,000 electric cars in Denmark and Israel between 2011 and 2016, but the company is far behind those numbers.

Oops, who could have guessed?  Oh wait, me!  :)


  1. What do you think of this?

    1. As I previously posted there in the comment section:

      "Pretty telling that they have to outlaw cheap at home charging to allow Better Place to exist. Luckily it has no chance at all here in the US. "

    2. Illegal to plug in at home using your own power! No wonder tons of money has been thrown at this project. It is trying to create a monopoly in the electric car market. SHAME! Ahhhh, Smart Grid proponents also claim that the "Better Place" model is the only feasible one. That is, the only feasible charging structure and billing structure that supports the "Smart Grid". At what cost!! There is no way all this technology is going to be cheap, and we are only talking about "Smart Grid" and "Better Place" Power supply. Compare that to grid parity Solar -making your own power is cheaper!