Remove Corporation Remove Financing Remove Global Remove Israel

Better Place closes $200M Series C financing; valuation now $2.25B

Green Car Congress

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, 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 on a fully diluted basis) since the last financing in January 2010.

2nd Better Place CEO out; company to be managed by Chairman of Board and CFO

Green Car Congress

Globes in Israel reported that sources said that Thornley left over differences with Chairman Idan Ofer over Better Place’s future, especially over plans to reduce activity in global markets and focus on its core markets of Israel and Denmark. Thornley’s first job, the Globes report noted, was to develop a recovery plan for Better Place’s Israeli operations—a condition for further financing.

2013 80

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

GE and Better Place Partner to Accelerate EV Infrastructure Deployment; Integrating GE WattStation with Better Place Services

Green Car Congress

The partnership combines GE’s global scale, broad technology portfolio, smart grid expertise, and its new WattStation Level 2 electric vehicle charger ( earlier post ) with Better Place’s EV services and infrastructure solution. GE’s WattStation. Click to enlarge.

2010 102

Intel to acquire Mobileye for $15.3 billion; targeting autonomous driving

Green Car Congress

Intel Corporation announced a definitive agreement under which Intel would acquire Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving.

2017 78

Chinese automakers bring hybrids and plug-ins to Detroit, Geneva auto shows

Green Car Congress

—a partnership between Chery Automobile, China’s largest independent car manufacturer, and Israel Corporation—is bringing its Cross Hybrid Concept to the Geneva Motor Show in March. The E-JET concept range extended electric vehicle from GAC. Click to enlarge.

2013 115

Pike Research makes 10 electric vehicle predictions for 2013

Green Car Congress

Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electric vehicles in 2013. Globally, the e-bike market will grow by 10% to more than 33.6 Battery swapping gives way to battery financing.

2012 120

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Early Days in the Obama Administration An Address I'd Like to Hear Global Warming Solutions Included in Transportatio. Thinking Globally, Acting Locally San Francisco City Carbon Collobarative 18th and 1. People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. Shai Agassi predicts that Israel will have over 100,000 electric vehicles in use by 2010.

2009 28