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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

Financing 252
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GE and Better Place Partner to Accelerate EV Infrastructure Deployment; Integrating GE WattStation with Better Place Services

Green Car Congress

GE and Better Place have formed a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure through collaboration in four key areas: standards-based technology development; battery financing; joint fleet electrification programs; and consumer awareness.

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Better Place Launches Switchable-Battery Electric Taxi Project in Tokyo; Converted Crossovers with A123 Systems Packs

Green Car Congress

Electric taxi driving through Ginza in Tokyo. Better Place launched a 90-day switchable-battery electric taxi in Tokyo in partnership with the Japanese Ministry of Economy, Trade, and Industry, and Nihon Kotsu, Tokyo’s largest taxi operator. Battery being lifted into the underbelly of the electric taxi during battery switch process.

Taxi 262
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Renault and Better Place partner in Australia to launch Fluence Z.E. with switchable battery in 2012

Green Car Congress

Under this agreement, Renault will import the first electric car equipped with a switchable battery, the Fluence Z.E. earlier post ), into Australia, and Better Place will provide the electric car charging network and services that make the car more convenient and affordable for the mass market. The Fluence Z.E. Fluence Z.E.

Australia 220
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New Legislation Would Require Half of US New LDVs in 2012 to be Alcohol Flex-Fuel, 80% by 2015

Green Car Congress

These fuel choice-enabling vehicles are defined as flexible fuel vehicles capable of running on gasoline and on up to 85% alcohol-gasoline blends such as E85 or M85, as well as diesel vehicles warranted by its manufacturer to operate on biodiesel. Mid-range ethanol blends. No mid-level blend support. The Open Fuel Standards Act ( H.R.

2012 150
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Tata Takes On Air

Plug In Partners

If a driver doesn't have access to a compressor station, they will be able to plug into the electrical grid and use the car's built-in compressor to refill the tank in about 4 hours. The compressed air technology is basically just a way of storing electrical energy without the need for costly, heavy, and occasionally toxic batteries.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

The World's First Clean Motocross Race On Electric. High-Speed Rail Unlocks Intermodal Potential Texas Excess Ford Expands Hybrid Success to Electric Vehicles ► March (17) Carbon Capture and Storage: To Be or Not To Be? Intelligent Charging Infrastructure for New Electr. Here we go again.or Carbon trading vs t.

Grid 28