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

Green Car Congress

Existing shareholders, including Israel Corp., Better Place will use the proceeds to expand into Western Europe while it continues to advance the company’s deployment projects in Northern California, Southern China, Japan, Ontario, Canada, and Hawaii. New investors in the Series C round include GE and UBS AG, among others.

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

Green Car Congress

Battery Financing: GE and Better Place will develop a battery financing program that begins with a pilot project to finance 10,000 batteries in Israel and Denmark, which are the first two markets for Better Place. Better Place is already working towards initial network deployments in these markets, beginning in 2011.

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Better Place Debuts EV Services Platform and Partners at Frankfurt Motor Show

Green Car Congress

Better Place introduced its electric vehicle (EV) services platform at the Frankfurt Motor Show, in conjunction with Renault’s unveiling of the Fluence ZE Concept with Quickdrop (switchable) battery system and an expanded agreement with Renault, committing both companies to a volume of at least 100,000 electric cars in Israel and Denmark by 2016.

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Hawaii opts for EVs and renewable energy

Revenge of the Electric Car

My wife, Zan, and I were recently on the Big Island, Hawaii, and while there we toured the state’s only geothermal plant. Hawaii's 30 megawatt geothermal control room. The rest of Hawaii’s electricity is generated by burning oil. Hawaii's 30 MW geothermal power plant. URL: [link]. By JOHN MARKOFF.

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Letter from Copenhagen

Revenge of the Electric Car

Like Portland, like Paris, like Tel Aviv, like Tokyo, like Los Angeles, like Copenhagen, like Hawaii! Shai Agassi updated the world on Better Place’s plan to install fast-switch stations and quick chargers in Denmark, Israel, Tokyo, and the US. Toronto would lead! warmer there by the way). Vegas anyone?

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

So far Israel, Denmark, Australia , Hawaii and California’s Bay Area have plans to implement the Better Place model. Battery recharging would typically take two to four hours, he said. Mr. Thesen said that a factory in Turkey was being refurbished to be able to produce 100,000 electric vehicles a year.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Better Place is building stations in San Francisco, Hawaii, Israel, and Denmark to swap out 1,000 pound batteries in a car wash type set up. The transportation market is in the process of getting fragmented beyond all recognition. There are at least a half dozen different technologies to power cars with electricity under construction.