Tuesday, July 10, 2012

Better Place-charged vehicles surpass 1 million kilometers driven

Better Place-charged vehicles surpass 1 million kilometers driven:
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Better Place Renault Fluence Z.E.



Those who scoff at the metric system may belittle any publicity related to kilometers covered instead of miles, but we're still pretty impressed.



Better Place, which is trying to build out an infrastructure for electric vehicles based on the cell phone model of leased batteries that are swapped out, says it's vehicles have surpassed one million kilometers (625,000 miles) driven by using battery-swapping stations in Israel and Denmark.



The company, which has an agreement with French automaker Renault to use its Fluence Z.E. EVs for the project, is delivering about five new cars per day to Israeli customers for the purpose of trying out the process. Better Place operates 55 switching stations in Israel and Denmark that have processed about 15,000 battery swaps.



As of late January, Better Place, which was founded in 2007, had raised about $750 million in funding. At that time, Bloomberg reported that the company would likely go public within two years to get more funding in order to expand its battery-swapping infrastructure as more people buy electric vehicles. Read more in the press release below.
Continue reading Better Place-charged vehicles surpass 1 million kilometers driven
Better Place-charged vehicles surpass 1 million kilometers driven originally appeared on AutoblogGreen on Sat, 07 Jul 2012 09:02:00 EST. Please see our terms for use of feeds.
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