Better Place “filed a motion in an Israeli court to wind up the company, bringing an end to a venture whose battery charging network had aimed to boost electric car sales,” Reuters says. (Read More…)

Beleaguered EV start-up Better Place faced yet another blow this week, as Nissan CEO Carlos Ghosn declared that rapid-charging, not swappable batteries, will be the predominant charging technology for EVs.

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Shai Aggasi, the visionary behind the Better Place EV battery swap network, has been ousted, with Better Place Australia’s CEO replacing Agassi as global CEO.

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