Better Place begins deliveries of first EVs in Israel

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• Better Place
• Shai Agassi
• Renault
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• Denmark
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JERUSALEM -- Better Place, a U.S. start up developing charging stations, has begun its first commercial rollout with 100 electric cars to Israeli customers.

Better Place, founded by former SAP executive Shai Agassi, is in partnership with Renault to build and operate electric-car charging networks and battery-exchanging stations, starting in Israel and then in Denmark.

"The first wave of electric cars is the ultimate proof that the change is here," Chief Executive Officer Moshe Kaplinsky of Better Place Israel said in an e-mailed statement.

The delivery process in Israel will be in stages, Better Place said in Monday's statement.

Plug-in hybrids and all-electric vehicles have the potential to make up 9 percent of auto sales in 2020, according to Bloomberg New Energy Finance. That could rise to 22 percent of sales by 2030, or four million vehicles.

Source: Bloomberg

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