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"Almost two years to the day after announcing its first car partnership and its first country deployment in Israel, Better Place today announced that it has signed an agreement with an HSBC-led investor consortium for new equity financing of $350 million. The deal marks one of the largest clean-tech investments in history and values Better Place at $1.25 billion."

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Interesting piece on Better Place in Denmark

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"THE SURPRISING RESULTS of a TMR poll show that the impending release of electric cars into the Australian market may not meet the buyer resistance some may be expecting."

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Better Place, the ambitious San Francisco electric vehicle service company, has teamed up with French car company Renault to bring 100,000 electric cars, and the network to charge them, to the streets of Israel and Denmark by 2016

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When Better Place wanted to demonstrate how their battery switching station would operate they chose Yokohama Japan as the backdrop and now the land of the rising sun is returning some of that love. The electric vehicle infrastructure company has received an "award" to carry out a pilot project involving a switching station and battery-powered taxis operated by Nihon Kotsu in Tokyo. Although cabs comprise just two percent of the cars in Japan they're responsible for a whopping 20 percent of the CO2 emitted.

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Forget about the hybrid auto -- Shai Agassi says it's electric cars or bust if we want to impact emissions. His company, Better Place, has a radical plan to take entire countries oil-free by 2020.

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nobody doubts that Agassi is a visionary with good intentions--to reduce the world's dependence on oil to help preserve the planet. People just wonder if he can make a business of it.

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An interesting article about Better Place and Shai Agassi

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Better Place Denmark closed approximately €103 million Euro (770 million Danish Kroner) in equity and convertible debt for the initial deployment of their electric car charging network in Denmark

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Better Place, today announced a partnership with the government of Ontario to help bring an electric car network to the province and create a model for the adoption of electric cars in Canada. Ontario, which is one of North America’s largest car producing regions, seeks to transition its auto manufacturing sector for future growth from electric vehicle production while reducing greenhouse gas emissions.

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Ever since last week's announcement of a deal to roll out Project Better Place's model for recharging electric cars in Hawaii, I've been curious about how it would work out, if the supplies of new renewable electricity needed to wean the Islands' million or so cars and light trucks off of oil were not forthcoming, or at least didn't materialize as quickly as the company and state hope. If I've done my sums right this morning, it appears that electrifying Hawaii's passenger cars would still save large quantities of oil and reduce greenhouse gas emissions significantly, even if every kilowatt-hour (kWh) to run them was generated from the state's oil-fired power plants.

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Hawaii has unveiled plans to be first in the nation to roll out electric car stations statewide — a move the governor hailed as a major step toward weaning the islands off oil.

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Better Place (formerly Project Better Place) has scored a coup in the California Bay Area. The electric vehicle startup has struck a deal with the region, including the cities of San Francisco, San Jose and Oakland, to set up a $1 billion charging network for electric cars, with car availability beginning in 2012.

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