Wall Street Backs Better Place

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Uploaded by on Jan 25, 2010

Wall Street is booming for one maker of vehicle battery charging stations, with investors placing hundreds of millions of dollars in venture capitol. Clean Skies News talks to Better Place about the future of the company and the electric vehicle.

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  • Shai Agassi is the founder and CEO, not a co-founder.

    Also, the reason why there is only one car manufacturer working with Better Place is because the other car manufacturers are afraid.

    Half of them did not even show up to meet Shai Agassi after he contacted them, and one of the manufacturers offered a discount in partnership if Shai goes for hybrids instead of pure electric. Just to make things more clear.

    I think this is an excellent idea and a very feasible move!

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