Better Place
Imagine living free from oil.Picture zero-emission electric cars running on a clean energy grid. Governments, auto makers, energy companies and Better Place work hand-in-hand to make this happen. The result: the people and the planet prosper together.
This is more than a vision. It’s something Better Place and its partners are already building.
In 2005 the President and Founder of the World Economic Forum posed the following question to a gathering of young, global leaders, “How do you make the world a better place by 2020?” This profound question inspired Shai Agassi, Founder and CEO of Better Place, to imagine a world without oil.
Agassi drew from his entrepreneurial experience and insights from world leaders to formulate a business plan that applies mobile phone industry economics and renewable energy to transportation.
Founded in October 2007 on $200 million of venture capital, Better Place, in its first six months, announced cooperative agreements with Israel and Denmark to transform their transportation infrastructure from oil-based to renewable energy and significantly reduce harmful emissions.
Better Place’s model means consumers subscribe to transportation as a service, much like they do today with mobile phones. Auto companies make the electric cars that plug in to the Better Place electric recharge network of charging stations and battery swap stations. Energy companies provide the network’s power through growing renewable energy projects. And Better Place provides the batteries to make owning an electric car affordable and convenient.
And with oil out of the picture, transportation is transformed into a sustainable service we can all subscribe to.
| Address: | 1070 Arastradero Road, Suite 220 Palo Alto, CA 94304 |
| Website: | www.betterplace.com |
| Phone: | 650-845-2800 |
| Fax: | 650-845-2850 |