Better Place Goes Down Under to Electrify Australia

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Fibb222, Oct 23, 2008.

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Better Place announced this afternoon that it is heading Down Under to deploy its electric car infrastructure in Australia. The Palo Alto, Calif.-based startup is working with Australian utility AGL Energy to build an electric car charging grid powered by renewable energy. Macquarie Capital Group will finance the AUD$1 billion ($671 million) undertaking. Starting in the heavily populated areas around Melbourne and Sydney, Better Place plans to have the infrastructure up and running by 2012, when its automotive partner Renault-Nissan will start selling electric cars all over the world.
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more: Better Place Goes Down Under to Electrify Australia - NYTimes.com

#1 Fibb222, Oct 23, 2008

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