Better Place Delays Australian Rollout

It has not been a great year for electric vehicles or the companies promoting them. Project Better Place has had a particularly rough time of it, losing their CEO amid flagging sales and delayed projects. The latest bit of news from Better Place isn’t any, well, better, as partner Renault has put its rollout of the Fluence EV sedan on “indefinite hold” in Australia while Better Place gets its act together.

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Better Place Replaces CEO Shai Agassi

Tell me if you saw this one coming; after getting off to a slower-than-expected start, shareholders in Project Better Place have outed Shai Agassi as CEO of the electric car infrastructure company. While Agassi remains a major shareholder, his replacement does not bode well for the company’s future prospects.

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