Billion-Dollar Project Better Place Bought For $450,000

Just two years ago, Shai Agassi’s innovative battery-swapping electric automaker/infrastructure builder Project Better Place was valued at around $2 billion.

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Project Better Place Saved! 15 Charging Stations to Stay Online

Saved! Israeli businessman Yosef Abramowitz (owner of Arava Power, a solar energy provider in the region) seems set to buy Project Better Place’s Israeli assets and bring them under his Sunrise SL corporate umbrella.

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Tesla Motors To Demonstrate Battery Swapping Tomorrow

Elon Musk has hinted at battery swapping on future Tesla electric vehicles, but a tweet yesterday confirmed what many Tesla fans expected; battery swapping is coming, and soon. In fact, Musk promised to demonstrate battery swapping technology at a press conference tomorrow, but this news leaves us with as many questions as answers.

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