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Why a Highly Promising Electric Car Start-Up Is Failing

2013-03-06 03:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: If you want to sell electric cars, Israel looks like a great place to start. Its a small country, with most people clustered around Tel Aviv and Jerusalem. Gasoline costs more than $7.50 a gallon, and oil revenues help support Israels Arab foes. So its easy to understand why Shai Agassi, an entrepreneur who was born in Israel and made a fortune in Silicon Valley, chose to launch his Better Place electric-car company in Israel, while preparing plans to expand in Europe, Australia, Japan, China,...

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Category:Electronics and Electrical

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