02 Oct '12, 4pm

Shai Agassi Out As CEO Of Better Place Electric-Car Service

Shai Agassi Out As CEO Of Better Place Electric-Car Service

Shai Agassi really was Mr. Better Place. His departure as CEO indicates that the whole initiative is unravelling at the seams. Always sad to see another EV initiative fail, but this one I wasn't to keen on from the start. It's just not a good idea to commit to such a specific concept at this early stage of EV development. I feel fast charging rather than battery switching is the future, but Better place would have been about as keen on the sort of battery breakthroughs needed for that as the oil industry currently is. It's amazing though how the Israeli's won't have any of it despite their economic/political situation.

Full article: http://www.greencarreports.com/news/1079554_shai-agassi-r...

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