Tuesday, November 25, 2008

Coolest Company In The World

This week, Better Place cut a $1bn dollar deal to bring electric car charging stations to the San Francisco area. Better Place is without question, the most ambitious startup to ever come out of Israel and perhaps the company that has the best chance of restructuring the automobile industry in the next 5 years.Better Place will replace fossil fuel burning cars with electricity consuming cars using a series of battery swapping stations around a given metropolitan area. Nissan is the first company to build the cars. Israel became the first country to commit to building the infrastructure and now Denmark and San Francisco are joining them.