Better Place
Better Place was a company founded in 2007 that aimed to promote electric vehicles (EVs) by creating a network of battery swapping stations. The idea was to allow drivers to exchange depleted batteries for fully charged ones, making EVs more convenient and reducing range anxiety.
The company raised significant funding and launched pilot programs in countries like Israel and Denmark. However, despite initial enthusiasm, Better Place faced challenges such as high operational costs and limited consumer adoption, leading to its bankruptcy in 2013. The concept of battery swapping continues to influence discussions about EV infrastructure.