Better Place
Company Details
- Company Name
- Better Place
- No. of Employees
- 280
- Revenue
- Initial venture funding of US $200 million
- Sector
- Transportation
- Country
- USA
Emissions Details
Emissions have not been verified
Climate Change Strategy Details
Accelerating the global transition to sustainable transportation is an overarching goal of Better Place. The company is building the infrastructure and intelligent network to enable mass adoption of electric vehicles (EVs), optimize the use of renewable sources of energy, and reduce greenhouse-gas emissions. Accordingly, climate-change mitigation is fundamental to what the company aims to achieve.
Mass adoption of EVs achieves an increase in the energy efficiency of our transportation system and a move beyond vehicles that burn oil, achieving major emission reductions. Electric motors are inherently more efficient per unit of energy than vehicles with internal-combustion engines. And shifting to electricity-powered transport creates new opportunities to use excess electricity that is currently wasted at off-peak times. More important, EV batteries serve as distributed storage to enable wind and other carbon-free forms of intermittent renewable energy to be added to electric grids as quickly as possible.
More Information
About Better Place
The Climate Group, which is working to accelerate the demonstration, deployment and global adoption of electric vehicles, believes Better Place is a prime example of an innovate solution that makes economic sense for consumers and business alike.
Further information can be found at the following websites:
http://www.betterplace.com/
http://www.betterplace.com/opportunity/environment/