Monday, February 2, 2009

The Electric Car Infrastructure

California start-up Better Place and Danish utility Dong Energy said Tuesday they have lined up financing to bring an electric car charging network to Denmark by 2011. The two organizations have secured almost $103 million in equity and convertible debt that will go toward constructing stations where drivers can swap in fresh batteries for electric cars. Denmark appears to be the first to secure financing to build the charging infrastructure.

Source

Better Place

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