Australia Joins Electric Car Movement

Dreyfuss, Joel
October 2008
Red Herring;10/23/2008, p8
Trade Publication
The article announces that Shai Agassi, founder of startup Better Place in Palo Alto, California, will bring his electric vehicle network to Australia. It states that the company has gained the support of the Macquarie Capital Group, which says it will raise $636 million to build the infrastructure needed to make it work. According to the article, Australia's size and the distance between its cities will test the concept that Agassi has advanced for larger markets in Western Europe and North America.


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