Better Place expects to break even within 2 years

Newswire

* Expects demand to surpass supply in first year * Renault believes 1 in 10 cars will be electric by 2020 By Tova Cohen KIRYAT EKRON, Israel, March 23 (Reuters) - Electric car infrastructure venture Better Place expects to break even within 24 months of its launch in Israel and Denmark later this year, founder and Chief Executive Shai Agassi said on Wednesday. "We expect demand to most likely outstrip supply by a high factor in the first 12 months," Agassi told reporters as Better ...

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