Electric car venture Better Place files to dissolve company

Newswire

JERUSALEM, May 26 (Reuters) - Electric car venture Better Place said on Sunday it had filed a motion in an Israeli court to dissolve the company and sought to appoint a temporary liquidator. The decision came after it failed to raise enough funds to cover operating costs, the company said in a statement. Better Place had developed an electric car model that combined local charging spots with battery swap stations to increase driving range, but has been plagued ...

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