Electric vehicle network firm Better Place announced it had signed an agreement with an HSBC-led investor consortium for new equity financing of $350m (£217m), valuing the firm at $1


Monday 25th January 2010

Electric vehicle network firm Better Place announced it had signed an agreement with an HSBC-led investor consortium for new equity financing of $350m (£217m), valuing the firm at $1.25bn. Better Place, led by former software entrepreneur Shai Agassi, hoped to be the leading infrastructure provider for the world’s growing fleet of electric cars.


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