Electric Car Infrastructure Announced for California
California Governor Arnold Schwarzenegger, along with San Francisco Mayor Gavin Newsom, Oakland Mayor Ron Dellums, and San Jose Mayor Chuck Reed joined Better Place CEO Shai Agassi in announcing a plan for a sustainable transportation model for California.
Shai Agassi founded Better Place in October of 2007 with $200 million in venture capital. The vision of Better Place is to reduce global dependency on oil by creating a market-based transportation infrastructure that supports electric vehicles and renewable energy.
Within the first six months of its founding, Better Place forged cooperative agreements with business and government in Israel and Denmark, most recently announcing a deal to bring Better Place to Australia. And with today’s announcement the electric car infrastructure model is set to come to California, starting in the San Francisco Bay Area.
