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Better Place turning a profit

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Better Place turning a profit

I
Infolive TV International

15 Views • Mar 15, 2012

Description

Project Better Place founder Shai Agassi says of his electric vehicle
initiative that his company will turn profit; and he believes that to
be an asset. Agassi says this kind of model can work only if it's
profitable. A model which isn't profitable and only subsidized by the
government will fail. Better Place was founded four years ago. Since
then Better Place has raised considerable funds, they have even
surpassed 100,000 electrical kilometers in Israel with no fuel.