The electric car, the eternal expectation
Since our start in the battery world, VT has closely followed the evolution of the electric car in the automotive market. In 2012, we learned about "Better Place", the project of a venture capital fund to manage electric car batteries under a "battery sharing" model. At the time, the idea seemed to be the perfect solution to the battery charging problem. The model was that Better Place subscribers could enjoy (as users/subscribers and not as owners) charged batteries at any time, as long as they went to a battery replacement station. Of course these batteries would be charged with renewable energy, which made the project even more attractive and "subsidizable" if possible. But of course...