Company Rents Out Batteries to Encourage EV Sales Worldwide-

Better Place is an innovative company with a goal to establish an infrastructure for electric vehicles around the globe. The concept behind Better Place is to rent EV batteries out so that they can be swapped out at a later time. According to the company, these swapping stations would afford longer trips for battery powered cars – roughly 100 miles or so – by allowing drivers to pull in to one of their facilities and swap out a depleted battery for a newly charged one. The initiative is already being tested in countries such as Israel, Denmark, Australia, and Hawaii, while other areas are still evaluating the benefits.