Better Place's Bankruptcy does not affect the growth of the electric car market
 
 

Charging points are a key element in the development of electric vehicles. Carmakers are working on several charging possibilities. Collectively known as "charging systems", it consists of three main options:

Charging points: involving rapid recharging terminals, semi-fast or normal charging terminals

Wireless  charging, which consists in recharging batteries without direct contact.

And, a battery exchange system, which consists in immediately replacing discharged batteries by previously charged ones.


The last-mentioned system is strongly questioned since the Better Place company has been declared bankrupt after a search for funding and very disappointing business prospects.


In total, less than 1,300 customers have chosen to purchase "Better Place" electric cars while the company was expecting 100,000 customers a year.


Better Place's Bankruptcy does not however undermine the growing market for electric vehicles as there are other charging systems. Thus, the Infiniti luxury brand should being marketing in 2014 a vehicle designed for wireless charging, derived from a concept introduced in 2012 (based on the Nissan Leaf) at the Paris Motor Show in Paris.

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Data source: File #55 - Registrations in the World by makes 

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