Project Better Place is a high profile electric vehicle firm that is proposing an innovative recharging model for electric cars which would see motorists simply swap empty batteries for fully charged versions at roadside refueling stations.
Founded in 2007 by entrepreneur Shah Agassi, the company has major venture capital backing and is working on pilot schemes in Denmark, Israel, Ontario, California, Hawaii, Japan and Australia.
The company has also inked partnerships with the Renault-Nissan Alliance, which is expected to provide an electric version of the Renault Mégane to work with the recharging network.
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