Better Place

Palo Alto, Calif.

The audacious 19-month-old startup intends to create a new transportation network that supports electric vehicles. Founded by Shai Agassi, former president of SAP's (SAP) products and technology group Better Place has raised $400 million to build stations to recharge and quickly replace batteries. In essence, consumers would subscribe to transportation as a service.

YouNoodle on Better Place

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