Better Place's plan for electric cars with swappable batteries is coming to an end. Despite a change in leadership and a streamlining effort over the past six months, the Israeli EV maker has filed a court motion for liquidation, citing insufficient cash to continue operations and a failure to raise the necessary funds. According to Israel Corporation, the firm's controlling shareholder, other investors willing to pitch in the vast amount of money needed couldn't be found. With approximately $812 million lost in operations and deploying battery exchange stations since 2007, and $454 million of that within 2012 alone, it's estimated that just recouping those loses would take $500 million and four years.
"Unfortunately, after a year's commercial operation, it was clear to us that despite many satisfied customers, the wider public take up would not be sufficient and that the support from the car producers was not forthcoming," said Better Place CEO Dan Cohen. Sure, it might be curtains for the company, but the existing battery network looks like it might live on, as the liquidator is being asked to "maintain the functioning of the network."
[Thanks, Michael]
Filed under: Transportation
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Via: Globes
Source: Better Place
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Latest images:
 SOHO LASCO C2 |  SOHO LASCO C3 |  STEREO A COR2 |  STEREO B COR2 |
 SOHO EIT 304 |  Particle-Wind Density |  Particle-Wind Speed |  Particle-Wind Pressure |
ZetaTalk from Dec, 26. 2011:
Comment by Nancy Lieder@Howard, here's the new ZT promised:
SOZT
We have explained the twisting and deforming Earth magnetosphere as either
1. an end-to-end alignment
http://www.zetatalk.com/index/zeta536.htm
so that the Earth’s S Pole seems to be missing altogether, only the blue outbound lines apparent in a compressed magnetosphere, or
2. the Earth’s magnetosphere subsumed
http://www.zetatalk.com/index/zeta542.htm
into the magnetosphere of Planet X so that the outbound magnetons from Earth go directly to Planet X, and those returning to the Earth’s S Pole come directly from Planet X.
The image in question, dated Christmas day December 25, 2011, is a version of the compressed magnetosphere, but under pressure from a Planet X that is coming ever closer. This is the reason for the increased violence of the wobble, as the PUSH away of the Earth’s N Pole is stronger. This is the reason for the Sun appearing so far to the south at this time, as the Earth is leaning its N Pole away from the N Pole of Planet X. A quick and violent lean into opposition could also occur, due to this increased pressure.
EOZT
Prior ZT: http://www.zetatalk.com/index/zeta542.htm
What would explain the magnetic twist, where Earth's field appears to be heading in the wrong direction entirely? Some magnetons from the N Pole of Planet X, which has a wide field, drift to the S Pole of Earth rather than travel on to the S Pole of Planet X.
Prior ZT: http://www.zetatalk.com/index/zeta536.htm
What would cause the Earth's magnetosphere to temporarily show only an outbound stream (blue lines), bypassing the Earth's S Pole? It is as though the magnetons are diverted away from returning to the Earth's S Pole, and this is what is occurring. When the N Pole of Planet X temporarily pointed its N Pole at Earth, forcing an end-to-end alignment of their magnetospheres.
Please post Planet X related captures here: http://poleshift.ning.com/profiles/blogs/please-place-your-planet-x
The original posting is missing because the former author left this Ning and chose to delete all content.
All comments since Jan 2012 until April, 06 2012 have been restored.
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Due to the expectation of increased "Signs in the sky",
this post was created to collect videos and photos of Planet X and other related effects for better organization.
Please save your images and videos here, that other members can help with further analysis.
Please place SOHO & STEREO and Magnetosphere images on Lothar's post
Comment by stephan grumbach on May 5, 2011 at 10:03am
Easy Lens Flare Testing
1.) Make an image with your camera and identify supposed objects
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2.) Start to move your finger from the sun side over the sun in front of your camera,
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3.) until your finger covers the sun, if the dot disappears it is a flare if not it is an object.  |
4.) Move your finger from the flare/object side to the sun if the dot appears in front of your finger it is a flare
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Easy Reflection Testing
Beware of the Glare
More Video captures: http://poleshift.ning.com/video/video/listFeatured
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