A Chery On Top for Better Place & China Tech News and Analysis

31 Мар 2014 | Author: | Комментарии к записи A Chery On Top for Better Place & China Tech News and Analysis отключены

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This weekend Place announced that it has a partnership with Chinese car Chery to collaborate on electric technology. The deal is light on but if expanded, could offer Place a way in to the world s most car market.

The key player in the global vehicle market is China — from Ford Chairman Ford to Warren Buffett and Gates. have repeated the — and for an electric vehicle infrastructure and player like Better the country could be a crucial This weekend Better announced that it has struck a with Chinese car maker to collaborate on electric vehicle

While the deal is light on Better Place says of the signed “memorandum of understanding” is Chery and Better Place develop electric vehicle with switchable-batteries and will to work with the Chinese on electric vehicle pilot The companies will also be off early stages of this with one of Chery’s Riich G5 at an upcoming car conference in Beijing. (To more from Better come to our Green:Net conference on 29 in San Francisco).

Better Place’s vehicle infrastructure and services is based around battery stations, where customers pay a subscription fee can swap out used for fully-charged ones. The idea is most of the time Better customers will be able to vehicles around town at stations but when they to take a longer trip, and not for charging, they can use a battery station. Better Place to sell electric vehicle like cell phone with subsidized vehicles and will pay for the service.

But part of making that a success is convincing car makers to vehicles that have batteries. That’s why if the partnership Chery turns into substantial (produces a real product) it could be significant. auto duo Renault-Nissan has so far been Place’s flagship car maker but most car makers in the U.S. been hesitant to partner the startup.

Of course Better Place alone in looking to tackle the EV market. Better Place Renault-Nissan has its own electric vehicle and infrastructure plan and already has a with Chinese city to develop electric vehicles and Under that pilot Nissan will roll out 25 vehicles in Wuhan starting in with the Nissan LEAF and the Wuhan government will 250 electric vehicle chargers, and two “quick chargers,” for installation in the

Chery Riich M1 EV Electric Cars

Auto companies, and startups are to get a slice of the Chinese electric market for several reasons. The car in China will soon be — an estimated $220 billion by according to McKinsey. The Chinese car is also new, dominated by time buyers, and unlike in the isn’t shaped by decades of gas-powered cars, so could be willing to buy hybrids and electric

Frost Sullivan estimates hybrid cars will be mass-market in China by 2011 or The Chinese government, meanwhile, has its weight behind electric aiming to make the country the leading producer of EVs and eventually electric buses .

Better has found some early in making deals with a of small, uniquely-suited, locations, Israel, Denmark and Hawaii. But deployments have just so who knows how the business model fare in the coming years the service is actually widely to customers. Better Place has not made much traction in sprawling markets, particularly in the and it remains to be seen if the model be able to gain traction China’s growing population of owners.

For more research on electric check out GigaOM Pro:


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