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Better place goes bankrupt

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The company partnered with Renault to create a network of charging stations and battery swaps in hopes of expanding the popularity of electric cars (VIDEO).
Better place goes bankrupt

Shai Agassi, founder and chief executive officer of electric vehicle services provider, Better Place, gets out of the world's first switchable-battery electric taxi in Tokyo on April 26, 2010. Better Place announced on Sunday that it had filed a motion in an Israeli court to wind up the company.

KAZUHIRO NOGI