Another Electric-Car Startup Bites the Dust
Electric-car start-up Better Place declared bankruptcy this week, joining a pile of broken EV dream companies that includes Fisker Automotive, among many others.
Better Place's plan was to build out the electric-car infrastructure with a network of battery-swapping stations. It had big money and big-name partners, including French auto giant Renault, but it never quite got off the ground.
In this video, Fool contributor John Rosevear looks at why Better Place and other EV pioneers have failed -- and at why Tesla Motors has been the one shining exception to the trend.
Tesla's plan to disrupt the global auto business has yielded spectacular results. But giant competitors are already moving to disrupt Tesla. Will the company be able to fend them off? The Motley Fool answers this question and more in our most in-depth Tesla research available. Get instant access by clicking here now.
The article Another Electric-Car Startup Bites the Dust originally appeared on Fool.com.Fool contributor John Rosevear has no position in any stocks mentioned. Follow him on Twitter at @jrosevear. The Motley Fool recommends and owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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