Better Place Sold To Abramowitz's Sunrise Group For $12Million
Arthur Lozinski stashed this in Startups
Stashed in: Ecology!
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It sure don't look like a Better Place:
Since its start in 2007, Better Place lost $823 million and only sold 950 electric vehicles. It will live on a bit now that it has been bought by Sunrise Group.
They're keeping 50 employees.