Better Place Winding Down Investment In Australian EV Charging Network

Australia's electric vehicle movement was struck a blow this week with news that charging infrastructure company Better Place will wind down its Australian operations. 

The news follows an announcement in December that the arrival of Renault's electric Fluence ZE, expected to launch in partnership with Better Place, has been postponed. 

In a statement today, Better Place confirmed it will continue to honour its existing commitments in Australia, but will limit future investment until circumstances improve.