Better Place, a company seeking to implement an electric vehicle (EV) infrastructure around the globe. Together with AGL Energy and Macquarie Capital Group, Better Place announced today the deployment of an Australian electric vehicle (EV) network powered by renewable energy. As the world’s sixth largest country, Australia was selected to show that the Better Place model works in any country, regardless of size. If Australia can do it, so can others. AGL will provide all of the renewable energy—from wind and other sources—needed to power the electric vehicles and work with Better Place to optimize the network. Macquarie will provide financial advice to help raise AUD $1 billion for the initial network build.
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