Australia became the third country — behind Israel and Denmark — to join a Silicon Valley company in creating the infrastructure needed for electric vehicles to catch on.
The company, Better Place, has raised $25 million in Australia so far, including an announcement from Victoria’s government last month that it is underwriting a five-year trial of the electric vehicle charging network and the Royal Automobile Club of Victoria kicking in $2 million.
Better Place Australia plans to launch its charging network in Canberra and southern New South Wales next year. The system will then scale up to a national roll out starting in 2012.
(Read More at Wired.com)
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