Better Place, Inc. Files Chapter 15 Petition
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- Debtor Name: Better Place, Inc.
- Year Filed: 2013
- Jurisdiction: United States Bankruptcy Court / District of Delaware
- Asset Size: Less than 10,000,000
- Case Number: 13-11814
- Industry: Automobile/Auto Parts/Services, Chapter 15 Proceeding, Manufacturing
The Tel Aviv, Israel-based company, developed battery charging and battery switching services for electric cars.
The Debor blames the filing on heavy capital costs and lower than expected market penetration.