Summary:

Four years after Better Place CEO Shai Agassi announced the startup would build out its first electric vehicle charging network in Israel, this past weekend, Better Place delivered its first 10 cars in Israel to employees at businesses.

Better Place Israel

Updated: Four years after Better Place CEO Shai Agassi announced the startup would build out its first electric vehicle charging network in Israel, this past weekend, Better Place delivered its first 10 cars in Israel to employees at businesses. The company is initially targeting fleet sales to companies, and at one point, Better Place said it had 92 companies, including Motorola and Computer Associates, on board with a target to deliver 45,000 fleet vehicles.

Update: Better Place sent me the latest numbers for its corporate customers which is 250 companies and a planned 80,000 cars. The company also drove 70 cars in its first weekend drive and delivered 100 cars to customers.

On Better Place’s Facebook page, Agassi said:

Four years ago, we promised the president of Israel, Mr. Shimon Peres, that by today we will have serially produced electric cars that would drive in the streets of Israel. It seemed like an impossible dream. Today we delivered those cars to people who will be driving electric cars daily as their only vehicle. We had to move mountains to get to this day, and we did. Yet we have many more mountains to move.

Here are some of the photos from the event, courtesy of Better Place’s Facebook page:

 

Better Place’s vision is to sell electric car miles like cellphone minutes, accompanied by a network of chargers and battery swap stations. The company has a partnership with Renault-Nissan and the cars in the Israeli Better Place network are the Fluenz Z.E.

Late last year, Better Place closed yet another round of $200 million in funding that supposedly brought the company’s valuation to $2.25 billion. The Silicon Valley startup has raised more than $750 million, and included new investors GE and UBS in that round.

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