According to the Israeli press, well publicised financial failure; Better Place, has been re-born as DRiiVZ – Better Place”.

New owner of the company Tzachi Merkur, is attempting to revive the electric car venture in Israel and has signed a contract with fellow Israeli logistics company DRiiVZ, who will be responsible for managing the charging systems, servicing and billing.

Better Place also plans to sell its unsold Renault Electric cars – prior to Merkur’s acquisition of Better Place, the company purchased 350 vehicles from Renault that it did not manage to clear through customs before going bankrupt.

Tzachi Merkur owns various real estate investments and parking facilities and is expected to install DRiiVZ – Better Place charge points at some of the sites he owns.

See original article (in Hebrew) here: Better Place changes its name to DRiiVZ – Better Place

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