Trade Resources Industry Views Renault Will Not Be Negatively Impacted by Better Place to File for Liquidation

Renault Will Not Be Negatively Impacted by Better Place to File for Liquidation

Renault Not Fazed by Better Place Liquidation Announcement

Renault has acknowledged the decision of electric vehicle network provider Better Place to file for liquidation, but says the move will not negatively impact its own electric vehicle strategy.

In a brief release, Renault said that while it acknowledges the decision of Better Place’s board of directors this week to file a motion in its home country of Israel asking for the dissolution of the company and the appointment of a temporary liquidator, the decision “does not at all call into question the electric vehicle strategy of the Renault-Nissan Alliance”.

“The Renault network in Israel and in Denmark will continue to provide after-sales servicing for Fluence ZE and these vehicles’ batteries,” the company says.

Renault says electric vehicles are a revolution in mobility and it will continue to explore all charging technologies, from quick drop to other alternatives, as the number of EVs it sells, including the Renault Zoe and Twizy, continues to grow.

Back in February, Better Place cut funding of its Australian division to focus on its core markets in Israel and Denmark after being named Holden’s preferred EV charging partner for the Holden Volt in July 2012.

Source: http://www.caradvice.com.au/233292/renault-not-fazed-by-better-place-liquidation-announcement/
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Renault Not Fazed by Better Place Liquidation Announcement