BREAKING NEWS

Better Place sales rise on leasing schemes

FEBRUARY 3, 2013 21:34

After a tumultuous year in which its founder was ousted by the board as CEO and his replacement stepped down after only three months, electric-car company Better Place is starting 2013 on a better note.

In January, the company sold 102 cars, a 136 percent increase over its average monthly sales for 2012 and a dramatic improvement over its dismal December sales of just five vehicles. The improved monthly sales, which represent 20% of the 518 total cars the company sold in Israel last year, are the result of a new leasing arrangement.

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