PARIS: French car manufacturer Renault played down on Monday the effect of the bankruptcy of Israeli-US firm Better Place, a pioneer of rapid changeover of electric-car batteries.
Renault said that the collapse of Better Place, for which it had developed a battery-switching technology designed to make it easier for drivers to recharge their vehicles, did not in any way undermine Renault-Nissan’s strategy to develop in the market for cars powered by electric batteries.
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