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.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details