It is apparently quite a hassle to buy the remains of Better Place. The last potential buyer, EV Net Group, missed a payment deadline at the end of September, leading a judge to void the purchase. The buyers were supposed to pay NIS 1.8 million (US$505,000), which was 20 percent of the total purchase price and did, in fact, hand over a postdated check for that amount. But that wasn't good enough. According to Haaretz, attorneys Shaul Kotler and Sigal Rozen-Rechav said in court that, "All the buyer did was to produce an anonymous check, in foreign currency, from a foreign bank account, despite being clearly told the payments could not be made this way." Before the EV Net Group sale was stopped, Isreal's "Captain Sunshine," aka Yosef Abramowitz, also tried to buy Better Place. That didn't happen.

"Better Place is a great value and a great idea" - Gisli Gislason

These failed sales might turn off other potential buyers, but not our ambitious friend, the self-described "crazy Viking," Gisli Gislason. Gislason and his Northern Lights Energy company are doing more than selling Tesla Model S EVs sight-unseen in Iceland these days. They are also making a bid for Better Place. Gislason told AutoblogGreen that he has "always been interested in Better Place" and has been working on a deal there for over a year. "Everything has its time, the main thing is to stay alive," he said. "The story is that the Icelandic country is making a bid for Better Place. It is a great value and a great idea. Shai Agassi was a visionary."

Better Place has long focused on small country or island markets (Hawaii, Israel, Denmark), and that's why, despite the company's bankruptcy, a shift to Iceland would make sense given the original business plan. Plus, Gislason is already thinking about importing Better Place's leftover Renault Fluence EVs into Europe. We'll see whether any of this actually comes to pass. We tried to contact Better Place and the bankruptcy lawyers for a comment, but have not yet heard back.



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    • 1 Second Ago
  • 4 Comments
      • 6 Months Ago
      EV Net Group not paying what due is really not a surprise if you know its founder, Mr Tsahi (Tsachi) Merkur. Mr Merkur, owner of Success Parking, one of Israel's major parking operators, founded Success Charging in 2011. Success Charging went bankrupt in 2012: many employees never got their salaries, after Mr Merkur asked them to work and to wait for payments, as the start up was just having temporary financial issues. Also Success Charging never paid social security and IRS in many European Countries and also in the USA and Canada. Success Charging bankruptcy seems to be more of a fraud than the results of a newborn risky business. So beware of mr Merkur business attitude and beware of his new ventures such as Driivz (driivz.com) or EV Net Group Type your comment here
      Marcopolo
      • 6 Months Ago
      Sometimes you just have to wonder what it takes for a bad idea to die !
      bluepongo1
      • 6 Months Ago
      Since the Model S was recently introduced to Iceland, perhaps they realized that this concept was made obsolete by Tesla Motors. @ Marco Research & better concepts kill bad ideas.
      • 6 Months Ago
      This potential buyer that did not produce the correct funds or have the capacity to understand and/or care has exhibited the same behavior while Beginning a company, Success Charging and employing hundreds of people in the United States, Israel, Europe and Canada of which he did not pay. The morality of this human being, if one would be called that is absolutely morally ireputable. Having a strong team of business development employees on the ground putting in their time, effort, travels and own monies to produce leads and generate business while Mr. Tsahi Merkur has the audacity and the sociopathic morality to not compensate its employees. These employees were hard working professionals working at the hands of a fabulous concept and to be treated in such a way that deteriotes all trust in people is down right disgusting. The right choice could be made if he owns up to his mistakes. It is not all about money first off and foremost. Its people first, then money, then things. Its a shame that a group of people that were supposed to be employeed by Success Charging, Tsahi Merkur had trusted the company and what it represented. All the wrongs that this man has done will become one with him when he leasts expects it. I will make sure of it.