Solar pioneer "Captain Sunshine," aka Yosef Abramowitz, has failed in his bid to take over bankrupt company Better Place, which specializes in electric vehicle charging and battery swaps. Abramowitz, who built Israel's first commercial solar field about two years ago, failed to make a monthly payment of $1 million on August 25 to Better Place's liquidator.
With a fresh, kid-friendly look on the official website (see above), there appears to be new life in Better Place. The Israeli electric vehicle charging and battery swap station company was approved for sale to Sunrise for almost $5 million. In May, Better Place announced bankruptcy proceedings.
The man known to some in Israel as "Captain Sunshine" may bring bankrupt battery-swapping firm Better Place out of the dark by potentially buying the company's assets, the Jerusalem Post reports.