Better Place is a venture-backed company based in Palo Alto, California that aims to reduce global dependency on petroleum through the creation of a market-based transportation infrastructure that supports electric vehicles.Better Place is building its first electric vehicle network in Israel, and among its partners has selected Denmark.and Hawaii as the other two test markets due to their small size.The electricity needed will be generated by renewable energy from solar arrays and wind farms.Denmark and Israel have enacted policies, which create Better Place plans to deploy the infrastructure on a country-by-country basis with initial deployments beginning in 2010 and commercial sales beginning in 2012. The company has said it is in talks with more than 25 additional regions around the world.Australia,Ontario,Oregon,and California also have announced deployment of Better Place electric car networks. The Company opened its first functional charging station in Israel the first week of December 2008 at Cinema City in Pi-Glilot, and additional stations in Tel Aviv, Haifa, Kfar Sava, Holon, and Jerusalem are being planned and installed.

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