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Press Release

Better Place, GE and Renault pave the way to mass electrification

June 30, 2011

MELBOURNE (Friday 1 July 2011): Better Place, GE and Renault Australia today joined together at the Australian International Motor Show (AIMS) with a series of announcements that demonstrate a strategic move to make electric cars a mass market reality for all Australians and help address the nation's sustainable transport challenge.

Today, GE announced its intention to purchase at least 1000 electric vehicles in Australia by 2015, as part of its global commitment in November 2010 to purchase 25,000 electric vehicles worldwide.

Ben Waters, Director of ecomagination GE Australia & New Zealand, said electric vehicles and distributed energy represented two key platforms of the ecomagination strategy in Australia which together offered a sustainable low-carbon solution for transportation mix in the country.

Ben Waters at Better Place/Renault announcement

"GE is a strong supporter of electric vehicles. In November 2010, we committed to purchasing 25,000 electric vehicles globally by 2015, the largest-ever single electric vehicle commitment. In Australia, this means we will buy at least 1000 electric vehicles by that time.

"We make technology that touches every point of the electric vehicle infrastructure, and we are embracing the transformation with partners like Better Place, with whom we have signed a local Memorandum of Understanding in extension of the global partnership announced last year. Together Better Place and GE aim to move electric vehicles from anticipation to action. We look forward to being an early adopter of electric vehicles in this country", Mr Waters said.

At the same time, Justin Hocevar, Managing Director of Renault Australia, unveiled the first Fluence Z.E. ever to be seen in Australia. The Fluence Z.E. is the world's first electric car with unlimited range due to innovative battery switching technology.

"Renault Australia is proud to be able to reveal the Fluence Z.E. sedan at AIMS today. This is a major milestone for Renault in Australia, as well as for the future of motoring here. Our parent company, Renault S.A., has been working closely with Better Place for some time to make battery switch technology a reality in order that we may provide unlimited driving possibilities with zero emissions. The combination of the five-seat, family-friendly Renault Fluence Z.E. and the Better Place charge spot network and battery switch stations brings electric motoring within the reach of a large proportion of the Australian driving public, and at an affordable price," said Justin Hocevar, Managing Director of Renault Australia.

"Today's statement from GE and the unveiling of the Fluence Z.E. are the culmination of a range of announcements over the past few weeks that clearly show that the transition to mass-market electric cars is beginning in Australia", said Mr Evan Thornley, CEO of Better Place Australia.

"Better Place has announced a national rollout of our charge network, powered by 100% renewable energy. Two weeks ago Renault announced it would bring the Fluence Z.E., the first electric car with unlimited range, to Australia. Earlier this week GE announced it was joining EV Engineering Limited, a project designed to advance Australian electric car engineering and including leading partners such as Air International, Bosch, Continental and Futuris. Now GE is announcing it will purchase at least 1000 electric cars in Australia by 2015. It is clear that the transition to electric vehicles in Australia has momentum, and it is accelerating.

"Zero-emissions electric cars are now a real choice for Australians as we begin the mass transition from petrol to electric, with appealing cars and a comprehensive charge network that delivers convenience and affordability to customers that is equal to or better than petrol.

"The economic fundamentals make the move to electric inevitable. As petrol prices continue to rise over time and battery prices continue to fall, this compelling logic will accelerate the transition to zero-emissions electric cars on Australian roads.

"The transition begins with Better Place's national charge network rollout which starts from Canberra later this year. From the middle of 2012 the first mass market cars with unlimited range, the Renault Fluence Z.E., arrive on our shores. A progressive national infrastructure rollout will give Australia the largest electric car charging network anywhere in the world by the end of 2013.

"We are excited to be partnering with GE and Renault, two companies who are leading the world in their commitment to zero emissions driving. Together, Better Place, GE and Renault will make electric vehicles a driving force in this country.

"The local teams at Better Place, GE and Renault are working together to push Australia to the front of the global transition to electric mobility. Australia is the single most exciting prospect for the profound transformation of sustainable transport and we are delighted to be leading the charge", Evan Thornley said.

For further information contact:

Better Place
Felicity Glennie-Holmes
0412 673 038

Joanne Woo
0409 330 731

Renault Australia
Emily Ambrosy
0418 136 346

About Better Place

Better Place is the electric car network that makes driving more affordable, convenient and sustainable through a revolutionary switchable battery model. Better Place is building the infrastructure and intelligent network to deliver a range of services to drivers, enable widespread adoption of electric vehicles, and optimise energy use. The Better Place network addresses historical limitations to adoption by providing unlimited driving range in a convenient and accessible manner. The company works with all parts of the transportation ecosystem, including automakers, battery suppliers, energy companies, and the public sector, to create a compelling solution. Based in California and privately held, Better Place has operating companies in Israel, Denmark, and Australia. More information is available at

About GE

GE (NYSE: GE) is an advanced technology, services and finance company taking on the world's toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's web site at

About Renault Fluence Z.E.

The first electric vehicle to be launched by Renault Australia will be the Fluence Z.E. (Zero Emission) sedan. Electric vehicles represent an affordable, clean-break solution that emits neither CO2 nor harmful particulates when driven. As a global leader in electric vehicle technology, Renault will be one of the first manufacturers to bring this new era of motoring to life in Australia. Renault will be the first to offer Australian fleet and family car buyers a practical, reliable and viable all-electric option when the Fluence Z.E. five-seater sedan goes on sale here next year.

Joanne Woo
Corporate Communications Director, Australia & New Zealand
[email protected]
+61 409 330 731

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