Tuesday, October 11, 2011

Dong slams the box in the Danish electric car adventure

Google translate sure knows how write a headline.

Seems the deal between Better Place and its Danish partner Dong Energy has gone south. BP Denmark has gone through the initial investment of 400 million kroner, and Dong denies an obligation to loan more.

"There are eroded cooperation between DONG Energy and Better Place Group," according to the story in epn.dk

Regarding additional funding of Better Place Denmark, "it  is our choice. Not a promise, "says Torben V. Holm, Project Manager at Dong Energy. 

[Source: epn.dk]