Better Place aims to reduce oil dependency and greenhouse gas emissions by providing a convenient and sustainable alternative for mobility. With initial funding of $200 million, the company started in Israel and plans to expand to Denmark, Australia, California, Hawaii, and Ontario, Canada. Better Place buys batteries and clean electricity to sell miles/kilometers to drivers. In 2013, the company filed for bankruptcy but was later acquired by Sunrise for $12 million. Better Place operates in North America, Japan, Australia, China, Denmark, and Israel, providing electric car drivers with access to charge spots, battery switch stations, and systems that optimize the driving experience.