Royal Automobile Club of Victoria Invests in Better Place

Sensing the smell of future cash in the air, the Royal Automobile Club of Victoria (RACV) in the Australian state of Victoria announced a AU$2 million investment in electric vehicle service provider Better Place. RACV was joined by Lend Lease and ActewAGL.

This strategic investment in the Better Place project is a demonstration of RACV’s commitment to sustainable transport technologies, RACV general manager public policy Brian Negus was quoted as saying by GoAuto.

The investment will mat… (read more)