Better Place receives going concern warning following huge losses
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Financial reports for 2012 posted by the Israel Corporation, which holds about one-third of Better Place shares, reveal that the electric car venture lost NIS 1.6 billion last year ($430 million).
In the last quarter of 2012, Better Place lost some NIS 850,000. For the first time since its establishment, the company received a going concern warning. (Shahar Haselkorn)
