The owner of patents from a defunct Israeli start-up once seen as a pioneer in the development of electric vehicle infrastructure has accused Chinese carmaker Nio of infringing its intellectual property and demanded $250mn.
Charge Peak, a British Virgin Islands-registered entity controlled by Canadian businessman Larry Krauss, on Tuesday issued a cease-and-desist letter over three European patents covering battery-swap technology that it acquired after the collapse of EV group Better Place in 2013.
Better Place, set up in 2007, was an Israeli company that sought to revolutionise the car industry and reduce reliance on fossil fuels by developing networks of charging and battery-swapping stations.
您已阅读24%（702字），剩余76%（2247字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。