JERUSALEM — Israel, tiny and bereft of oil, has decided to embrace the electric car. On Monday, the Israeli government will announce its support for a broad effort to promote the use of electric cars, embracing a joint venture between an American-Israeli entrepreneur and Renault and its partner, Nissan Motor Company. Prime Minister Ehud Olmert, with the active support of President Shimon Peres, intends to make Israel a laboratory to test the practicality of an environmentally clean electric car. The state will offer tax incentives to purchasers, and the new company, with a $200 million investment to start, will begin construction of facilities to recharge the cars and replace empty batteries quickly. The idea, said Shai Agassi, 39, the software entrepreneur behind the new company, is to sell electric car transportation on the model of the cellphone. Purchasers get subsidized hardware – the car – and pay a monthly fee for expected mileage, like minutes on a cellphone plan, eliminating concerns about the fluctuating price of gasoline. Mr. Agassi and his investors are convinced that the cost of running such a car will be significantly cheaper than a model using gasoline (currently $6.28 a gallon here.) […]
Tuesday, January 22nd, 2008
Israel Is Set to Promote the Use of Electric Cars
Author: STEVEN ERLANGER
Source: The New York Times
Publication Date: 21-Jan-08
Link: Israel Is Set to Promote the Use of Electric Cars
Source: The New York Times
Publication Date: 21-Jan-08
Link: Israel Is Set to Promote the Use of Electric Cars
Stephan: Iceland is going to hydrogen based on thermal energy, Brazil is going to ethanol based on sugar cane. Now Israel is moving towards electric. We, meanwhile, have petroleum and auto industry special interests which have resisted even raising the mpg standard.