News Brief16:38 PM | Adar 26, 5768 / March 3, '08 | |
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Electric Car Project Attracts $200 Million (IsraelNN.com) The electric car project initiated by Shai Agassi raised $200 million last year, the largest investment in "cleantech" businesses in 2007. He recently met with French auto executives to advance the electric car under his Project Better Place venture. He has said that Israel is an ideal place to market the car because most drivers travel short distances and live in the same area. His proposal includes battery charging stations that would allow motorists "to fill up" with electricity when needed. ![]() Sign up to receive the Daily Israel Report by email (Free) © IsraelNN Syndications - This article may not be republished freely. Review what you can publish free of charge and what requires a syndication payment on the Syndications Page. News Briefs |
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