>>Energy independence is a chimera, oil is fungible and the market is global.<<
Israel wants civilian nuclear power and electric cars...
Israel seeks civilian nuclear power
Mon, 03/05/2007 - 12:48pm
blog.foreignpolicy.com
Project Better Place
en.wikipedia.org
In January 2008, the Israeli government announced its support for a broad effort to promote the use of electric cars, embracing a joint venture between Project Better Place, Renault and its partner, Nissan Motor Company. Renault and Project Better Place are working on development of exchangeable batteries.[1][2]
Agassi has raised 200 million dollars for this project, one of the largest and fastest seed rounds in history. Investors include VantagePoint Venture Partners, Israel Corporation, Israel Cleantech Ventures, Morgan Stanley, and private investors led by Michael Granoff of Maniv Energy Capital.[3]
In April 2008, Deutsche Bank analysts reportedly concluded that the company's approach could be a "paradigm shift" that causes "massive disruption" to the auto industry, and which has "the potential to eliminate the gasoline engine altogether."[4] |
