Monday, January 21

Israel plans electric car network

Now this is one reason why I like Israel, the innovation and the courage to invest in strong strategic ideas.

Read and wonder:

Israel will set out plans on Monday to cut drastically its dependence on oil imports, with a private-sector initiative for a nationwide electric car network.
The privately funded plan to build 500,000 recharging points and battery-swap stations for electric cars in the next 18 months has the backing of the government and president, Shimon Peres.
Renault and Nissan will develop an electric car with a range of more than 100 miles to be mass-produced from 2011.
Mr Peres told the Financial Times the plan would cut Israel’s oil imports by half within a few years, and Israel could cut the remainder by building solar energy generating plants. “In one decade, we will not need oil.”
Project Better Place has calculated that if Israel’s fleet of 2m cars were all electric, they would require 2,000MW of electricity per year, which could be provided by a one-off investment of $5bn in solar plants.

All this to be taken with a grain of piquant salt!!!

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