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Better Place Ready to Sell Electric Cars This Summer

The electric car company founded by Shai Agassi will start sales in the coming months.

By: David Shear
Published: April 26th, 2011 in Business » Israel
Renault Fluence ZE charging on Better Place electric chargerPic: NULL

Better Place, the California start up founded by Israeli Shai Agassi, will begin selling electric cars in Israel this summer.

The company has reportedly closed its visitor's center in Israel and will be converting it into a sales center, where they will be offering the Renault Fluence ZE, according to Yediot Ahronot.

Last month, Better Place introduced its battery replacement solution. Since then they have signed an agreement with the Dor Alon gas station chain to install these battery replacement points for their electric vehicles in their gas stations. These battery replacement stations, along with the thousands of charging stations being placed all over Israel, will make Israel the first fully electric networked country and a pilot for the rest of the world.

Israelis have to pay a premium on cars due to the 90% purchase tax on regular cars. As an incentive to go green, Israel has reduce the purchase price tax on electric cars to 10%, which will create significant savings.

Better Place has also signed agreement with the government of Ontario to develop an electric network through the province and create a model for the adoption of electric cars in Canada. Ontario, which is one of North America's largest car producing regions, seeks to transition its auto manufacturing sector for future growth from electric vehicles production while reducing greenhouse gas emissions.

Related articles: Better Place, Shai Agassi, Electric Cars, Renault Fluence ZE,
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