Written by Irina Haltsonen for GigaOm
The Silicon Valley electric car startup Project Better Place showed off a prototype for its electric vehicle in Israel this weekend, and said partner Renault-Nissan (Renault is building the cars while Nissan, via an agreement with NEC Corp., is supplying the swappable batteries) would likely spend between $500 million and $1 billion into building them. We contacted Project Better Place and are waiting to hear more on the partners’ investment.
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