Friday, May 16, 2008

Project Better Place Shows Off Electric Car

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.

Read the full story

No comments: