Israel vows to go electric by 2011

Government OKs plan to develop fuel-free network

JERUSALEM. Israel’s government yesterday endorsed the ambitious plan of a private entrepreneur to install the world’s first electric car network here by 2011, with half a million recharging stations to crisscross the tiny nation.
Supporters hailed the undertaking as a bold step in the battle against global warming and energy dependency, but skeptics warn-ed that much could still go wrong along the way.

In a signing ceremony with the Renault-Nissan Alliance — under the slogan “Transportation without fuel, making peace between transportation and the environment” — Israel’s leaders pledged to provide tax incentives to customers to make Israel’s cars fuel-free.

The project is a joint venture between Renault-Nissan, which will provide the electric vehicles, and Silicon Valley-based startup Project Better Place, which will operate the recharging grid. The replacement and charging of the lithium-ion batteries is supposed to work like that of a cell phone battery.

“For the first time in history, all the conditions necessary for electric vehicles to be successfully mass-marketed will be brought together,” the companies said in a statement.

The initiative is the brainchild of Shai Agassi, a 39-year-old Israeli-American entrepreneur and high-tech star, who raised $200 million to get the project off the ground.

“Our planet’s battery got charged over hundreds of millions of years, and yet we have consumed half the world’s oil in one century. In the process, we got addicted to oil, polluted our cities and altered our planet’s climate,” Agassi said. “Finally, we are running out of our most precious commodity of all — we are running out of time.”

Less than a year ago, Agassi quit as a top executive at the German software giant SAP AG to pursue his green dreams. Along with his partner, Idan Ofer, he founded Project Better Place, aimed at helping reduce greenhouse emissions by building a network of charging stations for electric cars across Israel.

Agassi’s spokesman said his home country of Israel is the ideal laboratory to market his vision because of its high fuel prices (around $6.30 a gallon), dense population centers and supportive government.

In Israel, 90 percent of car owners drive less than 45 miles per day and all major urban centers are less than 100 miles apart, making the use of battery operated cars more feasible than in countries with longer average commutes.

Green cars are also particularly attractive to Israel, which hopes to weaken the political clout of its oil-rich enemies.

“Today is a new age with new dangers, and the greatest danger is that of oil,” President Shimon Peres said. “It is the greatest polluter of our age, and oil is the greatest financier of terror.”