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Tuesday, December 14, 2010

Better Place and Renault Delivering 115,000 Electric Cars in 2011

Electric automobile manufacturer Better Place has scored its latest coup: A deal with Renault to deliver 100,000+ electric cars to Danish and Israeli consumers.

On October 1, 2011, the largest electric car rollout in history--complete with charging stations and battery exchanges--will take place in the Middle East and Europe. Better Place and Renault, who have a long working relationship, will make 115,000 automobiles available to the public in Denmark and Israel. According to a presentation given to Deutsche Bank, the release will also include a joint partnership with General Electric.

Bringing automobiles to market has always been the weak point for all vendors of electric cars. Better Place announced earlier this month that their deal with Renault for the Israeli and Danish markets was finalized. Under the conditions of the agreement, Better Place has agreed to purchase 115,000 Renault Fluence Z.E. Electric sedans. The automobiles are manufactured in Bursa, Turkey and 660 preproduction units have already been unveiled. A separate electric compact model may also be placed on the Israeli and Danish markets. While traveling at or below the speed limit, the Renault Fluence is able to travel for approximately 110 miles before needing a charge.  read full story

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