Renault to develop electric cars for Israel project

Newswire

JERUSALEM, Jan 21 (Reuters) - Renault-Nissan said on Monday it signed a deal to begin mass producing electric cars as part of an Israeli-led project to develop alternative energy sources. Renault-Nissan Chief Executive Carlos Ghosn said electric vehicles will be available in Israel from 2011. "It will be the most environmentally friendly mass-produced car on the market," Ghosn said at a ceremony at Israeli Prime Minister Ehud Olmert's office. The initial $200 million investment in the ...

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