UPDATE 1-Renault to develop electric cars for Israel

Newswire

(Adds details on project, tax incentives, background) JERUSALEM, Jan 21 (Reuters) - Renault-Nissan on Monday 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 the cars, with a range of about 100 km in the city and upto 160 km on the highway, will accelerate from zero to 100 kph in 13 seconds and have a top speed of 110 kph. The cars, to be made in Europe, will run ...

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