- Bond Prices Rise on Weakness in Employment
- FCC Agrees to Approve Sirius Pruchase of XM: Report
- Union Pacific Profit Rises, Beats Estimates
- Bristol Profit Beats Forecasts, Helped by Plavix
- Jobless Benefit Claims Rise above 400,000
- 3M Profit Up 3%, Tops Estimates
- Lilly Profit Rises, But Company Cuts 2008 Forecast
- Ford Loses $8.7 Billion; Moving to Smaller Cars
- Is Water the Oil of the 21st Century?
- Video: DON'T Sell Stocks Now!
- Sectors Flip Flop like Politicians
- Options Action: Moving on BJ's, Wells Fargo, Coal
- Sycamore Hill Part 2: Death And Rememberance
- Web Extra: Your First Move For Thursday
- Mad Mail: Buy a House – Now
- Lightning Round OT: Las Vegas Sands, CapitalSource and More
- Lightning Round: FuelCell, Microsoft, eBay and More
- Fast & Furious Trades: Microsoft, Lilly, Dow...
![]() |
A Better Place, run by Israelis Shai Agassi and Idan Ofer have funded and are testing an electric car.
Yeah yeah yeah, we know you think electric car, you think pick-up like a golf cart. Think again.
Using a Renault's body, A Better Place has come up with a way to put a battery in a car, and to really make it run, fast. The car goes from zero to 60 in eight seconds. Not bad.
Ofer and Agassi are hoping to market and sell the car first in Israel because the government seems willing and ready to help with the infrastructure. And that's what A Better Place really is — an infrastructure company, not a car company.
The partners are trying to get gas stations throughout the country to put battery charging stations on their property, making driving a battery-operated car realistic.
Dafna Berezovski is A Better Place's Sales and Marketing Manager. She says the idea is to sell cars like cellphones are sold, with specific and differing service packages.
While A Better Place's executives admit selling electric cars in the United States may be difficult, they are working on markets they believe will be more open to it. They're also holding meetings with European governments in a bid to open roads there.





