Word: renault
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...Automaker Renault-Nissan will manufacture the cars and Better Place, a California start-up founded by former SAP executive Shai Agassi, will build the infrastructure, which may eventually consist of 500,000 charging points and up to 200 battery-exchange stations. A pilot involving a few dozen cars will start later this year in Tel Aviv. A few hundred vehicles are expected to be on the road by 2009, with production scaled to the mass market by 2011. On Jan. 13, Israel slashed the tax rate on cars powered by electricity to 10% in order to encourage consumers...
...lives in the United States, wrote as part of the World Economic Forum's Young Global Leaders forum. Peres was impressed and encouraged Agassi to pursue the project as a stand-alone business, helping to introduce the software-industry executive to auto executives, including Carlos Ghosn, CEO of Renault-Nissan. The Japanese-French auto alliance has separately said that it will manufacture a hybrid by 2010 and an all-electric...
...practice, that means consumers will buy cars from Renault-Nissan, then subscribe to a Better Place service that includes use of a battery and electricity from charging stations. The business model, Agassi says, is similar to how a mobile phone company sells airtime. Agassi figures that if he adds electrical outlets to at least 500,000 of Israel's three to four million parking spots, people will feel like they can charge their cars whenever they need to. Since most people seldom drive more than 100 miles at a time, wiring workplaces and public spaces like shopping malls should keep...
...while other sectors reduced their emissions by 9.5% on average over the same period. The group also believes some carmakers are making progress: Fiat has already met a target voluntarily adopted by the industry, to bring emissions down to 140g/km by 2008. Citroen and Europe's second largest carmaker, Renault, are on track to meet this target and Ford and Peugeot are not far off either...
...Western criticism. Germany's spokesman said the process was "neither free, fair nor democratic." The U.S. called for any irregularities to be investigated. But by waiting until election day to draw attention to scattered reports of ballot-stuffing or voter intimidation, the West came across a bit like Captain Renault in Casablanca: suddenly it was shocked--shocked!--to find electoral shenanigans in Russia...