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israel corp electric car


Israel Corp to invest $100m in new electric car

Israel Corp plans to invest $100m in a new electric car. They will own 33 percent of the venture, which will have a total initial investment of $200m. The face on this deal is Shai Agassi, blogger, who also has had a little job (he says sarcastically) heading SAP, the world's largest business software company. He has had a few things to say about electric cars. Here are some quotes from a speech he made: "You have to know one thing. The total cost of ownership of an electric vehicle crossed under the total cost of ownership for a ... Read more →

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