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Reuters TEL AVIV Israel 5/11/2008
1 of 301
Shai Agassi (L), the founder and chief executive of California-based Project Better Place, speaks to the media beside an electric car prototype in Tel Aviv May 11, 2008. The head of an Israeli-backed electric car project estimated on Sunday that its partner, the Renault-Nissan alliance, would likely invest $500 million to $1 billion in the swappable-battery electric cars. Renault and Nissan signed a deal with Better Place in January to begin mass producing electric cars as a part of a project to develop alternative energy sources and slash oil dependency. REUTERS/Gil Cohen Magen (ISRAEL)
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