Toyota And Renault To Aide Isreal in Becoming Independent of Oil

Executives from Renault and Toyota have been speaking to officials from Israel and Jordan in an attempt to launch a joint venture for a factory specializing in environmentally-friendly electric cars. According to the plan, the location of this factory would be near the border between Israel and Jordan, in an area called Peace Valley.

Direct discussions between Israel and Jordan were held a week and-a-half ago, at the World Economic Forum on the Middle East, according to the report. Also according to the report, Israel’s Vice Premier Shimon Peres promised tax incentives and government grants to car manufacturers willing to take part in the project.

One of the leading figures in this joint project is Shai Agassi, former chief technology officer of the software giant SAP AG. After quitting SAP earlier this year, Agassi claimed he wishes to concentrate on “green” issues. According to Agassi, Israel should attempt to be independent of oil within 10 years. An electric car industry would be an indispensable step towards achieving such a goal.


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Designer1 - 6/1/2007 4:56:21 PM

+2 Boost

A beautiful plan that can bring peaceful cooperation in the middle east, things like these might help our politicians.

Agent009 - 6/1/2007 5:05:15 PM

+1 Boost

Becoming Oil Free? Hmm a pretty lofty goal.

BMWRocks - 6/1/2007 5:23:54 PM

+1 Boost

They have at each others throat for thousands of years. What makes this idea so special. I doubt it will be anything then a political show.

RaceSpec - 6/1/2007 10:04:08 PM

+1 Boost

Obviously there is loads of controversy between nations in the middle east but looking at the big picture, this is a very exciting plan. To big manufacturers Teaming up to build an electric vehicle. Im sure this venture will bring out new technology not just for Israel.

EnnNorak - 6/1/2007 11:11:02 PM

+1 Boost

Something does not add up here. How will all that extra electricity be generated?Canada should take advantage of this opportunity to sell a nuclear power plant.

theman - 6/3/2007 5:29:33 PM

+1 Boost

I think Isreal should stick to the plan of slaughtering/killing every palestinian first, and then they can move on to electric cars, conquering the world or whatever else is on their agenda..

Bighead255 - 6/3/2007 7:32:19 PM

+1 Boost

theman - lmao we are not even going there wink wink

Blustur - 6/8/2007 6:53:45 PM

+1 Boost

theman

Thank you for your truly constructive and astute and especially dumb arse comment. Grab a microscope, look at a map and try to find the country who's according to you trying to "conquer the world or whatever is on their agends". Constructive things like developing an electric car, living in peace, and dodging suicide bombers IS on their agenda.