Electrical cars project to be built in Sha'ar Hayarden

Shai Agasi, Stef Wertheimer plan to launch pilot project in Israel. Asian car manufacturers Nissan, Toyota to join venture
Golan Hazani

Shai Agasi, former co-president of SAP, has started work on his and Stef Wertheimer's electrical cars pilot project, Yedioth Ahronot published Thursday.

 

Agasi plans to build a factory in the Sha'ar Hayarden industrial area and presented his plans to prominent figures in the financial community, as well as to the Finance Ministry's Accountant-General, Yaron Zalicha.

 

Joining the electrical car venture will be Asian car manufacturers Nissan and Toyota.

 

Agasi plans to market the cars – which presumably would be able to go from 0-62 miles in four seconds – as leasing companies do: the customer would pay a reduced monthly fee for the car, but would not actually own it.

 

Charging stations – similar to gas stations – would be built across the country, where drivers would be able to charge their cars.