Renault-Nissan and Project Better
Place Prepare for First Mass Marketed Electric Vehicles
Jan 21, 2008 - /PRNewswire-FirstCall/
In a significant move towards reducing CO2 car emissions
as well as particles pollution, the Renault-Nissan
Alliance and Project Better Place engage in a breakthrough
with electric vehicles in Israel.
The solution framework comes in response to the
Israeli State's challenge to the auto industry and
its supply chain to migrate the country's transportation
infrastructure to renewable sources of energy.
For the first time in history, all the conditions
necessary for electric vehicles to be successfully
mass-marketed will be brought together in a partnership
between the Renault-Nissan Alliance and Project Better
Place in Israel. The Israeli government would provide
tax incentives to customers, Renault would supply
the electric vehicles, and Project Better Place would
construct and operate an Electric Recharge Grid across
the entire country. Electric vehicles will be available
for customers in 2011.
-- 100% electric vehicles: Renault's vehicles will
run on pure electricity for all functions. The objective
of zero emissions will be achieved, while at the same
time offering driving performances similar to a 1.6
liter gasoline engine. Renault's electric vehicles
will be equipped with lithium-ion batteries, ensuring
greater driving range and longevity.
-- Innovative business model: For the first time
in the electric vehicle business, ownership of the
car is separated from the requirement to own a battery.
Consumers will buy and own their car and subscribe
to energy, including the use of the battery, on a
basis of kilometers driven. This model is similar
to the way mobile phones are sold, with an initial
purchase and a monthly subscription for the mobility
-- Competitive cost of ownership: The Israeli government
recently extended a tax incentive on the purchase
of any zero-emissions vehicle until 2019, making them
more affordable. Combined with the lower cost of electricity
as opposed to fuel-based energy, and the vehicle's
lifetime guarantee, the total cost of ownership for
the customer will be significantly lower than that
of a fuel-based car over the life cycle of the vehicle.
-- Electric Recharge Grid infrastructure: California-based
Project Better Place plans to deploy a massive network
of battery charging spots. Driving range will no longer
be an obstacle, because customers will be able to
plug their cars into charging units in any of the
500,000 charging spots in Israel. An on-board computer
system will indicate to the driver the remaining power
supply and the nearest charging spot. Nissan, through
its joint venture with NEC, has created a battery
pack that meets the requirements of the electric vehicle
and will mass- produce it. Renault is working on development
of exchangeable batteries for continuous mobility.
The entire framework will go through a series of tests
starting this year.
-- Perfect first mass market: In Israel, where 90%
of car owners drive less than 70 kilometers per day,
and all major urban centers are less than 150 kilometers
apart, electric vehicles would be the ideal means
of transportation and could therefore cover most of
the population's transportation needs.
Along with Project Better Place, this is the first
illustration of the Alliance's commitment to mass-market
zero-emission vehicles all over the world.
Project Better Place
Project Better Place is a venture-backed company
that aims to reduce global dependency on oil through
the creation of a market-based transportation infrastructure
that supports electric vehicles, providing consumers
with a cleaner, sustainable, personal transportation
alternative. Launched in October 2007, Project Better
Place will build its first pilot Electric Recharge
Grid in Israel and plans to deploy the infrastructure
on a country-by-country basis with initial deployments
beginning in 2010.
The Renault-Nissan Alliance
The Renault-Nissan Alliance, created in 1999, is
the fourth largest automotive group in the world by
sales volume (6,100,000 vehicles sold in 2007).
Moses Carasso & Sons, Ltd. has imported Renault and
Nissan cars in Israel since 1948.
The Renault Group generated global revenues of 41,528
million euro in 2006. It designs, engineers, manufactures
and sells passenger and light commercial vehicles
throughout the world. The Renault Group is present
in 118 countries and sells vehicles under its three
brands - Renault, Dacia and Samsung. The Renault Group
employs 129,000 people worldwide.
The Nissan Motor Company generated global net revenues
of 10.468 trillion yen in 2006. Nissan is present
in all major global auto markets selling a comprehensive
range of cars, pickup trucks, SUVs and light commercial
vehicles under the Nissan and Infiniti brands. Nissan
employs over 180,000 people worldwide.
CONTACT: Rochelle Chimenes, Corporate Press Officer
of Renault SAS,+33 (0)1 76 84 64 69, firstname.lastname@example.org;
or Pauline Kee,email@example.com, or Tomo Nagami,
firstname.lastname@example.org, both ofNISSAN MOTOR CO.,
LTD., +81-3-5565-2141; or Julie Mullins,+44 (0)20
7413 5946, email@example.com (non-US
media), orSaskia Stegeman, +1-202-944-1975, Saskia.firstname.lastname@example.org(US
media), or Moshe Debby, +972-52-8748744, Moshe@debby.co.il
(Israel media),all for Project Better Place
Web Site: http://www.media.renault.com/http://www.renault.com/http://press.nissan-global.com/ENhttp://www.projectbetterplace.com/