Israel's Clal to import China's BYD electric cars
JERUSALEM, Sept 25 (Reuters) - Israel's Clal Industries and Investments (CII.TA) said on Thursday it signed a deal to import electric cars from China's BYD Auto (1211.HK) and sell them in Israel.
Clal, a unit of conglomerate IDB Development IDBD.TA, said the agreement -- which still needs various approvals -- was part of Clal's widening of activities in the green energy sector.
"We see these activities as an additional potential growth engine for the company," Clal said in a statement.
BYD's electric cars are expected in Israel and Europe by 2010.
BYD has said the cars could travel 300 km on a single charge. A full charge needs nine hours using its lithium-ion batteries, although they could be charged to 80 percent capacity in 15 minutes, according to BYD.
Israel's government has been pushing for electric cars and is offering heavy tax breaks.
Shai Agassi's Project Better Place is also planning to sell electric cars in Israel in the next few years through its partner, the Renault-Nissan alliance (RENA.PA) (7201.T). (Reporting by Steven Scheer; Editing by Quentin Bryarw)
Israel's Clal to import China's BYD electric cars | Industries | Industrials, Materials & Utilities | Reuters
Además Volkswagen tiene proyectos de desarollo con BYD, para coches eléctricos. Donde byd tiene más experiencia en baterias dado es fabricante de baterias.
Aunque fabrican gamma alta también creo será un desembarco como hizo hyundai en su momento.
Chinese Battery-Maker BYD "Could Be World's Biggest Automaker" : TreeHugger YouTube - BYD Electric Car