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.
