Israeli electric car pioneer unveils price plans

JERUSALEM (AP) - Electric car company Better Place has unveiled the pricing of its subscription packages ahead of the rollout of the world’s first nationwide battery-charging grid.

The company said Tuesday the base price for its flagship Renault Fluence Z.E. electric car will be 123,000 shekels, or $34,670.

It will offer various subscriptions depending on how much a user drives. Monthly costs will range from 1,090 shekels ($310) for 12,000 miles (20,000 kilometers) a year up to $450 for 20,000 miles (30,000 kilometers) a year.

The company said it will also be offering a three-year package offering unlimited mileage for 157,500 shekels ($44,530).

The company says the overall costs are up to 20 percent lower than a gasoline-powered car.

The Renault cars are to go on sale in Israel in August.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
blog comments powered by Disqus
TWT Video Picks