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Project Better Place, owned by Israeli-American entrepreneur Shai Agassi, will provide lithium-ion batteries to power the cars and the infrastructure to refresh or replace them. One battery will enable the cars to travel 124 miles per charge. Project Better Place will install parking meter-like plugs on city streets and construct service stations along highways to replace the batteries. [2] Renault-Nissan will build the new cars and will offer a small number of their existing electric models, such as the “Megane” sedan, at prices roughly comparable to gasoline models. To promote this form of environmentally efficient transportation, the Israeli government cut the tax rate on cars powered by electricity to 10 percent (from 79 percent on ordinary cars) to encourage consumers to buy the vehicles once they become available. [3] This initiative will offer consumers an inexpensive car for which they will pay a monthly fee based on expected mileage.

A new approach to selling and recharging electric cars could overcome some of the basic issues that have kept them from being widely adopted. A startup called Project Better Place, which had the largest of any venture-funding round in 2007, raising $200 million, recently announced plans to install recharging infrastructure in Israel and Denmark and to sell electric cars using a business model much like that used today with cell phones.

Mahmoud Qassem, a fishmonger, stores his wares on ice overnight in case the fridge shuts down. Suheil Shaban, 62, a diabetic with a bad knee, rarely leaves his ninth-floor apartment — he can't trust the elevator to function. A pediatric hospital director says the generator he relies on is almost out of fuel. ADVERTISEMENT Blackouts dictate the rhythm of life in Gaza these days.