Israeli consumers ready to buy electric cars

A survey by the Market Watch Institute for "Globes" found that 60% of respondents had heard about Better Place.

Shay Agassi's electric car venture Better Place LLC has won a strong spot in Israelis' consciousness. A survey by the Market Watch Institute for "Globes" found that 60% of respondents had heard about the venture.

Beginning in 2011, it will be possible to buy electric cars from Better Place. Car fleet operators will also be able to supply customers with electric cars. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA), Amdocs Ltd. (NYSE: DOX), and Pelephone Communications Ltd. are some of the companies that have signed cooperation agreements with Better Place.

20.3% of the 494 respondents said that they would definitely be willing to drive an electric car instead of a gasoline car. 26.6% of these respondents have a company car.

57% of respondents who have a company car said that were thinking about switching to an electric car. Not a single respondent who has a company car said that they would definitely not drive an electric car.

Published by Globes [online], Israel business news - www.globes-online.com - on February 15, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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