Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) today signed a leasing agreement with Better Place to operate a fleet of electric vehicles. The fleet of several dozen Renault Fluence Z.E. cars will replace regular fuel vehicles in the company car pool.
Under the agreement, Better Place will set up an electric vehicle charging infrastructure at IAI factories and project sites around the country to maximize daily use of the cars. The first electric cars will be delivered to IAI in May.
IAI VP operations, procurement and logistics Yaakov Goldman said, "IAI continues its ongoing green activities and is joining the electric transport revolution that will reduce the level of air pollution. In addition to protecting the environment, the transition to electric vehicles will bring the company financial savings."
Published by Globes [online], Israel business news - www.globes-online.com - on April 28, 2013
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