Paz to recharge Nissan Leaf electric cars

Paz will initially install the battery recharging stations at nine gas stations.

Renault and Nissan importer Carasso Motors Ltd. (TASE: CRSO) and Paz Oil Company Ltd. (TASE:PZOL) have reached a strategic cooperation agreement under which Carasso will install battery recharging stations for the Nissan Leaf electric car at Paz gas stations. Nine recharging stations will be installed in the first stage nationwide, with an option to build more. The first recharging station was inaugurated this week at the Paz gas station at Hasira Interchange in Herzliya.

The universal battery recharging stations will serve the Nissan Leaf, which has been available in Israel for several months. Later, the stations will also serve other electric cars due to arrive in Israel. The stations can recharge a Nissan Leaf to 80% in 20 minutes, at a cost of NIS 15-20.

A full recharge of the Nissan Leaf battery at home takes eight hours.

The battery recharging stations will be installed at Paz gas stations along traffic arteries, including at Beit Yannai on Road 2 (the Coastal Highway), at Shoeva on Road 1 (the Jerusalem-Tel Aviv highway), Hasayarim on Road 4 (Geha) near Rishon LeZion, and at Beit Kama on Road 40 north of Beersheva.

Carasso is now selling the new Leaf model, which has a range of 199 kilometers (manufacturer's data), at a cost of NIS 139,900, including the battery and home recharging post.

Published by Globes [online], Israel business news - - on February 12, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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