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TRANSPORT & INFRASTRUCTURE

Road 6 Credit: Shlomi Yosef Road 6 franchise extended for building new lane, interchange

Derech Eretz will build an extra lane in each direction between Kassem Interchange and Ein Tut Interchange and a new interchange at Bet Nechemia.

Haifa Port Credit: Shutterstock Adani presents ambitious plans for Haifa Port

A presentation to investors in India outlines plans to take loans of  NIS 3 billion and build hotels and stores on Haifa Port seafront.

Egged bus Credit: Shutterstock Free public transport for over 75s introduced in Israel

Passengers loading their Rav-Kav cards will no longer receive a 20% discount, as part of the public transport fare reform.

Tesla car in Tel Aviv  credit Hadar Ruth Bashan EV sales in Israel up 70% in 2022

Almost all the EVs have been delivered from China with Tesla and Geely being the best-selling brands, as annual sales exceed 10,000 for the first time.

Ayalon Bus lane Credit: Netivei Ayalon Ayalon Tel Aviv bus lane opens Sunday

The first section of the Fast Lanes project will be opened between the Hashalom Interchange southbound to the Wolfson Interchange in Holon.

Otonomo gathers vehicle data  credit: Company website Israeli autotech companies crash in New York

Since merging with SPACs, several autotech companies have seen their valuations plunge, and one, Otonomo, could be in danger of being delisted.

Haifa Port Credit: Shlomi Yosef Haifa Port buyers say they're ready for competition

The new, Chinese-managed Haifa Bayport will be a strong rival, but Haifa Port has its advantages.

Blitz sells 400 smart e-mopeds to South African franchisee

Blitz Technologies is strengthening its presence in South Africa with a deal worth an estimated overall NIS 14 million.

Allenby Street closure set to cause Tel Aviv traffic chaos

In September, the first of two stages in the closure of Allenby Street in Tel Aviv will be implemented so work can start on the light rail Purple Line.

Tiberias central bus station Credit: Eyal Margolin Nitsba threatens 10 central bus stations with closure

The real estate company is seeking either higher rents and management fees, or vacating the land so it can be rezoned.

Yandex delivery robot  credit: Ehud Keinan Tel Aviv halts Yandex delivery robot trial

The decision follows residents complaints that the robots run by Yandex unit Yango Deli were blocking sidewalks.

Gas station line Credit: Cadya Levy New car deliveries down 13% in first half of 2022

The fall in new car deliveries in Israel is attributed to global supply chain problems rather than a dampening in demand for new cars.

Road 1 bus lane from Sha'ar Hagai to launch Million Plan

Work on the plan to save 1 million car trips per day will begin in the coming weeks by converting a lane from Sha'ar Hagai to Tel Aviv into a bus lane.

Merav Michaeli  credit: Alex Kolomoisky, Yediot Ahronot Tel Aviv metro becomes a political game

Political wrangling hasn't entirely stopped the project, vital for Israel's economy, but it raises fears for future progress.

Kiryat Shmona Credit: Shutterstock StockStudio Aerials Kiryat Shmona rail link plan deposited for objections

The new line has come under criticism because stations will be built in outlying areas and will not serve Arab towns.

BL chargers  credit: BL Energy BLEnergy installing power storage system for Haifa's Metronit

The system will charge Metronit’s 50 electric articulated buses.

Israel Railways Credit: Eyal Izhar Israel Railways to compensate woman forced to change car

The Jerusalem Magistrate Court has approved a payment of NIS 16,000 to Maya Melitz, after a guard ordered her to change carriages because men wanted to say their morning prayers.

Zim Photo: PR ZIM share price sinks on slowdown concerns

The Israeli shipping company's share price fell sharply last week after the OECD revised downwards its forecast for global growth in 2022.

Tesla Credit: PR Electric vehicle sales soar in Israel

Electric vehicles have captured 5.2% of sales of new cars, up 1.2% from last year, and could reach more than 8% by the end of the year.

Tel Aviv's Rabin Square Credit: Cadya Levy Tel Aviv renovations create chaos

1,300 transport infrastructure works projects are underway, so that the city that never stops can keep moving in decades to come.

Egged bus Credit: Shutterstock Egged approves sale to Keystone Fund

Each of the Israeli bus company's 1,315 shareholders will receive NIS 2.1 million, before tax.

Ezra Gardner and Omri Cherni Credit: Gesher Freightos agrees SPAC merger at $435m valuation

The Israeli freight booking and payment platform will trade on Nasdaq after merging with Gesher 1 Acquisition Corp.

Tel Aviv light rail Photo: Eyal Izhar Chinese, Russian cos out of Haifa-Nazareth light rail project

Chinese company CREC and Russia's JSC Transmashholding have withdrawn from their respective consortia after pre-qualification.

Electric vehicles at charging station  credit: Shutterstock Details emerge of proposed driving tax on electric cars

Under current Ministry of Finance proposals, the tax will average NIS 3,000-4,000 annually.

Tel Aviv Metro Credit: Shutterstock Ministerial c'ttee approves plans for 2 Tel Aviv Metro lines

The inter-ministerial committee has approved the M1 line southern section and the M3 line.

Zim CEO Eli Glickman Photo: Itay Rappaport ZIM keeps posting record profits

CEO Eli Glickman: Since our flotation just a year and four months ago we have distributed dividends that are fifteen times the amount we raised.

Optibus founders Eitan Yanovsky and Amos Haggiag  credit: Optibus Transport planning co Optibus raises $100m at $1.3b valuation

Co-founder and CEO Amos Haggiag: It wasn't easy to get the valuation we wanted.

Image of ElectReon technology credit: Company website ElectReon to charge Electra Afikim buses

The NIS 6.5 million project in Rosh Ha'ayin will enable public transport company Electra Afikim to charge 30 buses 24 hours a day.

Shai Agassi  credit: Tamar Matsafi Shai Agassi makes autotech comeback with Israeli LiDAR co

Agassi is executive chairperson of LiDAR developer Makalu Optics of Rehovot.

Road 6 Credit: Tamar Matsafi Extra bus and ridesharing lane to be built on Road 6

The number of buses on the Cross-Israel Highway hardly justifies an extra lane, so cars with three people have been added. It is just an excuse to continue investing in the car.

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