Where does Better Place stand along the path to achieving these goals?
We will begin to install 100,000 charge spots in Israel in 2009. Our auto partner is Renault-Nissan, which will be helping us get cars to market in the next couple of years. The idea is that in each of our markets the infrastructure will be in place before electric vehicles come to market. It’s the same model as the cable, cell-phone, and other industries where you had to build the infrastructure before you could switch the lights on. From the number of incoming inquiries, I would say the investor interest is very, very large. But we are not actually in the process of going out to investors in the United States. The $200 million we raised included financing from U.S.-based investors Morgan Stanley and VantagePoint Venture Partners, as well as overseas investors, such as Israel Corp. Do you have any competitors? No one else is doing exactly what we’re doing. Certainly, we would welcome competition, because we believe that the more competition there is, then the faster the adoption of th
