Photo courtesy of uzvards at Flickr.com.
Israel imports about 99 percent of its oil supplies. This fuel situation makes Israelis particularly sensitive to blockade, and the country’s economy is getting hammered by rising oil prices. Perhaps that’s why electric cars are taking off in Tel Aviv.
Thanks in part to a tax system that heavily favors electric vehicles, companies are designing and testing all-electric Israeli cars, and imports of hybrid vehicles are way up! If a combination of new technology and tax incentives works in Israel, perhaps the future will bring similar developments stateside. Wouldn’t it be ironic if a company in the Middle East put Big Oil out of business?
Photo courtesy of Project Better Place and Photographer Israel Hadari at Flickr.com.