Tel Aviv residents began riding on Israel’s first electric bus Tuesday, several weeks after the Better Place electric car venture filed for bankruptcy,
The Dan Bus Company invested $112 million for the orange-colored pollution-free bus, whose route takes it from the city’s central bus station to the Arlozorov train station. It can run approximately four hours before needing a six-our charge, and if it pays off, the bus company envisions buying another 250 electric vehicles.
As for the private electric business, there still is a chance it will make a comeback. Investors paid only $5.5 to pick up the pieces of Better Place and try to recharge the idea of Israeli motorists driving gas-free cars.