Better Place says base price for its flagship Renault Fluence Z.E. electric car will be $34,670

Associated Press
Published: 05.20.11, 08:36 / Israel Business

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Electric car company Better Place has unveiled the pricing of its subscription packages ahead of the rollout of the world’s first nationwide battery-charging grid.

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The company said Tuesday the base price for its flagship Renault Fluence Z.E. electric car will be NIS 123,000 ($34,670).

It will offer various subscriptions depending on how much a user drives. Monthly costs will range from NIS 1,090 ($310) for 12,000 miles (20,000 kilometers) a year up to $450 for 20,000 miles (30,000 kilometers) a year.

The company said it will also be offering a three-year package offering unlimited mileage for NIS 157,500 ($44,530).

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The company says the overall costs are up to 20% lower than a gasoline-powered car.

The Renault cars are to go on sale in Israel in August.

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