Portugal looking to improve, joins Project Better Place

Project Better Place is set to expand beyond Israel and Denmark with an agreement for Portugal to join the electric vehicle infrastructure project. Portugese Prime Minister Jose Socrates will soon sign on to the plan that will use electric cars from Renault and Nissan. Part of Project Better Place involves setting up networks of public charging points and battery exchange stations. Utility company Energias de Portugal SA is working with other European utilities to create the Grid for Vehicles charging network. Renault and Nissan are expected to spend $500 million to $1 billion on developing vehicles for the project. Portugal's investment in the program is not known.

[Source: Forbes]