Israel on Monday signed with French Renault Nissan car makers to provide electric cars which will operate on a recharge grid. The initiative is the brainchild of entrepeneur Shai Agassi who raised $200 million to get the project off the ground. Attending the ceremony were Prime Minister Ehud Olmert, President Shimon Peres and the chief officers of the Renault Nissan company.01/22/08