Better Place, the electric car infrastructure company, announced its first deal with a carmaker in China, potentially the biggest future market for battery-powered cars.
The US company signed a memorandum of understanding on Saturday with Chery Automobile, China's biggest independent carmaker, to develop prototypes for electric vehicles to be used in regional sate-sponsored pilot projects.
The cars will have switchable batteries that can be removed and replaced with recharged ones at swap stations of the type Better Place is building in countries including Israel and Denmark.
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