5 February 2012 - 12 Shevat 5772 - י"ב שבט ה' אלפים תשע"ב
JTA NEWS :
Israel Corporation to increase investment in car company E-mail

Israel Corporation controlled by Ofer Holdings Group announced that it would inject another US$334 million into Shai Agassi’s electric car venture Better Place LLC and in Chery Quantum LLC.

Chery Quantum Auto Co. Ltd is a 50-50 joint venture formed in 2008 between China’s largest independent carmaker Chery Automobile and Israel Corporation’s US unit, Quantum LLC.

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