September 17th, 2008 at 10:01 pm

San Jose is aiming to be the capital of clean technology following a $250m (£139m) deal with electric car maker Tesla to base its new factory there. The city beat other contenders to secure a project that will bring more than 1,000 jobs to the area. “This is a big step toward being the centre of world cleantech innovation,” said San Jose Mayor Chuck Reed.
Tesla boss Ze’ev Drori said that “this is proof the time has come for the electric car.”The company plans to produce an all-electric luxury sedan, called the Model S, at the plant with a retail price of around $60,000 (£33,000.)
[READ]
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