The Office of the Chief Scientist has published a call for proposals to collaborate with Renault SA (Euronext: RNO) under the Ministry of Industry, Trade and Labor's cooperation program with multinationals. Companies deemed suitable to collaborate with Renault will receive Chief Scientist grants covering up to half the R&D budget for an approved project.
Renault will provide matching aid, as well as technological advice, applications tests, use of the company's laboratories, and other services.
The call for proposals is targeting companies that are developing technologies and applications for improving the performance of electric car engines, energy efficient car air conditioners, rapid battery recharging and replacement systems, longer life batteries, and other fields.
The Chief Scientist and Renault recently signed an industrial R&D cooperation agreement. The global carmaker and the Office of the Chief Scientist will jointly support the selected Israeli companies that are developing components for environmentally friendly cars, especially electric cars. Renault operates in 118 countries worldwide.
Published by Globes [online], Israel business news - www.globes-online.com - on March 4, 2008
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