It is megalomaniacal, expensive, too complicated in terms of engineering and infrastructures, and unsuited for a densely population metropolis like Tel Aviv.

An OECD report states that Israel's roads are 3.5 times as crowded as the OECD average.

The stream of global venture capital investment in Israel's auto-tech industry will now reach huge proportions.

Intel, Samsung, General Motors and Alibaba are just some of the global corporations investing in Israeli auto-tech.