Exhibit 23
                                                                      ----------

                         CONSENT OF INDEPENDENT AUDITORS
                         -------------------------------

     We consent to the incorporation by reference in the Registration Statements
on Form S-8 (Nos. 33-81044, 333-19753, 333-59902 and 333-74197) (pertaining to
the 1991 Qualified Stock Option Plan, the Amended and Restated 1993 Stock Option
and Restricted Stock Purchase Plan, the 1995 Amended and Restated Non-Employee
Director Stock Option Plan and the 1998 Non-Executive Employee Stock Option and
Restricted Stock Purchase Plan) and Form S-3 (Nos. 333-95361, 333-33986,
333-37630, 333-45818, 333-49628, 333-59346, and 333-63514) of our report dated
January 29, 2002 with respect to the consolidated financial statements of
Electric Fuel Corporation for the three years ended December 31, 2001 included
in this Annual Report (Form 10-K) for the year ended December 31, 2001.

                                           /s/    Kost Forer & Gabbay
                                         ---------------------------------------
                                                  Kost Forer & Gabbay
                                         A Member of Ernst & Young International

Tel-Aviv, Israel
March 26, 2002