Malcolm Bricklin's Visionary update

Welcome to the Electrovaya Hub on AGORACOM

(Edit this message through the "fast facts" section)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Maya

Rank: Mail Room [?]

Points: 170 [?]

Votes: 7 Score: 3.8 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Malcolm Bricklin's Visionary update

posted on Mar 24, 2008 05:54PM

Thursday March 20 2008

Bricklin said his attention is solely on building up the electric and electric hybrid auto industry after recent failed efforts to import the first Chinese-made car to the United States. "I'm not interested in a normal car anymore," he said.

Bricklin said he signed on Thursday for a $50 million private placement with Ferris Baker Watts that his company, Visionary Vehicles, will use to develop and market its X Prize contender

http://www.guardian.co.uk/feedarticle?id=7400615

March 24, 2008

Most recently, Bricklin’s gesticulations are borne of the belief that his New York-based company, Visionary Vehicles, will introduce a globally sourced, Chinese-built plug-in hybrid electric vehicle (PHEV) to the US market in 2009. According to Bricklin, the car will achieve fuel efficiency of at least 100 mpg, boast a level of detail to rival Mercedes, and roll into consumer’s driveways for $35,000. Bricklin sees it as a no-compromise automobile that will embarrass the Prius in the areas of mileage, luxury, and desirability. “This 35-mpg garbage is going to be history,” says Bricklin. “If I have the opportunity to change this industry, I’m going to. And I do have the opportunity to change this industry. So I will.”