V-Vehicle: The Latest Well-Funded Alternate Conveyance Maker
The next “revolutionary” green car
manufacturer
has popped up and .
this time it'. the brainchild of former Oracle Corp. executive Ray Varasano..
It'. called .-Vehicle, and is backed by . dream team of investors–former oilman .. Boone Pickens, former Mazda …. design chief Tom Matano and Fisker Automotive -investor Kleiner Perkins Caufield & Byers have all pumped money into the San Diego-based company..
Unlike Tesla'. push for all-electric vehicles, .-Vehicle is looking to make either . more efficient gas powertrain or, considering Pickens is now . natural gas proponent, it might go the CNG route. The company was founded on the ideology that it will build ..”high-quality, environmentally friendly and fuel-efficient car for the …. market.”
.-Vehicle is planning to use . former GM headlight plant in Monroe, Louisiana to build its alternative cars. The plant underwent ..$100 million revamp and will employ about 1,400 people from the bayou state..
For those that are interested in hearing more, you can head to the Louisiana Economic Development Web site and get some first-hand commentary from the major investors (keep in mind it's a Louisiana promotional video).
Looks like Tesla is going to have some well-funded competition in the coming years. Regardless of which company comes out on top, it's good to know it will be an American one.
Miata Designer Matana, T.Boone Pickens Part of Start-Up Car Company
