It's human nature to take on challenges, and for many in the electric car industry that means embarking upon huge road trips in cars not known for their long ranges. We've seen trips from Alaska to Mexico in an electric race car and 25,000 miles in a Tesla Roadster, amongst others. Minddrive's idea of an electric car road trip is taking their efficient EV prototype from San Diego, CA to Jacksonville, FL. The Kansas City-based non-profit organisation is working with groups of at-risk students to construct a streamlined electric vehicle that will be driven coast-to-coast next March. The car is...
REVA Investors Look to Exit Strategy, New Investors Unnamed
Rumors fly that Indian Electric Car firm REVA is soon to have new investors, as U.S. based Investors start negotiations to sell their stake in the $100 million company. According to VCCircle, a financial news portal, three groups of investors are seeking to play out their exit strategy. Sources...Nikki Gordon-Bloomfield