Oh I just don't care if I spell their name correctly or not.
Why I hate the company who's name I may or may not intentionally misspelled.
The Honda insite, toyota prius were pretty much unobtainable during apthera1. There was a 3 year waiting list for the toyota prius at one point. People were even buying spots on the waiting list and selling them to make money. Some fools were supposedly paying up to $10,000 for a 1 year or less waiting list spot at the height of the American twolip madness.
They took a bunch of money from people/companies (24 million dollars), promised a pretty cool vehicle when gas prices were at an all time high. Then they became obsessed with making everything in house and then dragged it out for years for no reason. That took so long by the time they kind of started to get ready to produce vehicles gas prices were coming down, anyone who wanted a hybrid vehicle could get one, the Chevy volt was out, the nissan leaf was about to hit the market and no one cared about them any more. Looking back after it was all said and done, to me it seems like they never intended to produce a vehicle. Like they were one of those startups where the proprietors never intended to produce the product and were hoping one of the "too big to fails" or some fool with a lot of money would come along buy them out and make the owners overnight millionaires. (Fenix batteries for the nissan leaf)
The senseless over proprietorizarion of everything might make it look like they have some massive intellectual property value to the average fool, but none of the too big to fails took the bait. Or maybe they thought they would get a government grant or bailout, they tried to get a 180 million dollar grant and then a 150 million dollar loan from the government and failed.
Their first attempt was a once in a life time opportunity, now they have real competition from a plethora of practical hybrid cars that get real good fuel milage with out even trying, a wide selection of other battery powered cars and some plug in hybrids if you are so inclined. Plus the first time shock of $3 a gallon gas is way long gone.
Fool me once shame on me.
I bet redpoint could build a way better prototype with a million bucks and have a small fortune leftover.
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1984 chevy suburban, custom made 6.5L diesel turbocharged with a Garrett T76 and Holset HE351VE, 22:1 compression 13psi of intercooled boost.
1989 firebird mostly stock. Aside from the 6-speed manual trans, corvette gen 5 front brakes, 1LE drive shaft, 4th Gen disc brake fbody rear end.
2011 leaf SL, white, portable 240v CHAdeMO, trailer hitch, new batt as of 2014.
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