I didn’t even have time to blink as this new post from VentureBeat ripped my face off! Check it out… V-Vehicles, backed by John Doerr (of Kleiner Perkins Caulfield & Byers) and T. Boone Pickens, is going to hit the Efficient Vehicle Market where it hurts most- in the wallet.
Affordability has been the missing link, so if V-Vehicles can pull this off in the 18-month timeframe it is suggesting (already opening a plant in Louisiana), it is going to crush Tesla and Coda. V-Vehicles has already received tons of funding, and now they are going to receive $67 million in state incentives AND apply for a part of the Dep of Energy’s $25 billion Advanced Technology Vehicle Manufacturing Loan Program.
Man, I would love to sit down with Frank Varasano, Founder and CEO at V-Vehicles.
