30 Aug '11, 2pm

Lesson Learned As Salinas Sues Bankrupt Electric Car Maker?: Electric car fans are quite used to this and even t...

Lesson Learned As Salinas Sues Bankrupt Electric Car Maker?: Electric car fans are quite used to this and even t...

It's a sad fact of business that many start-up companies fail within the first few years of trading. Electric car fans are quite used to this and even the most promising new companies can struggle. One such company is Green Vehicles, an electric start-up that folded back in July. Green Vehicles had created a three-wheel electric car known as the Triac 2.0. The ungainly little EV was touted to have a 100-mile range and to go on sale from $25,000 before state and federal tax incentives. When the company folded it took over $500,000 of investment from the city of Salinas , California, with it. Now, Salinas city attorneys have filed a lawsuit against the company to recover some of the lost investment. According to the lawsuit, "[Green Vehicles] breached every term of the contracts... defendants knew at the time of entering into the contracts that they did not intend to use the...

Full article: http://www.greencarreports.com/news/1065605_lesson-learne...

Tweets

Revenge of the Electric Car

Revenge of the Electric Car

revengeoftheelectriccar.com 30 Aug '11, 12pm

We have a fantastic idea for the theatrical launch! Electric Car rally for 2 hours at the Overlook Drive-In, then screenin...

Mum should totally buy me a car.

teslamotors.com 04 Sep '11, 5am

Recent Press Mention / May 24, 2011 Bloomberg Tesla's Musk Interview About Model S, SpaceX Watch the interview Recent Pres...

Volvo Partners With Siemens On Electric Cars, Develops New Car #car #green

Volvo Partners With Siemens On Electric Cars, D...

greencarreports.com 31 Aug '11, 2pm

“The long-term direction means that we are developing towards the electric vehicle and hybrid models with different degree...

Toyota Sets New Electric Car Lap Record At Nürburgring Nordschleife: More The venerable Toyota Prius hybrid is g...

Toyota Sets New Electric Car Lap Record At Nürb...

greencarreports.com 30 Aug '11, 12pm

“The project gives TMG a valuable chance to test our high-performance electric powertrain in a real motorsport environment...

Awesome! @Hertz Expands Electric Car Rental in ...

cleantechblog.com 30 Aug '11, 3pm

Over one hundred million in China ride e-bikes, e-scooters, and light electric vehicles. A growing middle class and major ...

A Lesson Learned: Many great - and different - swing philosophies out there.

A Lesson Learned: Many great - and different - ...

pga.com 06 Sep '11, 1am

This past week's Deutsche Bank Championship was a clinic in great golf. Big names such as Phil Mickelson, Bubba Watson and...

2011 Nissan Leaf Electric Car: What We’ve Learn...

greencarreports.com 02 Sep '11, 1pm

"...we tend to go on how far we have traveled versus how far there is to go, using the battery gauge and some simple commo...

Researchers Develop CrashResistant Electric Car Battery Case

Researchers Develop CrashResistant Electric Car...

evworld.com 04 Sep '11, 5pm

n electric car wants to be environmentally friendly it must weigh as little as possible, because when the light turns gree...

YOUR ELECTRIC CAR: GREEN EMERGENCY POWER?: by B...

green-energy-news.com 12 Sep '11, 1am

Some modifications might have to made to both vehicle and home or business to allow the vehicle to be this source of power...

www.mini-rides.com Fisker to use BMW engine for second electric car - CleanMPG Forums: Fisker to ... "electric car"

www.mini-rides.com Fisker to use BMW engine for...

cleanmpg.com 02 Sep '11, 3am

Fisker wants to sell Nina globally. The company said sales for both the Karma and Nina will likely be 40 percent in U.S., ...

Faster Electric-Car Charging Gets Smaller, And That’s Better

Faster Electric-Car Charging Gets Smaller, And ...

greencarreports.com 29 Aug '11, 1pm

By Nikki Gordon-Bloomfield Nikki Gordon-Bloomfield Contributing Writer BIO Nikki Gordon-Bloomfield is a self-confessed pet...

DIYElectricCar: Onan electric power plants for ...

diyelectriccar.com 02 Sep '11, 4am

User Control Panel Private Messages Subscriptions Who's Online Search Forums Forums Home General Forum EV News Chit Chat E...

said

said

greencarreports.com 31 Aug '11, 12pm

By Nikki Gordon-Bloomfield Nikki Gordon-Bloomfield Contributing Writer BIO Nikki Gordon-Bloomfield is a self-confessed pet...