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Mississippi startup GreenTech Automotive to unveil sub-$20K EV 2-seater

Date: 7/7/2012 3:27:45 PM Category: Manufacturer News
U.S. startup GreenTech Automotive unveiled it's electric LSV (low-speed vehicle) this past Friday, July 6, 2012 at its pilot-production Horn Lake Facility. The rollout featured former U.S. President Bill Clinton and former Mississippi Governor Haley Barbour, who worked with company founder Terry McAuliffe to site the plant in Mississippi.

The MyCar is a small two-seat neighborhood electric vehicle (NEV) with a top speed limited to 35 mph and a choice multiple power sources, from an inexpensive lead-acid battery pack to lithium-ion battery packs ranging from 7 to 23 kWH, giving the car up to a 100-mile range between charges. Lithium-ion batteries are being sourced from California-based Flux Power, which claims to have already shipped several hundred battery packs to GreenTech.

The MyCar, originally developed in Hong Kong from a design by Italian stylist Giorgetto Giugiaro, was purchased in 2009 by McAuliffe and a group of U.S. investors, with plans to manufacture in the U.S. as well as in China, which they see as a key market. European distribution may be handled by Danish EV distributor Greenabout A/S.

The company plans to scale up to full manufacturing in late 2012 in a new Tunica, MS facility, with production capacity of up to 10,000 vehicles per year.
Source: GreenTech Automotive
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