Miles EV Raises $15 Million for XS500 Electric Car
Saturday, January 26th, 2008
After some confusion over how much it will cost, here are some good news about the XS500 electric car, the first highway-capable (80+ mph top speed, 120+ miles range) EV by Miles Electric Vehicles: The company has raised $15 million and the money is earmarked for further development of the XS500.
Last we’ve heard from Miles, the 2009 XS500 model is still projected to sell for “$30,000 to $35,000″ in the United States. Lets hope they can pull it off. For more info on the car, see our previous post about it:
Volkswagen will unveil a diesel-electric hybrid version of their Golf hatchback (Rabbit in North-America) at the Geneva Motor Show. The information that has filtered out so far is promising: Fuel economy of 83.1 mpg imperial, 69.9 mpg US. Only 89 grams of carbon dioxide per kilometer (for comparison, the Toyota Prius hybrid emits 104 g/km).
If you can’t wait for the commercial arrival of Trev, the renewal energy vehicle, then roadsters in places like the UK and Australia may wish to consider the Hyundai i30, which picked up both the