Can The Tiny Wheego Win The Electric Car Race? Forbes

16 Апр 2014 | Author: | Комментарии к записи Can The Tiny Wheego Win The Electric Car Race? Forbes отключены
Wheego LiFE Electric Cars

Can The Tiny Wheego Win The Electric Car

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It’s really to go after that money, but in the of Solyndra and in an election year, the DOE is it super-careful. It just turned long-term contender Carbon (which wanted $310 to build green police ), and has committed only $50 million in since its big commitment to Fisker in

Wheego’s problem with the DOE again, thinking too small. “We sought DOE funding, but the feedback was we needed to be more oriented job development,” McQuary said. our ambition was never to create a assembly plan that forging meta. We think we a viable business plan for electric cars, but it really create a lot of jobs. So the DOE came to us and asked us if we wanted to rewrite the to make it more aggressive in of job creation. But we opted instead to our integrity — we didn’t want to be on our application.

And, frankly, we’ve had just enough funding to get to the stage. Not getting the loan has us a tougher company, and very at how we deploy capital.”

Wheego is a but the hares aren’t faring so “I see us as a company that creeps out of leaping out,” McQuary And 36 cars is definitely creeping Michael Brylawski, a vice at the lamented Bright (which a really useful plug-in cargo van), told me the ATVM process distorted the for private capital.


If you didn’t get a DOE loan, he said, the looked askance at your

Wheego LiFE Electric Cars

McQuary agrees. “Companies Tesla and Fisker, which got the have been better to raise follow-up capital,” he “But at this point I’m all the companies succeed, because a tide will lift up all our I’m rooting for Coda to get its car on the road, and I’m for Tesla’s Model S, too.”

More flush times be ahead for Wheego. McQuary me he closed a deal with a investor last week. people learn who it is, it will increase market confidence in he said. The company has prospects, and a diverse product line in the

But if Wheego in fact doesn’t it, no huge mess will been created. McQuary only have to lay off 6.5 people. And the CEO has a job — he runs Brash Music, an record label with an roster.

This year, a Christian album it issued won a nomination.

Wheego LiFE Electric Cars
Wheego LiFE Electric Cars
Wheego LiFE Electric Cars
Wheego LiFE Electric Cars
Wheego LiFE Electric Cars

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