Miles Electric Vehicles looks to introduce sedan by 2010 | ForceChange: "Santa Monica based Miles Electric Vehicles is ramping up to produce an electric sedan than should compete with Tesla Motors’ Model S, and the Chevy Volt. Apparently, Miles is also in the process of raising another $40 million in funds. This comes at a time when many clean technology companies are suffering at the hands of the credit crunch, economic slowdown, and drop in oil prices."
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