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.
Miles produces their cars in China, which dramatically lowers the production costs. The sedan will cruise at speeds around 80 mph and should have a range of a little over 100 miles per charge. Like the Chevy Volt, the Miles sedan is projected to have a price tag over $40,000. It is slated to be available early in 2010.
And a reminder: while all of these proposed EVs are great, they really only make sense if we’re able to clean up the way electricity is produced for the national grid. It is no use driving an electric car if it is just running on electricity that was generated from dirty coal. Of course, this is implicit in the overall push towards the electric car."
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