AutoOopsGreen: Miles of Confusion on Electric Car Pricing
THIS IS OFFICIAL: The Miles XS500 will NOT cost nearly $60,000, which would be nearly twice the originally anticipated price.
Why even bring this up? Because of a call from Zion Enos at Miles Electric Vehicles this afternoon checking to see if our parent publication, EVWorld.Com, had pick up the AutoBlogGreen story that today reported the much-anticipated, fully-highway-capable electric car pictured above would cost EU40,000. At present currency conversion rates that means the price of the car would be $58,495.95.
According Miles spokespersons, the author of the story talked to MILES-Benelux BV, the companys independent distributor in Europe, and somewhere during the course of the conversation the number EU40,000 came up. That naturally led to the sensational, but incorrect headline "Miles XS500 Will Be A Lot More Expensive Than Planned".
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