PHOTO CAPTION: Shuanghuan Noble will be sold as low-speed electric car in America.

RTEV, Shuanghuan to Introduce Electric Car in 2009

The smart car-like vehicle is capable of 70 mph and has range of 60 miles per charge.

Published: 21-Nov-2008

Stealthy electric vehicle startup RTEV and Chinese carmaker Shuanghuan Automobile said today they plan to partner to release an electric car to the U.S. market in May 2009 and global markets about two months later.

Mike McQuary, CEO of Winnsboro, S.C.-based RTEV, told the Cleantech Group that the companies expect sales of about 1,000 cars the first year in the U.S. and significantly more abroad. Initially the cars will be marketed as low-speed electric vehicles, but the companies are seeking crash-test certification to take advantage of the $19,000 car's ability to reach 70 miles per hour, McQuary said.

RTEV is contributing the vehicle's drive system, which uses plug-in, dry-cell sealed (AGM) batteries. Shuanghuan plans to produce the rest of the vehicle, which it currently sells as a gasoline-powered car in Europe and China since 2000.


Ray Lane, managing partner of venture-capital firm Kleiner Perkins, Caufield and Byers, which has invested in Think, believes Think could eventually sell as many as 30,000 to 50,000 City cars a year.

The production electric vehicle to be introduced in 2010 will have a unique bodystyle and is not based on any existing Nissan model, unlike the technology 'mule' pictured above.

The 100-mile range electric car has been operating with Japanese power companies for the last two years.


blog comments powered by Disqus