The last time we heard from Spirit Avert, the team behind the mindset electric car, the group was said to be investigating the best way to procure adequate funding to produce an initial run of vehicles. At the time, we didn't know how much financing would be required. Now, we do. According to Spirit's latest press release, which is pasted after the break, a total of $152 million needs to be raised "in order to achieve highly profitable mass production of a series of 10,000 electric vehicles."
Mindset's electric car was designed by Murat Günak, who previously worked as a designer with stints at Mercedes-Benz, Peugeot and Volkswagen, and it bears a mild resemblance to the classic VW-powered Karmann Ghia. A 94-horsepower electric motor can reportedly power the vehicle to 60 miles per hour in about seven seconds and on up to a top speed of 87 mph. Range in all-electric mode is 62 miles, after which a single-cylinder internal combustion engine kicks in to keep the fun rolling for another 500 miles or so. Thanks for the tip, Siggy!