• Aug 3rd 2011 at 7:05PM
  • 5
Emerald Automotive LLC announced their intent last week to build hybrid vans at a plant in Hazelwood, Missouri near St. Louis. As part of plans for a "$175 million factory," the company would receive a $3 million loan from the city and a $2 million loan from a state agency. On the scale of things, that's a pretty small investment to bring a potential 580 jobs to an area which has lost much of its manufacturing base.

However, the question that immediately came from both industry and press was: who are these guys? Emerald Automotive was a name that rang few bells, and there was some concern that this was all a sham. With the number of alternative vehicle factories announced but never started, and the number started that never reached production, any plan that involves a city pitching dollars to an unknown start-up is subject to suspicion that those involved may be more interested in mining municipal funds than in producing vehicles.

The company behind Emerald Automotive appears to be Intelligent Energy LEV, which was formed in 2010 as one of a number of ventures by Andy Tempest. With a background that includes a stint as managing director of motorsports company Prodrive and helming parts company Wagon Automotive, Tempest certainly has connections in the auto industry. He also has a connection that didn't end quite so well. In 1995, he was fired from his role as chief operating officer at Lotus in a squabble over the future of the company.

Another of the principals involved in Emerald is Jim Hadden. Hadden crossed paths with Tempest at Wagon Automotive and went on to head the Detroit office of service and design firm Arup. Both men have a background that includes multiple connections to the automotive industry; they also bring to the table a history of raising capital and participation in several successful ventures. Does that mean that the City of Hazelwood's dollars are safe? Only to the extent that the people behind Emerald Automotive seem to be car guys with some business chops. Starting up a transportation firm has proven to be very challenging, even for those with substantial backing.

[Source: KSDK, Biz Journals]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
      • 4 Years Ago
      According to The Independent (a UK national daily newspaper), Andy Tempest's departure from Lotus in 1995 involved more than a mere squabble over the future direction of the company - he was reportedly sued for alleged misappropriation of money. See http://www.independent.co.uk/news/business/lotus-car-group-sues-former-directors-1578210.html He in turn sued the company for wrongful dismissal. I don't know what the outcome was.
      • 4 Years Ago
      Ah, I see the outcome of the Lotus/Tempest sue/countersue situation was that the legal charges were dropped and a settlement was reached by both sides. But this report also mentions that Tempest and a fellow director secretly attempted to sell Lotus to Korean company Kia without telling their boss http://www.bizjournals.com/stlouis/morning_call/2011/07/who-is-andy-tempest-ceo-of-emerald.html And in this report Tempest is described as exonerated of wrongdoing http://www.ksdk.com/rss/article/269102/3/Who-is-Andy-Tempest-CEO-of-Emerald-Automotive
      Smith Jim
      • 4 Years Ago
      I live in St. Louis, Missouri so this story is of particular interest to me. What I want to know is if these guys have anything more than artist renderings. Do they have any kind of working prototype?
        • 4 Years Ago
        @Smith Jim
        They don't, and they have no expertise in the hybrid powertrain they claim the van will have. As I commented on ABG's first story... "Intelligent Energy is not just a developer of class leading fuel cell and hydrogen generation technologies; we are also experts in systems design and systems integration." They claim their "Fuel Cell Black Cabs have debuted on the streets of London" and to have made a "Suzuki Burgman Fuel Cell Scooter". But this thing has a flex-fuel diesel motor, so those fuel cell prototypes seem irrelevant. So it's not quite vaporware... UK engineering consultants and fuel cell systems integration company hoping to make a complex diesel hybrid van from scratch in the USA. Good luck with that!
        • 8 Months Ago
        @Smith Jim
        http://green.autoblog.com/2011/07/28/emerald-automotive-who-wants-to-build-hybrid-delivery-van-in/ thats what they got, no protopics yet.
    Share This Photo X