Report: Ginetta G50 EV stalled due to lack of funds
by Jeremy Korzeniewski (RSS feed) on Jan 19th, 2010 at 9:28AM
Ginetta Cars, a small British automaker that's been building racing and road cars since 1958, would like to build an electric car. Unfortunately, it can't due to a lack of money. Ginetta had requested £1.7 million in funding from the UK government, but the request was denied because the project was deemed "too niche." Similar in principle to the Tesla Roadster, Ginetta's G50 EV was to be a two-seat sportscar with a powerful electric motor driving the rear wheels with electricity storage handled by a large lithium ion battery pack. Though exciting, that kind of vehicle doesn't... Read More
