It seems the sales of the Vectrix electric maxi-scooter have finally caught on fire. At the beginning of the year we were somewhat saddened to report that they had only sold a disappointing 123 of their innovative machines. Since then, the price has been chopped from just under $12,000 to a much more reasonable $8,795 for the 2007 model, and $9,395 for the slightly improved 2008 version. The skyrocketing price of gas may be playing a role as well, as people have been buying up scooters with a ve
digg_url = 'http://digg.com/autos/And_the_electric_vehicle_market_suffers_another_setback'; On January 15, Vectrix released a regulatory announcement titled "Preliminary Results." Thanks to some ABG reader comments that pointed out some just how bad the news is in this report, I thought it'd be a good idea to mention this on the front page. The short version: In 2007, Vectrix built 2,002 vehicles (the $12,000 scooter seen above) but sold just 123 of them and now has had a lot of debt.
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