Miles Automotive CEO: XS500 "a little over a year" from release, cross-over and other models planned

In an interview by Industry Standard, Miles Automotive CEO Jeff Boyd said the all-electric X500 is "a little over a year" from release. Industry Standard asked what Boyd thought about competition from plug-in hybrids and he replied that he was not aware of any plug-in close to production. Boyd then added that, "We're a little over a year away, so we think we're maybe two or three years ahead of most plug-in hybrid vehicles." Someone should tell Boyd about the Saturn PHEV is scheduled for a release in 2010 late 2009. Miles Automotive has a variety of models in mind like a XS500-based crossover. Electric cars are no longer a fad, Boyd said, but a revolution.

[Source: Industry Standard]