Miles EV raising money, Mini looking for drivers for electric car
While electric vehicle star Tesla Motors has been looking shaky of late, other automakers look ready to step into the gap. One name that may come up more often is Miles Electric Vehicle, which peHUB reports is in the midst of raising a $40 million funding round.
Miles, which already makes low-speed electric cars (often called NEVs) is in the process of finishing the design of a highway-speed car, the XS500. The company appears to be… Continue Reading
Q&A with Jeff Boyd, CEO of Miles Electric Vehicle
Everyone knows the name Tesla Motors. High-profile VC fundings, a high-performance sports car and its layoffs have gotten the company endless coverage. However, there’s also a slew of lesser-known electric car companies. One of the handful with real potential (and real funding) is Miles Electric Vehicle, a Santa Monica, Calif. company with plans to release a highway-speed electric car, the XS500, in 2009.
Miles already sells a few low-speed models, but the XS500 will be the… Continue Reading
Miles Electric Vehicles raises $15M for highway-speed electric car
Miles Electric Vehicle is a fairly well-known maker of low-speed electric vehicles, which are only good for short distances in small towns or inner city environments. However, the company plans on releasing a model that can reach highway speeds in late 2009.
The company has plenty of competition, but relatively few electric car startups have attracted more than small rounds of funding.
Miles is distinguished by the normal appearance of its cars (many electric cars look distinctly… Continue Reading