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