According to the Wall Street Journal, sky high gas prices and impending emissions regulations have at least 4 start-ups trying to catch up with Tesla and their electric sports car, which is sold out. Companies like Fisker Automotive, Gord Murray Design, and Mindset AG have the best names in the automotive industry, engineers, designers and racecar builders, working on their projects. They’re not just competing with each other though; they’re competing with the big boys like Daimler, Toyota, and GM who are also working on electric models. Don’t worry about the little guys however, because the eco-push from the large manufacturers might be the golden ticket for these new kids on the block. Several are looking at selling their innovations and designs to one of these mega corps, and just laugh happily as they head to the bank.
Read More At The Wall Street Journal
Start-Ups Race to Produce ‘Green’ Cars