Greentech in Mississippi :"Today's Challenges/Tomorrow's Automobile"

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by octavia, Feb 1, 2010.

octavia Active Member

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2010 Prius

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Interesting article

In rural Mississippi, awaiting a green dream car - latimes.com

That is why residents were so happy to see Charles Wang when he and an entourage of executives arrived Oct. 6. GreenTechâ€™s spartan website features a photo of a man in a suit reaching his arms out to a blue sky. "Today's Challenges/Tomorrow's Automobile," it promises, in a clean Helvetica typeface.

...

Today, Arnold said, Wang is probably busy trying to raise money for his venture. That's difficult for anyone these days, but Wang faces particular hurdles. One is the company's upstart status in a market full of legacy brands.

Another is whether sufficient demand exists in the U.S. for more green cars: In late 2008, Toyota Motor Corp. suspended plans to build its popular Prius hybrid at a new plant based in Blue Springs, Miss., due to the stagnant economy.
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#1 octavia, Feb 1, 2010

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