Wheego Whip Life Highway-Capable Electric Car Might Beat Nissan Leaf to Market
By Scott Doggett May 6, 2010
Excluding the Tesla Roadster, the first battery-electric car (besides the Tesla) on the U.S. market may not be the Nissan Leaf, Chevy Volt or Coda sedan, so says BNET reporter Jim Motavalli. It could be the Wheego Whip Life.
The Whip Life, product of Atlanta-based Wheego, could enter the U.S market this August if the company raises some more money and highway-capable EV completes crash testing successfully.
According to its SEC filing, Wheego is seeking to sell equity and raise $5 million. That money, which the company hopes will be in new investment from clean tech funds, will cover the cost of producing the first batch of approximately 200 cars, CEO Mike McQuary told Motavalli in an interview.
"We need investors to take us across the finish line," he said. "We were a risky proposition three years ago, but now we're on the home stretch."
The Whip Life would sell for $33,500, which makes it slightly more expensive than the five-seat Leaf.
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