Neighborhood Electric Vehicles (NEVs) are low-speed vehicles. Depending upon the state you live in, NEVs are limited by law to 25-35 mph. Since they don’t go very fast and are not crash tested, highway driving is out, but trips to the grocery store are in.
GreenTech Automotive, a company based in Virginia and run by Terry McAuliffe, the former chairman of the Democratic National Committee, has big plans for NEVs. The company recently unveiled its latest design for the MyCar, an all-electric NEV that will be built entirely by U.S. workers at a new plant in Mississippi.
Reports put the battery-powered two-seat MyCar’s range at about 70 miles. McAuliffe has pledged to make the first 100,000 available for a mere $10,000 each before subsidies.
The MyCar is expected to enter production this year and the company reports that the Danish company Greenabout, which distributes electric vehicles and related products and services, “will purchase a sizable percentage of GTA’s MyCar production through 2014.”
“This agreement is a major step in the relationship we have proudly formed with Danish leaders,” McAuliffe said in a statement. “We share a desire to create and utilize affordable green transportation and with this MyCar agreement, we are making broad strides to begin selling our American-made MyCars throughout Europe. Not only does this agreement reflect our principles of affordable green energy, it also means new manufacturing jobs in America.”