France's Bollore and Pininfarina to Develop Electric Car
PARIS -- French financier Vincent Bollore is teaming up with Italian car designer and manufacturer Pininfarina to build an electric car in a project worth about 150 million euros (109 million pounds).
Bollore and Pininfarina will set up a joint venture with the aim to put a small, four-seater car on the market by the summer of 2009, according to a Friday statement from Bollore's holding company.
They will sell it under the Pininfarina brand, a first for the Italian company best known for designing and making cars for others such as Ford, Volvo and Fiat's Alfa Romeo.
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