Louisville Investors See Electric Scooter as Smart Move

With gas at $4 per gallon, investing in Vectrix Corp. seems more like kismet.

Published: 29-Jul-2008

Four years ago, Mike Ehrler invested in — of all things — a company pioneering the technology of large electric scooters closer in overall size to a motorcycle.

“It wasn’t much money, about $70,000. Back then, I did it on a lark,” Ehrler said.

At the time, gas cost less than $2 per gallon, said the retired Ehrler’s Dairy Inc. co-founder and Louisville-based investor.

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

Powered by advanced lithium-ion batteries and two 67bhp (50kW) electric motors to drive the front and rear axles, the Mixim is a four-wheel-drive car with a theoretical top speed of 112mph and a potential maximum range of 156 miles.

Dodge ZEO is 2+2 electric muscle car for the 21st century powered by 200kW electric drive with 0-60 mph in less than 6 seconds and range of 250 miles.

The Air Car may do better than fuel-cell cars, but experts say that using grid power to charge a battery-powered electric vehicle is much more efficient than using electricity to compress and store the same amount of energy in a tank.

READER COMMENTS

blog comments powered by Disqus