EVI Buys Low-Speed Electric Car Maker

EVI produces products like tuggers, burden carriers and heavy-duty quad steel tracking trailers for the automotive and airline industries.

Published: 04-Aug-2008

Electric Vehicles Inc., a Fort Wayne-based electric vehicle company, acquired Odessa, Mo.-based Lafayette County Car Co. LLC and will relocate that company's equipment and inventory to EVI's headquarters at 4007 Engleton Drive.

Lafayette County Car Co. is a maker and wholesaler of low-speed electric cars. The purchase price the company's assets was not disclosed.

The relocation is expected to be completed by the end of September, EVI said in a statement released through the Fort Wayne-Allen County Economic Development Alliance. EVI will spin off another company, LC3 Inc., to resume production of the electric cars.

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