Plan to Build Electric Cars in Iowa Fizzles
An Iowa company's plans to make electric cars in the state have fizzled after a Webster City factory reached a deal, instead, with a company focused on selling electric vehicles in the Caribbean.
Officials at Envision Motor Co. of Ames say they now plan to build its cars outside the state.
They learned last week that their business partner, American Motor Systems Inc., is launching a new company with a new name and plans for making an entirely new electric car.
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