"The Aptera 2e, one of the coolest-looking electric cars in the world, is not a car, says the U.S. government. General Motors, which wants to kill off any electric cars that aren't the Volt, heartily agrees. In this case because Aptera can't get access to government loans designed to jump-start production of electric cars. This also explains why General Motors, which has applied for $10 billion in such loans, is so eager to see the 2e squashed."
"Enter Congress. A provision in a spending bill approved by the House before its August recess would expand eligibility for the loan program to include any fully enclosed vehicle designed to carry two adults and that averages at least 75 miles a gallon. Those criteria would cover Aptera's vehicle, which company officials say will go 100 miles on an electrical charge."
"Aptera's investors include Idealab Inc., a technology incubator in Mr. Schiff's Southern California district; the philanthropic arm of Google Inc.; the Quercus Trust, a Newport Beach, Calif., investment firm; and the family of James Simons, chairman of Renaissance Technologies, one of Wall Street's most successful hedge-fund firms."
Government Says Three-Wheeled Electric Car Isn't A Car
Debate Arises on 3 Wheeler - WSJ.com
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Aptera fighting Congress over whether Aptera 2e is "an automobile." Meanwhile GM gets Govt$$$
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Rybold, Sep 13, 2009.