Who is funding the Phoenix motorcar project?



  1. 0 Votes


    Phoenix Motorcars was created in 2002. It is a private-held business.

    “In 2007, The Rancho Cucamonga, Calif., [was] close to signing a $15 million first round of capital from investors Kleiner Perkins Caufield & Byers, Virgin Fuels and AES Corporation, according to PEHub.”

    “Altair Nanotechnologies, Inc. (NASDAQ: ALTI – News), a leading supplier of ceramic nanomaterials and high-power battery systems technology, today announced that it has received a $750,000 initial order for its fast charge, high-powered batteries from Phoenix Motorcars, an early leader in the effort to mass produce full function, freeway ready electric automobiles based in Ojai, Calif. The battery packs will be engineered and manufactured at Altairnano’s Anderson, Ind. facility and will utilize Altairnano’s proprietary nano-lithium ion battery technology. Phoenix Motorcars is using the engineering services of Boshart Engineering Inc., based in Ontario, Calif., to develop the battery integration, validation, certification and regulatory testing.”




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