GreenTech Automotive, A Mississippi-based automaker, has unveiled a new two-seat city electric vehicle called MyCar. The vehicle comes with many highlights, but what is now making the headlines is its well-attended opening. The event became a high-profile one with the visit of former President Bill Clinton and state Governor Haley Barbour.
GreenTech Automotive is chaired by former Democratic National Committee chief Terry McAuliffe. That helps in getting high-profile politicians to appear for the car’s launch.
MyCar is a low speed EV. It is a two-seated vehicle, possessing single-charge range of 115 miles. It has a top speed of 45 miles per hour. This will be limited to 25 miles per hour because of US regulations. It comes with price tag of $15,500.
The Horn Lake, MS company said producing the car will create 426 new jobs. GreenTech started building the car last November. The company will make about 110 units during first year of its production.
The first few units will be sold to Dominos to deliver pizzas and some will reportedly be sold to a Danish company.
GreenTech acquired Hong Kong-based EuAuto two years ago. The automaker is building a 300,000-square-foot factory in addition to operating a 376,000 square-foot plant in Mississippi.