As sales plummet, Nice electric car company goes under
Date: Wednesday, December 03 @ 17:19:44 PST
Topic: Business News; Market Research


Electric car sales have more than halved this year. Just 156 were sold from January to October 2008, compared to 374 for the same period in 2007, down 58%.

The figures come as one of London's two electric car distributors, Nice Car Company, was put into administration.

Set up in 2006 by ex-Lotus colleagues Julian Wilford and Evert Geurtsen, Nice had been selling an all-electric version of the French-made Aixam Mega. It had also planned to expand its range by the end of the year, selling a Chinese-made two-seater called MyCar and five-seat MPV called the Ze-O.

However, administrators were called in last week following a torrid year in which sales fell to fewer than one car a week.

Reuters UK





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