Wednesday, April 22, 2009 12:26:50 PM
The military alone is friggin huge.
Despite the glitches in the X-Prize competition, I see Revenge thinks the chances for success are good, planning to enter BOTH categories of the competition with the new four door model announced:
"Two categories of vehicles, mainstream and alternative, will be judged. Pelmear's mainstream car will need to reach 0-60 miles per hour in less than 12 seconds, have a minimum top speed of 100 mph, drive a minimum of 200 miles, have room for four or more passengers, have 10 cubic feet of useful cargo space, and have everyday vehicle features such as heat, air conditioning, an audio system, an enclosed cabin, windshield wipers, safety belts, rear and side view mirrors, displays for speed, fuel remaining, etc., and exterior lights "
- From an April 2008 pr, it appears that this deal is something Peter has been working on for some time. So, this pr is the result of planning and hard work, not pure chance or desperation...I would not be surprised if rvgd helped them with a few bucks here and there over the past year?
So from all accounts, we are building a NEW supercar AND a regular passenger vehicle (four passenger)that is set for production in 2010. Both vehicles will get over 100 mpg.
It may be possible that the sport car or supercar version may be available for sale even BEFORE the X-Prize competition. If so the car might set the standard that others will be judged by.
The new engine is slated for production as early as May this year, so new business may not be that far off.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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