Spirit Avert AG Seeking to Raise ~ $150M to Fund Mindset E-Motion Extended Range EV Project
Green Car Congress
MAY 27, 2009
Spirit Avert AG is seeking to raise CHF166 million (US$152 million) in financing to serve as the capital for mindset AG and its planned production of the E-Motion extended range electric vehicle for the European market. The E-Motion is driven by a 70 kW, 220 N·m electric motor powered by a lithium-ion battery pack and a 17.5
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