{"id":581,"date":"2009-08-24T12:04:35","date_gmt":"2009-08-24T15:04:35","guid":{"rendered":"http:\/\/smallvehicles.wordpress.com\/?p=581"},"modified":"2009-08-24T12:04:35","modified_gmt":"2009-08-24T15:04:35","slug":"wheego-electric-cars-raises-an-additional-1-2-million","status":"publish","type":"post","link":"https:\/\/smallvehicleresource.com\/blog\/2009\/08\/24\/wheego-electric-cars-raises-an-additional-1-2-million\/","title":{"rendered":"Wheego Electric Cars Raises An Additional $1.2 Million"},"content":{"rendered":"<p>Wheego Electric Cars, maker of the Wheego Whip, recently announced that the company had raised an additional $1.2 million from existing investors.?? The Whip is expected to be available next month as a low speed vehicle or medium speed vehicle.?? Next year, after crash testing is completed, the company hopes to sell the Whip as a full speed vehicle.?? Management expects to sell 1,000 of the LSV\/MSV version in the first year as they build up their dealership network to 50 dealers.?? The vehicle has an MSRP of $18,500 but is also eligible for federal tax credits.?? <a title=\"Wheego Raises More Money\" href=\"http:\/\/www.bizjournals.com\/atlanta\/blog\/atlantech\/2009\/08\/electric_car_maker_wheego_zooms_off_with_12m.html\" target=\"_blank\" rel=\"nofollow\">Learn more:?? Atlanta Business Chronicle<\/a><\/p>\n<p><strong>Comment: <\/strong> Selling 1,000 of these vehicles in the first year appears to be ambitious given the economy and currently lower gas prices.?? ZENN recently announced a sharp decrease in sales of their LSV which has a similar price point.?? In addition, interviews I&#8217;ve conducted with electric vehicle dealers for an upcoming study also indicate a poor sales environment. MC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wheego Electric Cars, maker of the Wheego Whip, recently announced that the company had raised an additional $1.2 million from existing investors.?? The Whip is expected to be available next month as a low speed vehicle or medium speed vehicle.?? &hellip; <a href=\"https:\/\/smallvehicleresource.com\/blog\/2009\/08\/24\/wheego-electric-cars-raises-an-additional-1-2-million\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,11,17,18,19,20,23],"tags":[431,664,772,2182,1414,1422],"class_list":["post-581","post","type-post","status-publish","format-standard","hentry","category-electric-vehicles","category-investment-financing","category-msv","category-nev","category-new-vehicle","category-pricing-info","category-sales-figures","tag-electric-vehicle","tag-investing","tag-lsv","tag-msv","tag-wheego","tag-whip"],"_links":{"self":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/581"}],"collection":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/comments?post=581"}],"version-history":[{"count":0,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/581\/revisions"}],"wp:attachment":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/media?parent=581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/categories?post=581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/tags?post=581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}