V-Vehicle Co.

Deathwatch in the desert? Faraday Future halts construction of billion-dollar plant
Deathwatch in the desert? Faraday Future halts construction of billion-dollar plant

Remember Faraday Future, the electric-car startup backed by Chinese bajillionaire Jia Yueting? The company that hoped to unseat Tesla as America's youngest, hippest manufacturer of zero-emission vehicles? Well, its plans have hit a snag--a fairly big one, in fact. Is it time for a deathwatch?...Read More»

Frank Varasano
Deathwatch: V-Vehicle Loses CEO, Cancels Lease On Future Plant Site

UPDATE: See below V-Vehicle Company -- the startup automaker backed in part by oil baron-turned-wind baron-turned-CNG baron T. Boone Pickens -- has dipped a few more toes in the deadpool. According to reports, V-Vehicle has not only lost its founder and CEO, Frank Varasano, but the company has also...Read More»

Teaser for Louisiana's new VVC plant
DOE Rejects V-Vehicle's $320 Million Loan Application, Project May Be Scrapped

Bad news for V-Vehicle Company: the U.S. Department of Energy has denied the start-up's request for $320 million in low-interest loans for the development of high-efficiency automobiles at a facility in northern Louisiana. As a result, the company will almost certainly forfeit $87 million in...Read More»

Teaser for Louisiana's new VVC plant
V-Vehicle Misses Key Deadline, Forfeits $87 Million From Louisiana

Bad news for startup automaker V-Vehicle: the company has missed a crucial funding deadline, and as a result, it will forfeit $87 million in cash and incentives from the state of Louisiana for V-Vehicle's new plant in Monroe. As per an agreement with the state, V-Vehicle needed to demonstrate that...Read More»

Teaser for Louisiana's new VVC plant
V-Vehicle Is Vying For $320 Million In DOE Loans

In June of last year, the Department of Energy announced $8 billion of low-interest loans for automakers in the first round of funding from its $25 billion Advanced Technology Vehicles Manufacturing program. Of that total, $5.9 billion went to Ford, $1.6 billion went to Nissan, and $465 million...Read More»

Rumor: Another Clean Car Start Up Coming To The American South

It's good news/bad news day for T. Boone Pickens. On the one hand, his push for natural gas vehicles seems to be gaining traction in D.C. On the other, his new V-Vehicle Company in Monroe, Louisiana is about to get a little competition from two doors down. Chinese exile Yang Rong--former head of...Read More»

2011 VVC sketches
Sneak-Peek Pictures! VVC 'All-American Car' To Be Made In Louisiana

Louisiana governor Bobby Jindal has announced that San Diego-based V-Vehicle will create 1,400 new jobs and assemble an all-new vehicle in the state. This follows days of speculation about a significant auto assembly plant announcement in Monroe, in the northern portion of Louisiana. VVC, as the...Read More»

Teaser for Louisiana's new VVC plant
V-Vehicle To Build High-Efficiency Cars In Louisiana

After weeks of mystery and speculation, today V-Vehicle Company (VVC), a San Diego firm backed by oil man turned environmentalist T. Boone Pickens finally revealed that it's the manufacturer setting up shop in Monroe, Louisiana to build a range of high-efficiency combustion-engine cars. Earlier...Read More»

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