Malcolm Bricklin is head of Visionary Vehicles that was to be the North American distributor of Chery Automobiles. Bricklin's foray with Chery ended in mid-2006 after he could not get the necessary funding to invest with Chery for US-specification vehicles. Bricklin's strategy was to bring in cars and crossover SUVs that were competitive with German brands (Audi especially), but priced similarly to Honda vehicles. The lineup was to start with a mid-size car, a sporty coupe and small crossover. Later, with Bricklin funding, a bespoke line of front-wheel-drive vehicles was to have been developed. Following the front wheel drive vehicles, a rear wheel drive platform was contemplated which would have pushed Visionary into the Audi/BMW/Mercedes class of vehicles. Malcolm Bricklin Malcolm Bricklin born March 9, 1939 ) in Philadelphia, Pennsylvania) is an automotive entrepreneur. ... The Chery Automotive Group is one of the fastest growing car companies in China. ...
Bricklin's distribution strategy was to have dealers invest in Visionary Vehicles and in Chery, different from traditional dealer-distributor-manufacturer relationships. The dealer investments of $2-million were to be put in an escrow account until being used to fund investments in products from Chery. Apparently, the dealer-investors in Visionary Vehicles are now suing Bricklin to get their money back.[citation needed]
Visionary intends to bring a $35,000 luxury Mercedes-S-style V2G-capable PHEV to market around 2010. VV just announced it would compete for the X-Prize. [1] Vehicle to Grid (V2G) technology is a bi-directional grid interface for gridable Electric vehicles such as Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV). ... A plug-in hybrid electric vehicle or gas-electric hybrid fueled vehicle is a hybrid which has additional battery capacity and the ability to be recharged from an external electrical outlet. ... The X prize logo shows a stylised letter X representing a spacecraft trajectory and containing a starfield. ...
The Aptera is a high-efficiency vehicle currently in development by Aptera Motors, Inc, formerly Accelerated Composites[3], now accepting pre-orders. ... Fisker Coachbuild is a car design firm based in Orange County, California. ... VentureOne computer generated image of 3 wheeler concept vehicle The VentureOne is an electric vehicle being developed by Venture Vehicles for sale in July 2008, as claimed in Feb 2007. ...
VisionaryVehicles is expected to formally announce the plans at Detroit's auto show.
While Bricklin is chief executive officer of VisionaryVehicles, its management board is chaired by William vanden Heuvel, a senior advisor to Allen & Co. and former deputy U.S. representative to the United Nations.
VisionaryVehicles is expected to hold a press conference detailing its plans in Detroit during the 2005 North American International Auto Show, which opens for media previews Jan. 9.
reparing to introduce the first China-made automobiles into the U.S. by late 2007 or early 2008, VisionaryVehicles is a new U.S. car company, headquartered in New York City.
The company says its goal is to sell more than 300,000 vehicles overseas annually, starting in 2008.
VisionaryVehicles will be Chery's exclusive North American distributor.