Lincoln Bedroom Sleepover Salesman Launches Neighborhood Vehicle With Bill Clinton In Attendance

Bertel Schmitt
by Bertel Schmitt

Associated Press writes (via the Clarion Ledger) that a company called GreenTech will today roll out a “two-seat neighborhood electric vehicle, a cross between a golf cart and conventional car, with a 115-mile range.” It won’t do more than 35 mph, and will cost around $10,000. The “car” might be unremarkable, the guest list of today’s event is not. The party in Horn Lake, Mississippi,will be attended by a lot of formers. Former President Bill Clinton and former Mississippi Gov. Haley Barbour will attend, with former Democratic National Committee Chairman and now chairman of GreenTech, Terry McAuliffe, doing the honors. The CEO is Chinese businessman Xiaolin “Charles X” Wang.

Does this ring a bell? Yes, it’s the same company that says it erects a 300,000 car factory in Inner Mongolia. Yes’ it’s the same company that was started by a former and then fugitive Brilliance manager who said he would finance the company with funds raised through the EB-5 visa program. That program promises green cards to people who invest $500,000 in an underprivileged part of America. The Center for Immigration Studies along with many others call it either “a scam” or “investor fraud.” Terry McAuliffe is Bill Clinton’s former fundraiser who famously sold White House coffees and Lincoln Bedroom sleepovers to the highest bidder. No wonder Bill is at the party.

We could say a lot more about this, but we won’t. We already have. Click to be amazed.

PS: Thegreencarwebsite has different pricing information:

“The model comes with a choice of two battery packs; one lithium ion giving the car a driving range of 115 miles, the other, lead acid with a range of 51 miles. The lithium ion car will cost $18,000 or $10,000 with a battery lease contract. The lead acid model will cost $15,000. “

Good luck.

Bertel Schmitt
Bertel Schmitt

Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

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  • MRF 95 T-Bird MRF 95 T-Bird on Jul 07, 2012

    I wonder how many of these things they will sell. Large factories, Retirement communities etc. I think GEM or the others have this market covered. McAuliffe has always reminded me of a sleezy car salesman. Barbour reminds me of a cross between Boss Hogg and FogHorn Leghorn.

  • 28-Cars-Later 28-Cars-Later on Jul 07, 2012

    You will never find a more wretched hive of scum and villainy.

  • Carson D I thought that this was going to be a comparison of BFGoodrich's different truck tires.
  • Tassos Jong-iL North Korea is saving pokemon cards and amibos to buy GM in 10 years, we hope.
  • Formula m Same as Ford, withholding billions in development because they want to rearrange the furniture.
  • EV-Guy I would care more about the Detroit downtown core. Who else would possibly be able to occupy this space? GM bought this complex - correct? If they can't fill it, how do they find tenants that can? Is the plan to just tear it down and sell to developers?
  • EBFlex Demand is so high for EVs they are having to lay people off. Layoffs are the ultimate sign of an rapidly expanding market.
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