By on July 28, 2011


Remember Hybrid-Kinetic Motors, the hugely ambitious venture by former Brilliance Chairman Yung Yeung that was supposed to build 300k physics-defying hybrids per year at a brand-new $1.5b Alabama factory (with the modest goal of producing a million vehicles per year by 2018)? H-K Motors was never taken very seriously here at TTAC, and despite appearing to be a visa scam, the firm signed a $500m design deal with Italdesign/Giugiaro, and was reportedly working with a German engineering firm… and Alabama’s Baldwin County sure took the firm seriously. Unfortunately, al.com reports that

In 2009, Chinese company HK Motors had taken notice of the megasite and announced plans to build a $4.36 billion green energy automobile manufacturing plant that would employ 4,000 workers.

Under a plan unveiled two years ago, the Pasadena, Calif.-based subsidiary of Hybrid Kinetic Group Ltd., of Hong Kong, would start production in Baldwin County in 2013. The cars built there would run mainly on compressed natural gas, backed up by electric batteries and a small gasoline tank.
The company announced that it expected to build 300,000 vehicles each year at the outset, with production increasing to 1 million by 2018 by 5,000 local employees. The company purchased a battery manufacturer and other component businesses in subsequent months.

But local officials said last month they would be marketing the site to other companies with HK Motors apparently unable to secure financing for the venture.

I’m sure nobody’s surprised by this at all… after all, I never found anyone who believed a word of the Hybrid Kinetic mumbo-jumbo. But what reminded me of the H-K fiasco, and what led to me to find that it had officially abandoned Baldwin County (after it shouldered $70k in surveying costs, no less) was news that a hybrid van manufacturer is setting up shop in St Louis, which has lost Ford and Chrysler plants. What reminded me of the H-K situation? “Emerald Automotive Limited,” which is promising 600 UAW-represented jobs and gas- and diesel-electric delivery van production by the end of next year, doesn’t have a freaking website. That’s never a good sign…

By on January 19, 2010

There’s a lot happening in the world of cars these days, but few stories are as compelling as the emergence of two rival US-based firms created by two former bosses of the Chinese automaker Brilliance. At face value, both Hybrid Kinetic Motors and Greentech Auto are little more than visa scams: neither attempts to hide the fact that their fundraising plans involve a US Visa program (EB-5) which allows citizenship to foreign nationals who invest a half-million bucks in an American business. For additional scam warning points, both firms purport to use mythical hybrid engines and plan factories with annual capacities of a million units. But as easy as it is to simply write these firms as Chinese visa hucksters grifting the good folks of such towns as Tunica, Mississippi and Bay Minette, Alabama, they keep showing up in the news with stories that predecessors like ZAP would have given their stock-price-boosting-press releases for. To wit: the latest news that Alabama hopeful Hybrid Kinetic Motors has signed a half-billion dollar deal with Italdesign-Giugiaro, the largest order in the famed design house’s 42-year history.

(Read More…)

Recent Comments

  • Re: Reader Review: 2013 BMW 128i Sport

    threeer - Yeah, a manual-tranny 128i is just about the only BMW I saw as being anything close to related to my much-loved 2002. Most are sadly purchased/optioned as...
  • Re: Reader Review: 2013 BMW 128i Sport

    Driver8 - I WILL NOT SPARE YOU MY OBLIGATORY K.I.S.S. COMMENT. Nice ride. Pics of that red leather interior would be appreciated. Are you keeping it stock?
  • Re: 2016 Ford Escape SE AWD Rental Review

    ponchoman49 - You can be sure that these car manufacturers will stop providing updates, patches and repairs to these units once the vehicles are 5 or more years old...
  • Re: Ramcharger Rebirth

    smartascii - People who buy full-sized, truck-based SUVs do it because it’s the only vehicle that will meet their needs. People who need a minivan will buy a full-sized crossover...
  • Re: 2016 Ford Escape SE AWD Rental Review

    krohde - Wow. You’re right @bball40dtw. I love Flexes and would do that for sure. I didn’t realize they were that close.
  • Re: Ramcharger Rebirth

    bball40dtw - Dealer installed option. $399. Can be chrome plated for $200 more.
  • Re: 2016 Ford Escape SE AWD Rental Review

    bball40dtw - I just looked it up, and a Flex SEL with the 201A package that has remote start, power liftgate, Sync3, heated seats, dual zone climate control, a V6,...
  • Re: Junkyard Find: 1980 Toyota Corolla Station Wagon

    bumpy ii - Gablehouser: I’m sorry, that’s incorrect. AA, if you can answer correctly, the match is yours. Howard: He doesn’t have it. He’s got squat....
  • Re: Ramcharger Rebirth

    BklynPete - Excellent analysis. “RAM Ramcharger, complete with complementary condoms in the console!” That’s the buyer. After that, meh not so much. If FCA were...
  • Re: Junkyard Find: 1980 Toyota Corolla Station Wagon

    bufguy - I owned the previous generation which was mechanically alost identical to this generation. I can attest to the simplicity and reliability of these...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributing Writers

  • Bark M., United States
  • Chris Tonn, United States
  • Bozi Tatarevic, United States
  • Vojta Dobes, Czech Republic

Get No-holds-barred, take-no-prisoners Automotive News in your Facebook Feed!

Already Liked