Thursday, November 6, 2008

Miles Electrical Vehicles Gets $13M, Looks For $40M

Santa Monica-based Miles Electrical Vehicles is reportedly seeking $40M in a venture financing round. According to a report from PeHub.com, Miles Electrical Vehicles has raised $13M so far in the round. The funding apparently is coming from Angeleno Group. Miles Electrical Vehicles is developing plug-in, electric vehicles and sedans. More information »

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