Ruff And Tuff Vehicles Spins Off Wheego Electric Cars

RTEV has spun off Wheego Electric Cars so both companies can focus on their respective markets.  RTEV will focus on cost cutting and selling deeper into their traditional market of electric powered recreational vehicles in a difficult environment for powersports manufacturers.  Wheego will concentrate on developing the market and distribution for their Wheego Whip LSV product which will go on sale in July of this year.  Management remarked that RTEV will be trying to optimize cash flow while Wheego will be following a more capital intensive strategy to take advantage of what they see as a high growth potential market.  Learn more  prnewswire.com

Wheego Starts Taking Orders for the Whip LSV

Wheego announced yesterday that they have begun taking orders for their Wheego Whip electric vehicle.  The LSV is expected to ship in May of this year.  Last week’s announcement regarding the launch of their dealership network generated a strong response from potential vehicle buyers as well.  According to the company’s press release:

The Wheego Whip is a fully loaded two-passenger automobile with fit, finish and features that compete with any other subcompact car on the market. Remote keyless entry, air conditioning and an mp3 stereo system are standard equipment on the Whip. It retails for under $19,000, and it only costs about 3 cents per mile to operate. There is also a 10% Federal Tax credit on the purchase price of the car as a Low Speed Vehicle in 2009.

Wheego is offering a number of incentives related to the launch of the Whip including special programs for upgrading the vehicles when Lithium ion battery packs or full speed versions of the vehicle are available, as well as cash rebates for referring other customers.  Learn more

Wheego Announces Launch of Dealer Network

Wheego recently announced the official launch of their dealer network.  According to the company’s press release, their first car, the Wheego Whip will be available in May of this year and they plan to have 50 dealers in place at that time.  Commenting on the dealer network President Jeff Boyd states,

These will be a combination of traditional car dealers as well as a new type of dealer who exclusively sells electric vehicles and combines several manufacturers such ZENN, ZAP, and MILES in one dealership.

Wheego is a division of RTEV which produces electric vehicles for recreational use under the Ruff & Tuff brand and vehicles for street use under the Wheego brand.