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Start-Ups Phoenix Motorcars, Vetrix on the Bankruptcy Ropes
As word of their filing hit, Phoenix responded to autobloggreen.com saying the company was "going through a restructure of which we plan to be very straight forward and short in nature … We have not abandoned the alternative fuels transportation space."
(Pictured: Phoenix SUT)
I have to admit that this actually makes me a little sad 'n sentimental. Phoenix was one of the first vehicles I featured here at FutureCars.com, and then, just as now, there was reason to be excited about the vehicle's lithium titanate NanoSafe battery system made by Altair Nano.
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