History
Sir Clive Sinclair started to think about electric vehicles as a teenager, and it was an idea he toyed with for decades. In the early 1970s Sinclair Radionics was working on the project. Sinclair had Chris Curry work on the electric motor. However, the company focus shifted to calculators and no further work was done on vehicles until the late 1970s. Development began again in 1979 and progressed erratically until, in 1983, it became apparent new legislation would alter the market and make it possible to sell a vehicle closely resembling development efforts.
As time went on, the Sinclair Research C5 development cost gradually increased. In March 1983, Sinclair sold some of his shares in Sinclair Research Ltd and raised £12 million to finance vehicle development. In May a new company, Sinclair Vehicles Ltd, was formed out of Sinclair Research and a development contract entered with Lotus to take the C5 design to production. At the same time, the Hoover Company at Merthyr Tydfil contracted to manufacture the C5. This, together with the fact that the motors were made by Polymotor in Italy, started the urban myth that the C5 was powered by a washing machine motor. In 1984, Sinclair Vehicles Ltd set up head office at the University of Warwick Science Park.
Read more about this topic: Sinclair C5
Famous quotes containing the word history:
“In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.”
—Ralph Waldo Emerson (18031882)
“One classic American landscape haunts all of American literature. It is a picture of Eden, perceived at the instant of history when corruption has just begun to set in. The serpent has shown his scaly head in the undergrowth. The apple gleams on the tree. The old drama of the Fall is ready to start all over again.”
—Jonathan Raban (b. 1942)
“Throughout the history of commercial life nobody has ever quite liked the commission man. His function is too vague, his presence always seems one too many, his profit looks too easy, and even when you admit that he has a necessary function, you feel that this function is, as it were, a personification of something that in an ethical society would not need to exist. If people could deal with one another honestly, they would not need agents.”
—Raymond Chandler (18881959)