AC Propulsion
Year Founded: 1992
Core Business: Developing and producing electric cars and components.
Top Executive: Alan Cocconi, president
Revenues in 1992: 0
Revenues in 1996: About $500,000
Employees in 1992: 2
Employees in 1997: 7
Goal: To develop an electric sports car for sale to the mass consumer market.
Driving Force: To pioneer new technology to make electric vehicles more practical and affordable