Search results
Results from the WOW.Com Content Network
The Sinclair C5 is a small one-person battery electric recumbent ... Thousands of unsold C5s were purchased by investors and sold for hugely inflated prices, as much ...
The initial investment was £8.6m, which came from the proceeds of the sale of some of Sir Clive's shares in Sinclair Research. Barrie Wills, formerly of the DeLorean Motor Company, was appointed managing director. The first (and only) Sinclair Vehicles production model was the single-seater Sinclair C5, launched on 10 January 1985. Larger ...
He launched the Sinclair C5 electric vehicle on 10 January 1985, but it was a commercial disaster, selling only 17,000 units and losing Sinclair £7,000,000. Sinclair Vehicles went into liquidation later the same year. The failure of the C5, combined with those of the QL and the TV80, caused investors to lose confidence in Sinclair's judgement.
1. Gigayacht. Sold for: $168 million Roman Abramovich, a Russian billionaire, must have been staring at an empty dock for a while now, because the 168 milly he shelled out for a 400-foot yacht is ...
On eBay, the bidding price started at $233.95, with bidding ended at a sale price of US$10,000. [63] Both the e-mail exchange and the picture have become internet hits. [64] In July 2009, Dornoch Capital Advisors placed England's Coca-Cola League One Side Tranmere Rovers F.C. on eBay without permission from owner and chairman Peter Johnson ...
On 10 January 1985, Sinclair unveiled the Sinclair C5, a small one-person battery electric recumbent tricycle. It marked the culmination of Sir Clive's long-running interest in electric vehicles. [84] The C5 turned out to be a significant commercial failure, selling only 17,000 units and losing Sinclair £7 million.
Sinclair also had several commercial failures, including the Sinclair Radionics Black Watch wristwatch, the Sinclair Vehicles C5 battery electric vehicle, and the Sinclair Research TV80 flatscreen CRT handheld television set. The failure of the C5, along with a weakened computer market, forced Sinclair to sell most of his companies by 1986.
The Zike, or Sinclair Zike, is a lightweight electric bicycle invented by Clive Sinclair and marketed by his company Sinclair Research Ltd in 1992. It was a commercial failure, selling only 2,000 units while originally intended to be produced at the rate of 10,000 a month. It was ended six months after introduction. [1] [2]