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The Sinclair C5 is a small one-person battery electric recumbent tricycle, technically an "electrically assisted pedal cycle". [1] It was the culmination of Sir Clive Sinclair's long-running interest in electric vehicles. Although widely described as an "electric car", Sinclair characterised it as a "vehicle, not a car". [2]
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 ...
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]
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 auction ended without a sale. [21] In January 2004, a seaworthy 16,000-ton Brazilian aircraft carrier Minas Gerais, formerly the British HMS Vengeance, was listed. The auction was removed when eBay determined that the vessel qualified as ordnance, even though all weapons systems had been removed. [22]
Sinclair shaking hands with Alan Sugar, to mark the conclusion of the sale to Amstrad in 1986. The ZX Spectrum's successor, the Sinclair QL, was officially announced on 12 January 1984, shortly before the Macintosh 128K went on sale. [77] Contrasting with its predecessors, the QL was aimed at more serious, professional home users. [78]
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