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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 ...
Constellation Automotive Group is a used vehicle marketplace. It was founded in the United Kingdom in 1946, as Southern Counties Car Auctions, and was a publicly traded company, BCA Marketplace, when acquired and taken private by TDR Capital in November 2019.
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.
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 has lost more than 70% of its market value in the last five years. The company’s market capitalization is about $975 million with an enterprise value of about $4.7 billion. Sinclair changes
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Sinclair C5; V. Sinclair Vehicles This page was last edited on 22 July 2024, at 23:21 (UTC). Text is available under the Creative ... By using this site, ...