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Electric car company 'confident it can weather the storm'
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Environmentally-friendly female drivers may welcome news that one electric car company is doing well, despite the economic downturn.
GoinGreen - which introduced the Reva G-Wiz to London in 2004 - reported it is in good financial health and believes it can weather a temporary decline in the sales of its vehicles.
This comes after the Nice Car Company - which also used to produced electric models - announced it was going into administration.
However, GoinGreen stated it thought it was well-positioned to withstand the pressures of the credit crunch because it was offering low-cost motoring at a time when drivers were keen to tighten their belts.
Managing director Steve Hartridge said: "In the four years since GoinGreen launched, over 1,100 Londoners have experienced cheap and zero emissions driving in London by owning a G-Wiz."
Around this time last year, the company released the third generation of the model, which it claimed was safer, more comfortable and offered better performance than its predecessor.
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