Tag Archives: Spark

When EV startups go wrong (Spark EV)

Spark EV

The electric automobile industry seems to a have wild, wild west aura about it right now, with its brave, independent startups and entrepreneurs, gold diggers, snake-oil salesmen, and vigilante policing. This atmosphere will continue until the big guns decide to take over and crush the little guys.

But for now, we have companies like Spark EV. Apparently, it was run by a guy in his basement, but still managed to make VentureBeat’s “30 electric car companies ready to take over the road” It mainly just consisted of a guy buying electric cars from China and selling them to dealerships in America; not rocket science. Well, homeboy couldn’t operate at the speed of business and the dealerships got mad over undelivered cars. Mad enough to press charges and effectively end our guy’s operation. But before this, he did create enough hype to be recognized on the world stage with his computer generated image of the Comet concept (see above, it was supposed to be released early 2008). Did he even have the wheels yet? Was it really going be fabricated, or was he a snake oil salesman looking for investors? We’ll never know, you can make your own educated guess from the Spark EV site, which now is nothing but a spiteful tale written by the CEO about his company’s demise. Speaking about yourself in the third person in fairy tale format never helps your credibility. I don’t know if this story is encouraging because it seems as though anyone can start an electric vehicle business, or disappointing because some of the major players in the ev market are such shady operations.