Finnish Firms Announce Electric Car Plans

Valmet Automotive and Fortum will develop a new technology and build a concept car for four people that could be driven for up to 99 miles with one charge.

Finnish engineering company Metso's unit Valmet Automotive and utility Fortum said on August 6 they will jointly develop an electric concept car to be shown at the Geneva Motor Show in March 2010.

The companies said they would not launch a new electric car brand, but planned to develop new technology and build a concept car for four people that could be driven for up to 160 kilometres (99 miles) with one charge.

"Valmet Automotive is not introducing its own electric car brand; instead, the idea is to create new solutions as a part of our service offering," the head of the unit Ilpo Korhonen said.

The utility Fortum will bring its know-how on recharging to the project.

Currently Valmet Automotive is building in Uusikaupunki -- some 230 kilometers northwest of the capital Helsinki -- Boxter and Cayman for German Porsche and electric golf cars for Denmark's Garia.

By the end of this year it will also start making Karma hybrid cars for the U.S.-based Fisker Automotive.

Copyright Agence France-Presse, 2009

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