Is Mia Electric Going Underwater?

FEB 13 2014 BY MARK KANE 4

Standard Mia U

Standard Mia U

According to French media, French electric vehicle manufacturer Mia Electric is going to go bankrupt soon.

Production of the funky Mia has reportedly been stopped for months now.

Just 201 units were registered last year in France – much less than the 700-900 anticipated (and previously even projected to be 12,000 a year, which is more than Renault ZOE sales in 2013).

Mia Electric still has 436 cars to be delivered, but without money (~ €900,000) production will not be restarted anytime soon.

In June, Mia Electric had roughly 200 employees. It is hard to say how many employees are still working and what the near future holds for Mia, but with reports of the staff being paid behind schedule, Mia’s future looks bleak.

Update:  Mia has now been reported as entering receivership

Source: Le Monde

Categories: General


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4 Comments on "Is Mia Electric Going Underwater?"

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Most likely they are going to go belly up in that it didn’t turn out to well for Frisker when they started laying off people and not paying their bills.

Mia = Missing in action

Aww, poor thing. But to be expected. Expensive development on a car with limited appeal and tiny profit margin if any. Always a big mistake to choose that vehicle type.

They should have done a quarter price half weight tesla roadster. like this
zev. dk/design/Speedster.jpg

They anticipated a starting price of 12.000 Euro in times when the i-MiEV was 35.000, but ended up close to 20.000. It is really a cool sub car and the only one wich can do the 100km/60miles real world with 12kwh. But they just let you choose between 12kwh and 8kwh (!) versions. Wish there had been 16 and 24kwh for a good price. I wonder if they ever have tried to sell to Japan, they love this Kei-like sub cars.