Russia’s richest man to launch a hybrid city car soon

As I always say, when the big men do it, it is always noted. Coming to the point, Mikhail Prokhorov, who is the richest man in Russia, is reportedly planning on launching a new car with some sort of ‘advanced technology’ through his company, Onexim Group. Many are speculating that it is going to be a hybrid or a fully electric drivetrain. In any case, the goal is to put the small eco-friendly vehicle on the road for about $12,500. At that price, the machine would be going up against such well-known and formidable competitors as Volkswagen and General Motors.
[green.autoblog]