Electric Cars For Sale

Increasing number of automakers are developing cheap electric cars for sale. Some electric car companies have already come out with their products which are doing well. This has led to the growth of companies that manufacture electric car batteries, Enedral being one of them. With business showing excellent prospects, it recently revealed its plans for expanding its production and research facilities in Indiana. Enedral, which started operation in 2004, has around 92 people on its staff at present. The company plans to hire over 850 new people till 2012.

Recently a Norwegian automaker that manufactures and sells the electric car “Think” in Europe, entered into a $ 70 million dollar contract with Enedral, to make batteries for its car. According to Ulrik Grape, the CEO of Enerdal, they have planned to expand because they can see a huge demand for electric cars in the near future, and they want to be ready to fulfill that demand.

The Government of Indiana has been quite supportive, with the Indiana Economic Development Corp. offering performance based tax credits to the tune of $ 7 million and training grants up to $58,000. Indianapolis and Noblesville are thinking of planning out property tax abatement for Enedral.