Electric Vehicle Company
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Electric Vehicle Company was a US automobile holding company and manufacturer.
The Electric Vehicle Company was founded as a holding company of battery-powered electric automobile manufacturers. It was taken over in 1899 by William C. Whitney and P. A. B. Widener's "Lead Cab Trust." They intended it to be a stock-jobbing operation and began a campaign to acquire other electric car manufacturers.
The trust collapsed in 1900 amid scandal surrounding the poor performance of their vehicles.
After the collapse of the trust, Electric Vehicle became a manufacturer in its own right, but its chief asset was the holding of the Seldon Patent.
References
- James J. Flink, The Automobile Age (Cambridge: MIT Press, 1988).
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