Friday, August 13, 2010

Bright Automotive Hires Former Tesla Executive



Bright Automotive is a manufacturer of electric vehicles and it has now hired former Chrysler and Tesla executive Mike Donoughe as its chief operating officer. Arizona VW Dealers will offer a new hybrid Volkswagen Jetta in the next year, and Bright Automotive is working with mainstream automakers to produce hybrid and electric vehicle models. Hartford Honda also sells the Honda Insight hybrid which is one of the more popular hybrid offerings on the market.

Bright Automotive is producing a hybrid vehicle model that will be made in conjunction with GM and perhaps other automakers. GM is working with Bright Automotive to produce a new plug-in hybrid model. Check out Ford Specials on the Ford Fusion Hybrid and other Ford hybrids have been produced by Ford exclusively and have been excellent models.

GM is investing over $5 million into Bright Automotive and providing the company with technology to develop its hybrid plug-in model. The company is based out of Anderson, Indiana. Reuben Munger, CEO of Bright Automotive said that “Mike is a perfect fit for Bright because he understands the rigor required to bring a successful, high-volume truck to market. And having served in a leadership role at Telsa, he knows how to lead in a young, advanced technology-focused enterprise."

Bright Automotive will be looking to use the experience and leadership skills of Donoughe to help it produce new vehicle models over the next few years that will feature the latest in electric and hybrid technology. Electric vehicle manufacturers are going to be one of the most important types of technology companies in the future as these companies will allow American automakers to continue to be competitive.

Companies like Tesla Motors and Bright Automotive work with mainstream automakers to provide them with the latest electric vehicle technology, and it is these types of joint venture projects that will help the American economy bounce back.

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