Russian billionaire Mikhail Prokhorov, the co-owner of Yo-Auto, said the company will try to sell the hybrid by the end of 2012, called the Yo-mobile, for less than $10,000 in order to offer the Russian public a reasonably-priced, highly fuel-efficient car. The company will produce as many as 45,000 Yo-mobile vehicles a year from its factory near St. Petersburg, and will double production once the second stage of the factory is completed.
Prokhorov also owns the New Jersey Nets basketball team and has announced his intention to run for the Russian presidency in 2012 against current Prime Minister Vladimir Putin.
He made his $18 billion or so in metals and banking, was ranked by Forbes as third richest person in Russia, 32nd richest in the world, and one of his personal modes of transportation is a 202-foot yacht that he reportedly charters out for $325,000 per week.
No comments:
Post a Comment