Decade of tech startups: Joule, an African car dream deferred
CAPE TOWN –
2012 will be remembered as one of the most disappointing moments in the history of South African technology startups.
2012 will be remembered as one of the most disappointing moments in the history of South African technology startups.
In 2012 ,the hopes of developing the first African vehicle (electric) were dashed.
Optimal Energy, which was behind Joule the electronic vehicle, despite the technical and marketing success achieved Optimal Energy was liquidated. Even with a rigorous and successful development process, a strong team of 108 people, substantial
Source: iol.co.za