An auto startup in Louisiana – What the heck?

By doris | Published: June 18, 2009

Full Story At money.cnn.com

NEW YORK (CNNMoney.com) — A largely unknown car company is planning to open its first factory in what used be a headlight plant in a small town in northern Louisiana, state officials announced on Wednesday.

Louisiana economic development officials are enthusiastic about the endeavor which they say will create thousands of jobs. But for now, executives with California-based V-Vehicles, which has backing from activist billionaire T. Boone Pickens and the venture capital firm Kleiner Perkins Caufield & Byers, are not saying exactly what type of vehicle the company plans to build.

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