TEEWave AR1: Japan Gets New Electric Sports Car

September 12, 2011

Tesla is getting some competition from Japan: Tokyo-based chemicals giant Toray has taken the wraps off Teewave AR1 (short for “Toray Eco Efficient Advanced Roadstar 1″), a two-seat sports car over the weekend.

The company invested a total of US$3.8 million in the development of the electric vehicle whose main selling point is its low weight: Toray used carbon fiber reinforced plastic in the floor, frame and other parts of the car to make it as light as possible. Read more>>>>