JAPANESE EV START-UP GLM ELECTRIC CARS
Japanese EV start-up GLM Electric Vehicles was recently acquired by Hong Kong watchmaker O Luxe. The start-up evolved from a Kyoto University venture in 2010 and made ripples with its Tommykaira ZZ prototype (left below) earlier the year which features the worlds first resin windshield.
GLM EV MODELS
GLM G4 EV
TOMMYKAIRA ZZ EV
GLM EV SALES
Go to our detailed breakdown of Global EV Sales to see how the Japanese EV start-up GLM electric car strategy fares to its competitors in the fast-growing EV market.
JAPANESE EV START-UP GLM ELECTRIC CARS IN THE NEWS
Week 28 2017 - Japan's Tesla acquired by watchmaker
Japanese EV start-up, GLM (right below), sold 85.5% shares to Hong Kong watchmaker O Luxe for an estimated $114 million according to the Nikkei Asian Review. GLM, labeled Japan’s Tesla, unveiled its electric supercar, the GLM G4, at the Paris Motor Show in October 2016. The GLM with a range of 400km (234-mile NEDC) has a total system output of 400kW and torque of 1,000N.m accelerating to 100km/h in 3,9 seconds reaching a top speed of 250km/h. The start-up evolved from a Kyoto University venture in 2010 and made ripples with its Tommykaira ZZ prototype (left below) earlier the year which features the worlds first resin windshield. O Luxe shares rose 21% on the news while GLM dropped 19.6%.
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