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Optimal Energy Scraps Electric Car Project, Business Day Says

April 19 (Bloomberg) -- Optimal Energy Ltd. scrapped plans to build South Africa’s first electric car after failing to get government funding, Business Day said, citing Chief Executive Officer Kobus Meiring.

The company will focus on developing an electric bus, the Johannesburg-based newspaper said.

Story Link:{NSN M2PN0U6S9728<GO>}

To contact the editor responsible for this story: Vernon Wessels at

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