.. Scott Redmond, CEO of XP Vehicles Inc., said he met with DOE officials twice in Washington after applying for a $40 million loan to develop a $15,000 to $25,000 hybrid, and that both times he was told his application looked good. Since receiving a rejection letter from DOE in August, Redmond said, he has been unable to get a full explanation as to why his request was turned down.
Mr. Rogers said he was not at liberty to discuss individual applications that had been turned down, but said the process has been handled fairly and objectively. ..
Interesting.. check out their ex-employee Randy Mui on linkedIn:
Managing Director
Active Solutions
(Market Research industry)
1999 Present (10 years)
High tech consultant specializing in business development and marketing. Consulting services provided to the semiconductor, optical communications, machine health, sensor, metrology, and water industries. Clients have included SEMI, Avanex, Bandwidth9, EquipnetUSA, Photon Dynamics, and Metara Inc. Currently, assisting a client to develop metrology solutions for use in safeguarding drinking water production.
CEO
XP Vehicles, Inc.
(Privately Held; Automotive industry)
2008 2009 (1 year)
XP Vehicles, Inc. is an early stage, electric powered automotive start up, using inflated membranes to enable a safe, durable, and energy efficient vehicle.
Executive VP and Chief Operating Officer
RAE Systems
(Public Company; 501-1000 employees; RAE; Electrical/Electronic Manufacturing industry)
2003 2008 (5 years)
Global responsibility for product marketing, marketing communications, product certification; US, Canadian, and Latin American sales, two tier channel management of over 130 distributors, distributor service centers, profit and loss, and US engineering.
Directly responsible in 2008 for over $45M in company revenue at 15% operating margins.
Initiated or oversaw the development of most of the processes used in sales, sales compensation, channel management, service, product marketing, product roadmaps, promotion, product development, budgeting, web strategy, and staff recruiting and development.
Managed a direct staff overseeing a 130 person organization.
Motivated the organization through a clear vision, open door policy, twice daily tours through the facility, weekly staff meetings, monthly company meetings; monthly lunches with a cross section of employees from the organization, recognition programs, fair compensation, career planning, and achievable objectives.
VP, Marketing
Metara Inc.
(Electrical/Electronic Manufacturing industry)
2001 2003 (2 years)
Responsible for the company's product marketing, corporate marketing, Marcom, business plans, and Asian sales, including:
Product roadmap, sales collateral (brochures, videos, Q&As, etc), cost of ownership analysis, and competitive analysis;
Investor collateral including business plans, due diligence packages, corporate presentations;
Primary interface with Asian distributors and sales, including such customers as Toshiba, NEC, Fujitsu, TSMC, Chartered, among others.