Lee Iacocca, the former car czar who masterminded the Ford Mustang and Chrysler minivan, is now trying his luck on electric vehicles (EVs). Electric bicycles, to be exact. Mr. Iacocca now heads EV Global Motors Co., a new company that manufactures an electric bicycle called E-Bike. Mr. Iacocca expects to start selling the $995 EV this year through participating auto dealers. Mr. Iacocca says his product is a recreational lifestyle tie-in to sport/utility vehicle buyers and feels the two ...

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