The story
Aurica Motors was registered as a limited liability company in California on March 15, 2010. Five days earlier, the start-up publicly announced its long-term desire to save the NUMMI factory and thousands of plant and supplier jobs. “We want to keep the plant open, and we believe we have a very viable plan to do so by manufacturing electric cars,” said Matt Pitagora, general manager of Aurica. “It's all about keeping the lights on.”
Aurica said that it would finance the endeavor with an aggressive campaign to garner Federal economic stimulus funding and find investors. The company estimated that it would need nearly $1 billion in combined financing to retrain workers and get the factory up and running. Aurica claimed to have begun negotiating with NUMMI in early 2010 to discuss the plant's future but a plant spokesman said on March 10 that “there has not been an opportunity for productive discussions with Aurica.”
Pitagora has so far refused to release details to the public on to current investors and amount of financing already obtained.
On March 30, 2010, Aurica released a press release stating that it had gained two new partnerships to further their goals. The company announced that it partnered with the Clean Tech Institute (CTI) of San Jose, California to develop training curriculum on electric auto manufacturing with the intent of offering it to NUMMI plant staff. CTI released further details on its Web site indicating that it would offer two different intensive programs to NUMMI staff: a photovoltaic specialist course and a more entry-level electrical systems course.
Aurica also announced a partnership with Motive Industries, a specialized vehicle manufacturer based in Calgary, Canada. Motive has already supplied a series of concept car designs to Aurica for public display.
With the May 20, 2010 announcement of the purchase of the NUMMI plant by Tesla Motors, Aurica's bid to purchase the factory ended. However Aurica stated on its website that it would still attempt to work with former NUMMI employees to retrain them for “work manufacturing Aurica electric cars in the Silicon Valley.” The startup hasn't made it clear if it has alternative manufacturing sites in its future plans.
From Wikipedia’s article on Aurica Motors, shared under CC BY-SA 4.0.4