Click here to Skip to main content
LATEST HEADLINES - NBA NEWS

Prokhorov plans to sell new line of hybrid cars in 2012


Posted Dec 13 2010 12:54PM

MOSCOW (AP) -- The Russian billionaire owner of the New Jersey Nets has introduced a new line of hybrid cars -- called "Yo'' -- that he hopes to begin selling in 2012.

Mikhail Prokhorov said Monday the cars, powered both by gasoline and electricity, are "socially important products'' that he hopes will "overcome existing stereotypes ... that Russia cannot make normal cars.''

The vehicles are to be sold in three models - sedan, sporty and a small truck - with an expected price of around $10,000 (€7,550).

The name is written in Russian by the letter E with two dots over it.

Prokhorov, who amassed a fortune in banking and metals, bought a majority share in the basketball team this year.

SEARCH NEWS
LATEST VIDEOS
photoOld School Power Rankings: 12/15
Check out the latest old-school power rankings on NBA.com
photoNBATV Update
Beau Estes has Friday's NBA headlines.
photoKia Race to the MVP Ladder 12/15
Be sure to check out the latest MVP Ladder on NBA.com.
photoNBATV Update: 3 Pointers at 3p
Beau Estes delivers today's NBA headlines.
photoIt's From The Sole: NBA Referees Donate Shoes for a Great Cause
Go all-access as Zach Zarba and NBA Referees donate their game shoes to Andre McDonnell's "It's For the Sole" non-profit organization dedicated to supplying footwear to the homeless.

Copyright © NBA Media Ventures, LLC. All rights reserved. No portion of NBA.com may be duplicated, redistributed or manipulated in any form. By accessing any information beyond this page, you agree to abide by the Privacy Policy / Your California Privacy Rights and Terms of Use. | Ad Choices Ad Choices

NBA.com is part of Turner Sports Digital, part of the Turner Sports & Entertainment Digital Network.