Two Utahns ditched their corporate jobs to create a new business: Find old Porsches, rip out their gas-guzzling guts, and replace them with new battery packs and salvaged Tesla electric motors.
Martine Prouty and Kyle Palmer, with their company, The Current Exchange, are electrifying a 1989 Porsche 911 Cabriolet. They were photographed in Salt Lake City on Wednesday, April 13, 2022.Kyle Palmer and Martine Prouty are new to the business of giving classic cars a modern spin.
Now, the two behind The Current Exchange are working alongside their shop dog, Marley, in an old boiler shop at 1159 S. Richards St. in the Ballpark neighborhood, converting their first car, a white 1989 Porsche 911 Cabriolet, into a fully electric vehicle. Owning an electrified classic car is easier than traditionally renewed classics with combustion engines, he said, because they’re more reliable. Plug it in, do some basic maintenance every 50,000 miles, and owners are ready to zip around in their weekend cruisers.
Aside from a $100,000 loan the startup is seeking from Salt Lake City, The Current Exchange is a self-funded endeavor by Palmer and Prouty. They plan to use the loan, which still needs City Council approval, to buy inventory. Prouty hopes to keep developing the product, hire locally and be a part of the revitalization of the Ballpark area.
They’ve always been car guys, but didn’t study automotive engineering when they attended Arizona State University together. Palmer, who has some experience in the auto industry, took courses at Weber State University last year to prepare for a new career in electric vehicles.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York Public Service Commission Approves Two Milestone Climate InitiativesNew York Public Service Commission approved a program called Tier 4, which will facilitate the delivery of approximately 3,000 megawatts
Read more »
Two-time cancer survivor gets married for the first time in her 70s: 'Never give up'Audrey Parker survived colon cancer and breast cancer to finally marry the man who stood by her side during the 10-year ordeal.
Read more »
US assesses two Ukrainian missiles struck Russian warshipRussian preparations continue in the east for an offensive operation, training additional units and gathering aviation forces, according to Ukraine's armed forces. Follow here for live news updates.
Read more »
Two charged with murdering man in TacomaPolice found a man dead inside a car in the parking lot of a Tacoma apartment complex parking lot in Dec. 2021.
Read more »
Man in Florida who stopped to help is one of two dead after head-on crashTwo Florida residents died after a head-on collision on U.S. 301 involving an SUV, two pick-up trucks, and a semi-truck early Thursday morning.
Read more »
‘Dual’ review: Two Karen Gillans, one deadpan dark comedy'Dual,' the latest from director Riley Stearn, s set in a near-future sci-fi world in which terminally ill patients are encouraged to make clones of themselves who can go on living in their place. What could possibly go wrong? FOX film critic Caroline Siede reviews this pitch-black comedy, which stars Karen Gillan ('Guardians of the Galaxy') and Karen Gillan ('Doctor Who').
Read more »