Faam: Recharging the battery of the economy


A native of the Marches region, Federico Vitali is mad about mechanics (he got into business almost for fun at the age of 20) and started up Faam without resorting to financial aid from the Southern Italy Development Fund. Today, the group has three factories in Italy and two abroad – in China and Uruguay – and firmly believes that there is a future for electric vehicles: the company also produces an electric bicycle and environment-friendly vehiclesthat will be used in the Beijing stadium at the 2008 Olympics.

A native of the Marches region, Federico Vitali is mad about mechanics (he got into business almost for fun at the age of 20) and started up Faam without resorting to financial aid from the Southern Italy Development Fund. Today, the group has three factories in Italy and two abroad – in China and Uruguay – and firmly believes that there is a future for electric vehicles: the company also produces an electric bicycle and environment-friendly vehiclesthat will be used in the Beijing stadium at the 2008 Olympics.

 

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