Clive Sinclair recognised for its importance in the early days of the British home computer industry. Sinclair Research also produced the TV80, a flatscreen portable mini television utilising an ingenious cathode ray tube however, LCD television technology was in advanced development and the Sinclair FTV1 (TV80) was a commercial flop, only 15,000 units being produced. Knighted in 1983, Sinclair formed Sinclair Vehicles and released the Sinclair C5, a battery electric vehicle that was also a commercial failure. Since then Sinclair has concentrated on personal transport, including the A-bike, a folding bicycle for commuters that weighs and folds down small enough to be
Sinclair C5 selling some of his own shares in Sinclair Research to fund a separate company that would focus on electric vehicles. A £12 million deal was reached in March 1983, of which £8.3 million was used to fund the establishment of the new Sinclair Vehicles company. Sinclair recruited Barrie Wills, a veteran former employee of the DeLorean Motor Company, to lead Sinclair Vehicles as its managing director. Although Wills initially expressed scepticism about the viability of an electric vehicle – his twenty-five years in the motor industry had convinced him that an electric car was never going to happen – Sinclair