Clive Sinclair 1985 owing to Sinclair's financial troubles.) The following year, he received a knighthood and formed Sinclair Vehicles Ltd. to develop electric vehicles, which resulted in the unsuccessful Sinclair C5 in 1985. In 1984, Sinclair launched the Sinclair QL computer, intended for professional users. Development of the ZX Spectrum continued with the enhanced ZX Spectrum 128 in 1985. In April 1986, Sinclair Research sold the Sinclair trademark and computer business to Amstrad for £5 million. Sinclair Research Ltd. was reduced to an R&D business and holding company, with shareholdings in several spin-off companies, formed to exploit technologies developed by the company.
Sinclair Radionics on the NewBrain microcomputer project, which was later taken over by Newbury Laboratories. In May 1979, the NEB announced that it intended to sell Radionics' calculator and TV interests; they were bought by the ESL Bristol group (as Radionic Products Ltd.) and Binatone respectively. In July Clive Sinclair resigned with a £10,000 golden handshake. In September the NEB renamed what was left of Radionics (i.e. the scientific instrument business) as Sinclair Electronics Ltd.; in January 1980 this was changed to Thandar Electronics Ltd. As of 2008 this business continues, now called Thurlby Thandar Instruments. When it became clear that Radionics