Published:
Electric Car Company, Inc. Selected to Receive Grant From Department of Energy
Grant Requires Company to Convert a Diesel Powered Transit Shuttle Bus to a Premium 100% "Pure Electric" Drive-Train
Electric Car Company, Inc. (OTCBB: ELCR), a
vehicle conversion Company that specializes in electric conversions and
manufacturing for the Livery and Fleet Markets, today announces that it has
been selected to receive a grant from the Department Of Energy (DOE) under
the clean cities FY09 Petroleum Reduction Technology for the Transportation
Sector Act.
The DOE grant sponsored by the Ozark Center for Sustainable Solutions calls
for Electric Car Company, Inc. (ECC) to convert a Transit Shuttle Bus
equipped with a 275HP Cummins diesel engine into one with a full electric
drive-train.
Specifications requires ECC to replace the diesel engine in the shuttle bus
with a premium 100% "Pure Electric" drive-train that will have a 150 mile
travel range between charges at an average speed of 55 MPH and a top speed
of 85MPH. The bus will also be equipped with air conditioning, quick
response electric heating, full Regenerative Braking resulting in shorter
stopping distances, all while reducing interior noise levels by 40%. The
new engine and rechargeable Lithium Ion batteries are expected to have an
average life of 450,000 miles.
This Grant will give ECC the opportunity to exploit a new image that the
electric power-train provides to the commercial fleet industry and become
well known across the general population for being among the first "Green"
commercial fleet manufacturers. Electric Car Company, Inc. will then be
able to demonstrate to its customers how they can realize an 80% or greater
reduction in costs over the life of their fleets while operating a "zero
emissions" vehicle, effectively having almost no negative impact on the
environment.
"This is just about the best news we've received since we started on this
path," stated Gary Spaniak, CEO of Electric Car Company, Inc. "By getting
the nod from the EPA (Environmental Protection Agency), it reaffirms that
our conversion process is not only going save companies and municipalities
a lot of money, it's also going to contribute to a greener economy and a
greener planet."
www.electriccarstocks.com
About Electric Car Company, Inc.
Electric Car Company, Inc., (OTCBB: ELCR) is a vehicle conversion Company
that specializes in electric conversion and manufacturing for the livery
and fleet markets including corporate VIP, Party Buses, Municipal Buses and
Delivery Vehicles. The company brings together businesses specializing in
customizing vehicles & powertrains. This proven business strategy is
building a dominating presence in the aftermarket automotive up-fitter
segment, including, but not limited to "PURE ELECTRIC" cars, liquid propane
conversions, limousines & other livery vehicles, specialty fleet vehicles,
classic automobiles and custom restorations.
The Company fully expects to have the first zero emissions, "PURE ELECTRIC"
livery vehicle ready to unveil by first quarter, 2010. The long-term
strategy is to offer and expand the company's line of products that will
revolutionize the specialty automotive vehicle market.
Electric Car Company's wholly owned subsidiary, Imperial Coach Works, Inc.
and its custom manufacturing division Imperial Coach Builders, Inc., is a
limousine and specialty vehicle manufacturing entity that operates out of a
60,000-sq/ft facility in Springfield, MO., www.limoland.com.
Forward-Looking Statements
Safe Harbor Statement under the Private securities Litigation Reform Act of
1995: The statements contained herein, which are not historical, are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements including, but not limited to, certain delays
beyond the Company's control with respect to market acceptance of new
technologies, products and services, delays in testing and evaluation of
products and services, and other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission.
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
Daily News
Tags: ,Automotive:Cars, Automotive:Repair and Restoration, EnergyandUtilities:AlternativeEnergy, Environment:AirPollutionControl, Environment:NaturalResourceManagement, Environment:RegulationsandLaw, TransportationandLogistics:PublicTransportation, ,OTCBULLB,OTCBULLB,OTCBULLB,MO,SPRINGFIELD, MO