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FOR IMMEDIATE RELEASE NEW DETROIT-BASED START-UP TO PRODUCE A LOW SPEED ELECTRIC VEHICLE DETROIT, MI, March 6, 2007 --/WORLD-WIRE/-- A new Detroit company is ready to start production of an urban-based electric Low Speed Vehicle (LSV). The product, EcoVElectric, is a road-worthy commercial fleet vehicle with pricing starting under $10,000. Why another electric golf cart? EcoV is far from a golf cart! In fact, EcoV is not for use on a golf course. EcoV is for daily transportation on public roads with speed limits of 35 mph or slower, and it provides a safe, comfortable driving experience. Road-worthy 
The team that invented EcoV for EnVironmental Transportation Solutions, LLC is made up of ex-OEM automotive experts, whose knowledge extends from the boardroom to the factory floor to the showroom. They know how to develop and market a safe, comfortable and reliable product for the sustainable vehicle niche.
EcoV is a small mini-car/utility vehicle. Under the attractive bodywork is a welded tubular steel frame similar to that in a race car. EcoV uses current technology, and is built with proven, readily available automotive and industrial components. EcoV is fun, practical and functional. At $11,500, as seen in the first photo, EcoV is budget- and environment-friendly. The owner, Richard Marks, spent 25 years with General Motors, including five on the EV1 electric vehicle. He then worked for Tier 1 suppliers and during the past four years has been developing EcoV in a full-time, self-funded effort. His "secret sauce" is the unique integration of product, suppliers and process. Low Speed Vehicles 
Street legal in 45 states and limited by law to a 25-mph maximum speed, Low Speed Vehicles offer a real urban transportation solution. EcoV has no emissions, requires no trips to the gas station and is virtually maintenance-free.
With 50¢ of electricity out of a wall outlet, EcoV is recharged and ready to go another 25-40 miles. EcoV is designed for four or six passengers with a rear flip seat to convert to a utility vehicle and pick-up, all with a 1,000-pound payload capacity. When and where available? 
EcoV needs investors to move to the next level. Unlike other electric vehicle companies, EcoV requires only a modest investment and will break even on 1,050 units/yr. With an experienced management team, arrangements to use an existing niche vehicle production line in an empowerment zone, and a realistic marketing plan initially targeting commercial fleet buyers, EcoV can be in production in 9 months. Initial sales will be regionalized and direct; volume production starts in 2009 and retail soon thereafter.
Find out more at www.EcoVElectric.com. Source: EnVironmental Transportation Solutions, LLC |
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