Phoenix Motorcars Takes First Fleet Pre-Sales Orders for Its All-Electric, Sport Utility Truck.Company on Track to Sell 500 Zero-Emission Vehicles in 2007 ONTARIO, Calif. -- Phoenix Motorcars Phoenix Motorcars is a California-based company that focuses on developing electric vehicles. At present, Phoenix partners with other corporations for development of key vehicle components, such as AltairNano's fast-charge lithium ion battery technology. has announced the receipt of 75 fleet orders from several municipalities and an utility company for its new zero-emission, all-electric, freeway-ready sport utility truck. The company, which is on target to manufacture and sell 500 fleet-ready vehicles by year's end, will produce 16 pilot-build vehicles next month. Some of the 16 vehicles will be used to continue validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of the federally mandated safety test process. The company is working with Boshart Engineering, an Ontario, California Ontario is a city located in San Bernardino County, California, United States. As of the 2000 Census, the city had a total population of 170,373. It is the home of LA/Ontario International Airport and the huge Ontario Mills shopping mall (the largest in Southern California and one company that specializes in vehicle certification services, to gain its Federal Motor Vehicle Certification. "Boshart has already made substantial progress towards certifying Phoenix's vehicles," said Dan Elliott Daniel Michael Elliott commonly known as "Dan Elliott" (Born on November 2, 1954 (Age 52) in Capinteria, California) currently anchors KXTV News10 Good Morning from 5-7am with Kelly Jackson and News10 Midday from 11-11:30am with Jennifer Smith and solo on friday. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Phoenix Motorcars. "Boshart has kept to a very aggressive timetable." The company also confirmed that in consideration for a three-year exclusivity agreement within the U.S., Altair Nanotechnologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALTI), a leading supplier of nanomaterials and high-power battery systems technology, received a 16.6 percent ownership in the company. The three-year exclusivity agreement provides Phoenix with limited, exclusive use of Altairnano's NanoSafe[TM] battery packs in four-wheel, all-electric vehicles having a gross weight up to 6,000 pounds. Phoenix must meet minimum battery pack purchases, annually, to maintain the limited exclusivity agreement. The minimum commitment to maintain exclusivity for 2007 would provide $16 Million in battery pack sales to Altairnano. The Phoenix Motorcars sport utility truck can cruise on the freeway at up to 95 m.p.h. while carrying five passengers and a full payload (1) Refers to the "actual data" in a packet or file minus all headers attached for transport and minus all descriptive meta-data. In a network packet, headers are appended to the payload for transport and then discarded at their destination. , a capability that has caught the attention of fleet dealers, consumers, Hollywood and the media. It exceeds all specifications for a Type III Type III may stand for:
Phoenix Motorcars' 2007 market strategy targets operators of fleet vehicles, such as public utilities, public transportation providers, and delivery services. This market presents a significant opportunity as there are more than 200,000 fleet vehicles in the State of California alone, with an increasing number of fleet operators now seeking freeway-capable, zero-emission, all-electric vehicles. A limited number of vehicles will be available to consumers in 2007 with an expanded-consumer launch scheduled for 2008. Phoenix Motorcars will introduce a SUV model in late 2007. "These are full-sized vehicles which carry five people at freeway speeds," said Elliott. "There is tremendous pent-up demand among fleet buyers for a real zero-emission, all-electric vehicle, and we are well on our way to satisfying this market demand." ABOUT PHOENIX MOTORCARS, INC. Phoenix Motorcars Inc., a privately-held company headquartered in Ontario, Calif., has been an industry leader in the development of battery-electric, freeway-speed vehicles since 2001. The mission of Phoenix Motorcars is to manufacture zero-emission vehicles including Sport Utility Trucks and Sport Utility Vehicles This page lists sports utility vehicles currently in production (as of April 2007), as well as past models. The list includes crossover SUVs, Mini SUVs, Compact SUVs and other similar vehicles. to reduce the toxic emissions from the largest contributor to air pollution, personal automobiles. For additional information, visit www.phoenixmotorcars.com. For photos, background information or fact sheets, visit the Phoenix Motorcars Media Room. |
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