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Archive for the ‘CNG in the News’ Category

EVCARCO’s Corporate Development Update Regarding its Future Driven® Brand

Friday, March 23rd, 2012

Fort Worth, Texas – EVCARCO Inc. (OTCBB:EVCA) (OTCQB:EVCA), a Future Driven® Automotive Retail Group today announced updates to the shareholders and investment community on recent corporate developments, future plans, growth strategies, capital needs and changes to its share structure.

The Company has been working diligently to cultivate several, potentially valuable joint partnerships, identify new markets with products that provide carbon reduction technologies, sales channels, and sources of revenue.

As the Company moves forward, it continues to operate from its Micro-New Car Dealership in Ft.Worth, Texas that has generated cumulative gross revenues of $2,208,948.00, as of the last reported period of September 30, 2011. These revenues represent sales of new electric cars, EV charging stations, and pre-owned vehicles. The Company also continues to expose and market its Master Franchise and Single Locations Franchises opportunities of the Future Driven® Dealership Franchise.

On February 22, 2012, the Company announced that it signed a Memorandum of Understanding (MOU) with HFX Laboratories, Inc. regarding the market development, testing and licensing of the HFX4 Hydrogen Hybrid Combustion/Fuel Enhancement Systems. The Company is currently conducting tests of the HFX4 Hybrid System. The system produces hydrogen for use as a catalyst in the vehicle’s combustion system. The hydrogen catalyst is introduced into the vehicle’s air intake to completely utilize the fuel in the combustion process. The goal is to find in EVCA’s Due Diligence, results of 20% to 35% improvement in MPG and a reduction in emissions in the range of 60%, depending on engine efficiency.

Mack Sanders, CEO of EVCARCO, stated, “We have continued to work on expanding and growing acceptance of environmentally friendly vehicles. With recent increases in gasoline and diesel, we expect more consumers will feel the pain at the pump and embrace our products.”

Effective November 30, 2011, the Company amended its Articles of Incorporation to increase authorized capital. The increase was necessary in order to accommodate conversion of debt taken on over the same year. As of the date of this release, significant portion of the convertible notes payable has been paid off.

For more information on EVCARCO, Inc., please view: www.evcarco.com.  Shareholder inquiries should be directed to (972) 571-1624.

EVCARCO Inc. is a Future Driven® Automotive Retail Group focused on deploying a coast-to-coast network of environmentally friendly franchised dealerships, vehicles, technologies and sustainable solutions. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufacturers.

Forward-Looking Statement

This release contains forward-looking statements that reflect EVCARCO Inc. plans and expectations. In this press release and related comments by Company management, words like “expect,” “anticipate,” “estimate,” “forecast,” “objective,” “plan,” “goal” and similar expressions are used to identify forward-looking statements, representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

Investor Relations Contact:

Jack Eversull

The Eversull Group, Inc.

972-571-1624

214-469-2361 fax

[email protected]

EVCA CNG Industry Article: Better Business with Compressed Natural Gas (CNG)

Thursday, December 15th, 2011

In August of 2011, the California-based “Fresh and Easy Neighborhood Market” proudly announced the use of 25 Compressed Natural Gas (CNG) operated vehicles within its distribution fleet. This is a reflection of the company’s desire for and policies around the use of less energy than most of its competitors in the food industry. What needs to be assessed in this solid example of earth friendly “big business” is how this use of Compressed Natural Gas (CNG) is passed on to shoppers in the form of reduced food costs.

Here’s how it works – the company already has hybrid refrigeration units that transport food and yet keep it at safe temperatures while in motion or parked at delivery and storage locations. They worked with the United States Department of Energy, the California Energy Commission, the Southern California Association of Governments Clean Cities Coalition, and Ryder System, Inc. to purchase the fleet of Compressed Natural Gas (CNG) delivery trucks that would produce 30% fewer emissions than other vehicles of the same size and transportation capabilities.

By using the hybrid cooling along with the advanced Compressed Natural Gas (CNG) delivery equipment, the company is dramatically cutting transportation, storage, and refrigeration expenses. By doing this they can then reduce the costs of the foods that they sell in each of their stores. For example, if it now costs 20% less to obtain and distribute strawberries, this will be reflected in a notable decrease in the cost of the fruit when put up for sale.

This sort of system proves that CNG fleet vehicles are one of the best ways to save the environment while simultaneously helping consumers to enjoy more affordable lives. What is interesting to note is that this same sort of approach could leave consumers open to some of the abuses that the major fuel companies have perpetuated. Consider that the Pakistani government has continually increased the prices of commuter tickets even as they rely on thousands of CNG vehicles. The reasoning for the escalating prices is open to dispute, but many believe that it has to do with the desire of the government to pass on financial difficulties to the consumer market even as the costs of operating public transportation decline.

What this all means is that there is a tremendous amount of potential in the CNG vehicle industry. It also shows that some of the world’s most polluting vehicles can be easily replaced with buses and trucks that produce around 30% fewer emissions, with some reaching around 90% fewer emissions too.

A Solid Look at Compressed Natural Gas

Thursday, September 22nd, 2011

The need for an alternative to gasoline and diesel has certainly been made clear over the past couple of decades.  Presidents and legislators alike have promised to funnel money into funds to help find alternative fuels, and car manufacturers are working tirelessly to create vehicle that do not require these fuels.  One proposed solution that is gaining a fair amount of popularity in the automotive world is compressed natural gas.  While this is still a fossil fuel that can emit greenhouse gases, it is considerably greener than its predecessors, does not increase carbon concentrations in the atmosphere, and can even be produced from landfills and wastewater.

It is already possible to convert vehicles to compressed natural gas, and surprisingly, many transit companies have already done so.  Many states even offer rebates and tax incentives to companies operating large fleets of vehicles who are willing to convert the fleets to use this newer, cleaner source of energy.  Arkansas, for example, just put $2.2 million into a fund that is available until December 2011 for companies looking to convert their fleets. The money is available to fleets belonging to public entities as well as any private fleet that operates ten or more vehicles, as long as at least four of them are converted.

Within the week since Arkansas made the announcement that they would be providing these monies, they have received numerous calls expressing interest.  Because the money is first come, first served, the state is hoping that many will take advantage of the program quickly.  Rebates will cover half of the cost of purchase, up to $25,000, provided the equipment installed is certified by the EPA and meets all of their requirements.

So, what is stopping companies throughout Arkansas from taking advantage of the money immediately?  The best guess is that it is likely logistics.  Finding the right place to have a conversion installed and finding a ready source of compressed natural gas that can be used as needed is not yet as easy as many public vehicles need it to be.  The move towards more eco-friendly vehicles is certainly picking up steam, but until there are reliable sources of alternative fuels or charging stations for electric cars, many motorists are still going to have to wonder how they will venture far from home without the need to drive significantly out of their way to refuel.  The good news, however, is that governments and alternative energy companies everywhere are working to address that even as we speak.

A Little Known Worldwide Phenomenon: Natural Gas Powers Cars

Unlike using solar energy to power cars, this is still very underground as far as green movements go. Yet, nonetheless, it’s making an impact worldwide; using compressed natural gas (CNG) to power cars is a green phenomenon. But how does it work? Can a fossil fuel really be green? These and other questions permeate the mystery behind natural gas as a fuel for cars.

What is natural gas?

Natural gas is a byproduct of oil drilling. It can be obtained from petroleum reservoirs as a multi-component gas. It consists of about 90% methane and 10% other gaseous hydrocarbons. It is refined and compressed into tanks or cylinders to be used in cars and other market uses. CNG is nothing new to commercial fleet operators. Honda has been selling the gas for over eighty years. UPS is a notable buyer.

How does it work?

Engines in natural gas cars are similar to conventional gasoline engines. They are, however, fitted with custom engine modifications or add-ons that allow it to run on natural gas. Engines can be built to run on natural gas or, in some cases, gasoline engines can be converted to utilize the gas. The engine works similarly to a gasoline engine. It uses pistons (spark plugs) to generate motion using fuel combustion. However, natural gas varies in its flammability, volume, and ignitability.

Natural gas is also stored in the car in a similar manner to conventional gas, usually in the rear of the car. The natural gas fuel tank contains cylinders which hold the gas under around 3,000 pounds of pressure to conserve space. The cylinders are protected from impact with metal buffers.

Advantages

  • Natural gas cars are considerably less expensive to run than gasoline-powered cars. On average, natural gas costs 30% less than gasoline. Furthermore, it is possible to refuel your car at home using your household natural gas line.
  • Natural gas, although it is a hydrocarbon, burns much cleaner than conventional gasoline. In fact, natural gas vehicles can reduce carbon monoxide emissions by 90%.
  • Safety is also a notable advantage for natural gas vehicles. They are considered safer because of the reinforced fuel tanks which makes them more resistant to leaks and punctures.

Disadvantages

  • One disadvantage for natural gas cars is smaller passenger space due to that large, reinforced fuel tank. And while they burn cleaner, natural gas cars have less fuel efficiency than gasoline cars.
  • Secondly, while it burns much cleaner, natural gas is a fossil fuel and a non-renewable resource.
  • Another issue, for now, with natural gas is the lack of fueling stations for fill-up. If you do not have natural gas running to your home, it is often not feasible to own a natural gas vehicle.

Nonetheless, natural gas is a readily available, domestic resource that could easily make a huge difference in greenhouse gas emissions. There are over 8 million natural gas cars in use worldwide. In 2006, Honda introduced the Civic GX, its first natural gas vehicle. Popular Science did a year-long study of the car, creating an excellent resource for information on natural gas cars and their day-to-day function.

Compressed Natural Gas in the State of California

Tuesday, August 23rd, 2011

All across the nation, car manufacturers, governments, researchers, and consumers alike are looking for a better, cheaper, and more environmentally friendly alternative to the use of traditional high emitting fossil fuels in private and publicly owned vehicles.  While there have been a number of solutions offered, created, and marketed, however, none seem to be making it into the mainstream.  Many consumers worry about the availability of fuels or charging options, while for others, the cost effectiveness of a vehicle versus the availability of energy for it certainly play a role.  Compressed natural gas is an excellent alternative to fossil fuels, and California is working hard to make it accessible to the population.

There is much for consumers to appreciate about compressed natural gas.  It is odorless and non-corrosive, weighs less than air, does not increase carbon concentrations in the atmosphere, and is considerably greener than traditional fuels.  But what many are quick to note is that, unlike oil, over 99% of our natural gas comes from North America.  While greatly increasing our consumption of the substance will change this, research indicates that the percentage of compressed natural gas imported from countries outside North America would still be far lower than our current rate of oil import. Continue reading “Compressed Natural Gas in the State of California” »

Virginia Alternate Fuel Vehicle Bill Signing

Wednesday, August 17th, 2011

In a bold and sort of unexpected move, Virginia Governor Bob McDonnell has signed an executive order calling for widespread use of natural gas, electric or other alternative-fueled vehicles throughout the Commonwealth.

The Virginia Office of Fleet Management Services, which oversees approximately 4,000 passenger-type vehicles used by some 175 state agencies and institutions, will be tasked with replacing much of its fleet with alternative-fuel vehicles.

Effective immediately, Virginia is to, “pursue all practicable and cost-effective options to promote the use of alternative fuel vehicles.” Increased use of alternative fuel vehicles holds, according to Governor McDonnel, the potential to, “reduce our dependence on foreign oil, support the expansion of private-sector businesses and create new jobs here in the Commonwealth.”

Governor McDonnell says the state’s “all fuel approach” provides the Commonwealth with the best opportunity to meet its goals. Hit the jump to check out Virginia’s approved list of alt-fuel vehicles.

New public CNG fueling station opens in Oklahoma

Saturday, August 13th, 2011

Chesapeake Energy Corp. and the OnCue Express convenience store chain announced Wednesday they have teamed up to bring six compressed natural gas fueling stations to Oklahoma this winter.

CNG stations will be opened Jan. 12 to 18 at Chesapeake’s field offices in Weatherford, Waynoka, Lindsay, Arkoma and Wilburton.

The sixth station will be opened later in El Reno. Continue reading “New public CNG fueling station opens in Oklahoma” »

Fresh & Easy Neighborhood Market added 25 compressed natural gas vehicles

Saturday, August 13th, 2011

Fresh & Easy Neighborhood Market has added 25 compressed natural gas (CNG) vehicles to its distribution fleet in an effort to reduce emissions.

The new natural gas vehicles produce 20% to 30% less emissions than comparable diesel vehicles and are part of the company’s larger environmental efforts.

The vehicles were made available through a $38.7 million Ryder/San Bernardino Associated Governments (SANBAG) project that is part of a joint public/private partnership between the U.S. Department of Energy, the California Energy Commission, the Southern California Association of Governments Clean Cities Coalition, and Ryder. Continue reading “Fresh & Easy Neighborhood Market added 25 compressed natural gas vehicles” »

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