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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]

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.

Chesapeake Forms $1 Billion Fund to Boost Natural-Gas Demand

Wednesday, July 13th, 2011

Chesapeake Energy Corp. (CHK), the most- active U.S. natural-gas driller, will form a $1 billion fund to invest in companies that develop infrastructure or technology to increase the use of gas as a motor fuel.

For the fund’s initial investments, Chesapeake will spend $155 million to buy half of closely held Sundrop Fuels Inc., which plans to build a plant to convert gas and waste products into motor fuel, the Oklahoma City-based company said in a statement today. The plant is expected to open in 2013 with a capacity of 40 million gallons of fuel a year.

It will also spend $150 million over three years on bonds issued by Clean Energy Fuels Corp. (CLNE), a company that builds fueling stations for heavy trucks that run on gas instead of diesel fuel. Chesapeake will make the current and future investments via Chesapeake NG Ventures over the next 10 years, it said.

“What we’re trying to do is create a demand revolution that will have even more benefits than the supply revolution that our company helped create in the last five years,” Chesapeake Chairman and Chief Executive Officer Aubrey McClendon said in an interview.

Chesapeake and other gas producers are hoping that converting cars and trucks to using gas can help boost prices that have declined by 68 percent in the past three years as production climbed. Prices have dropped to an average of $4.288 per million British thermal units this year, after reaching $13.577 in 2008.

Gas Infrastructure Play

“It’s really the largest natural-gas vehicle infrastructure play to date,” Clean Energy Fuels Chief Executive Officer Andrew Littlefair said of Chesapeake’s plan in an interview.

About 1,600 of the more than 3 million heavy trucks in the U.S. — defined as those with a gross vehicle weight of more than 33,000 pounds (15,000 kilograms) — run on liquefied natural gas, or LNG, Littlefair said. Manufacturers are beginning to roll out new engines for the long-haul tractor trailer rigs that run on LNG, he said.

LNG sells for $1.50 to $2 less a gallon than the equivalent amount of diesel and produces less carbon dioxide and other pollutants when burned, Chesapeake said in a statement.

Clean Energy Fuels will use the investment to add about 100 new fueling stations on major highways, Littlefair said. The company, co-founded by Littlefair and Dallas billionaire T. Boone Pickens and based in Seal Beach, California, has about 240 fueling stations already.

Demonstration Plant

Chesapeake chose to invest in Louisville, Colorado-based Sundrop because its technology may be able to produce a liquid from natural gas that costs about the same as LNG, McClendon said. Sundrop is backed by Oak Investment Partners and Kleiner Perkins Caulfied & Byers, according to its website.

“We certainly think the demonstration plant is going to prove the efficacy of the technology and the compelling nature of the economics underneath it,” McClendon said.

Chesapeake has begun converting its fleet of 4,500 light trucks to run on compressed natural gas. The company will convert 100 of its drilling rigs and some of its fleet of hydraulic fracturing equipment to run on LNG, it said today.

Converting the rigs and fracturing equipment will cut the company’s diesel fuel consumption by about 350,000 gallons a day, according to the statement.

Chesapeake is operating 157 drilling rigs in the U.S. this week, the most among oil and gas producers, according to data from Baker Hughes Inc.

Story by:
Mike Lee

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