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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]

So you don’t think Americans will pay $5 per gallon of gas?

Wednesday, March 14th, 2012

Think the cost of the gallon won’t ever go to $5? Think again, say experts, a number of whom even predict we’re able to be seeing $5 gas countrywide through the end of 2012, because of tensions in the middle East and elevated demand from nations like India and china.

Will $5.00 per gallon push most Americans over the edge?

In either case, People in America seem to be approaching the tipping point when it comes to gas prices and overall investing, based on the outcomes of a Gallup Poll launched at the begining of March. One of the survey participants, 28 percent stated that the cost close to $4 per gallon could be enough to allow them to change their lifestyle and reduce investing elsewhere, while 14 to 17 % will be ready to make individuals changes at present day prices. The typical cost for “common, serious effects” for investing and lifestyle designs, based on Gallup, is $5.30 per gallon.

We requested people of Yahoo! Contributor Network to mirror on the potential of $5 gas and share how rising costs will affect their very own driving habits. Their reactions are below.

“Although I is going to do things i can to handle high gas prices, you will find several things I will not do. I do not like public transit and so i will not have a bus or train. I additionally tend not to commute by bicycle. In my experience, it’s an excessive amount of to need to change my clothes at work bathroom after you have sweaty.” — Laura Cone

“I’ve made the decision which i will walk more towards the places near to the house. This is not merely ‘green’ but additionally saves money. I understand which i would need to become more careful in arranging my daily errands. They’ll take more time if I walk. I additionally have made the decision to consider public transit whenever you can. The buses during my city operate on gas. I’ll cut back money basically purchase a bus pass instead of driving every single day.

“The truth is that, as gas prices rise, it is not only the vehicle costs which go up. Transport price of goods is immediately affected. During these uncertain occasions throughout the economy overspending on anything is really no option.” — Hector Quiambao

“Among the greatest advantages of residing in Chicago isn’t needing to use my vehicle every single day. With public transit and thus a multitude of locations within easy reach, there’s pointless they are driving. Actually, I truly only drive my vehicle when I must leave the town. With gas at $4.39 a gallon and rising, driving my vehicle every day just is not inexpensive. If gas is actually likely to be $5 a gallon this summer time, I believe I’ll virtually stop driving my vehicle altogether. It is only not worthwhile any longer.” - Katya Gordeeva

“My husband and that i put aside $80 per week to fill each of our tanks, and that we generally utilize it all up by week’s finish. That’s $320 per month at max, our fuel finances are $350 per month. We have been discussing a very long time about buying a hybrid vehicle. If gas genuinely does achieve $5 a gallon, I believe that’ll be our breaking point. We simply will not have the ability to manage to drive standard automobiles any longer. I predict most be directly behind us if these gas prices carry on how they are.” - Marie Brandon

“We live near to work although not to affordable supermarkets or dry goods stores. We’ve already transformed our grocery along with other shopping outings. We visit town once each month. That might have to be extended to once each month .

“If this involves the homestead, high gas prices hits us hard. When the Maqui Berry farmers pay greater fuel costs, they will pass that cost onto customers. We must buy hay for the animals. The Maqui Berry farmers we purchase from will heighten the hay prices to pay for their added fuel expenses. Therefore, have small animals proprietors like ourselves, selling off breeding stock. With hay ground being converted into corn/bean fields, greater gas prices will nearly put us from creating our very own beef.” - Sherry Tomfeld

“In the past, when gasoline was initially listed in the levels there has been now, I designed a conscious option to forget about expectations and think outdoors this area. I offered my vehicle and acquired myself just a little 50cc Yamaha scooter. And I am glad Used to do. I saved 1000′s of dollars in the initial year which i rode the fast little scoot rather than my vehicle. Crazy because it sounds, the cute little motorbike has really taken care of itself several occasions in gas savings alone since i have purchased 2 yrs ago. And that is excluding the absolutely massive cut in costs I’ve completely loved on my small car insurance bills.

“The scooter is fun they are driving, also it literally will get about five occasions as numerous mpg as my old vehicle, and 10 occasions the mileage from the truck which i drove before that. I suppose the cost of $5 a gallon gas already did affect me. However I understood it would stay high for that expected future, and so i modified, and that i never looked back.” - Abby Sweet

“The rise in gas prices will not change my driving habits much, since i already plan my vehicle outings. If I have to visit 3 or 4 places, I actually do them all-in-one trip, creating a large loop rather than four separate outings. I frequent stores which are along the way I drive to operate, instead of heading out of my way. I would not imagine creating a 46-mile round visit to the “better” mall when there is a perfectly good mall 2.5 miles from the house. As well as for God’s sake, don’t request me for any ride towards the neighbor’s house.” - Kay Whittenhauer

“My greatest problem is which i drive a V-6 also it only will get about 23 miles towards the gallon, and so i am already investing about $35 every week on gas. I will attempt to drive less, meaning I won’t go in the future towards the local Dollar General simply because I would like a snack. I will need to make sure to get everything I want and can want in a single trip, so I will have to begin to make a listing of a few things i should get as i am already out. I additionally intend on reducing just how much gas I place in my vehicle’s gas tank previously, since i tend not to have $60 to fill the vehicle’s gas tank. I’m able to scrape together $5 much simpler than I’m able to $60, and so i guess I’ll be driving with under one half tank more frequently.” - Jeanne Rose

“We are really not an very wealthy family we’re middle-class without a doubt. We live pretty easily at this time, however with gas prices rising we might rapidly achieve our breaking point. We have already needed to reduce eating to cover the present very high cost gas. If your gallon of gas reaches $5 here, and stays there for lengthy, we might be instructed to purchase another vehicle that will get more mpg to counterbalance the cost.” - Theresa Goff

“If gas were $5 a gallon I’d require me to pay $100 to fill my tank, however it does not matter. At $4 and $5 a gallon, I am not likely to fill my tank. I am likely to place the minimum quantity of gas during my vehicle to obtain me with the week and that is it.” - S.L. Carroll

So what can the Obama do in order to keep fuel cost low?

Can the Leader do anything about the price of gasoline?

One further-ditch move could be for Leader Obama to tap the Proper Oil Reserve, as ended throughout the very first Iraq war in 1991, after Hurricane Katrina broken refining facilities in 2005, by Leader Obama throughout Libya’s civil war this past year. But it has generally been done like a temporary measure in reaction to 1-off supply interruptions, less an insurance policy reaction to rising prices. Indeed, experts the effect on prices has generally been temporary.

All this seems like not so good news for Leader Obama-but here’s something which might provide the Whitened House more reason behind optimism: Despite what voters say, there isn’t much evidence that oil or gas prices by themselves really are a significant element in identifying presidential elections, based on Nate Silver, the brand new You are able to Times’ record guru.

Still, prices in the pump don’t appear in isolation. The worry is they could put a crimp within the economic recovery, by departing People in America with less cash within their pockets and therefore slowing down lower consumer investing. In the event that happened, voters would probably blame Obama.

Rising gas prices have put a damper on Leader Obama’s political fortunes-54 percent from the participants to a different CBS-New You are able to Occasions poll stated they feel the leader can perform a lot to manage prices in the pump. And nearly two-thirds from the participants for an ABC-Washington Publish poll stated they disapprove of methods Obama is handling the problem. It’s possibly unsurprising that Obama saw sharp drops in the overall approval rating both in polls.

The Whitened House can’t complain an excessive amount of about using the blame for top gas prices. While campaigning for leader in 2008, Obama castigated Leader George W. Rose bush within the same problem. “You have to pay nearly $3.70 a gallon for gas-2 1/ 2 occasions what it really cost when Leader Rose bush required office,” he told an audience in Ohio at that time.

Political rhetoric aside, just how much can the leader do to manage gas prices?

Not that much. The main reason for the current spike-gas rose to $3.80 a gallon now-may be the growing tension with Iran, most experts say. That’s making traders concern about a potential conflict inside a crucial oil-creating region,  that could lead to reducing a substantial supply of the earth’s oil. Additionally, Japan continues to be using a lot more oil since shutting lower almost all of their nuclear energy plants within the wake from the Fukushima disaster this past year. As well as other conflicts in Sudan, Yemen, Syria and Libya have clogged off some production in individuals nations.

Republicans say opening the U . S . to more domestic drilling will bring prices lower. Newt Gingrich continues to be hammering on that theme recently in the mission for that Republican presidential nomination, saying he’s an agenda to lessen gas to $2.50 a gallon. But American customers are members of a worldwide marketplace for oil, and oil makes up about around three-quarters of the price of a gallon of gas, based on the Energy Information Administration. So growing domestic production wouldn’t do much to help ease prices. As well as, it might take a long time to promote and begin getting prices lower even marginally.

How about the demand side? Could not the administration bring lower the total amount People in America invest in gas by encouraging a change to more fuel-efficient automobiles-possibly by mandating that car manufacturers adopt greater gas mileage standards? Yes, eventually. However, it might take around ten years, experts say, for that effect of this change to begin to become felt in the pump.

As Jay Hakes, an old top Energy Department official, told The Washington Publish: “There’s a considerable time lag between your adoption of one’s guidelines as well as their impact available on the market.Inch

Some Dems have contended that unscrupulous investors on Wall Street are driving up prices looking for short-term profits, which the administration could ease the discomfort in the pump by cracking lower about this activity. But even when that’s happening, most professionals state that global oil marketplaces are merely too big for government bodies to police. “Should you go and set a situation limit on [contracts within the New You are able to Mercantile Exchange], fine,” energy analyst Stephen Schork told the Washington Publish a week ago. “But a lot of buying and selling is incorporated in the Brent Market, which is not in New You are able to. You’ll

EV Innovation: One inventor wants to boost EVs Range with a towable turbine

Sunday, February 5th, 2012

San Francisco’s P Youthful Museum is really a modernist copper-and-glass statement that challenges the attention and mind to consider past the quotidian. Exactly the same could be stated for that funky vehicle and it is oddball trailer parked just next door in the middle of Golden Gate Park. Should you thought the all-electric Nissan Leaf would be a walk into the near future, Phil Sadow would love you to consider again.

“What you are searching at is really a gas-powered Capstone turbine engine that spins at 100,000 revoltions per minute, but only has one moving part and may help electric vehicle proprietors circumvent the possible lack of quick-charging stations,” Sadow states, starting right into a flurry of scientific jargon that’s the San Francisco Bay Area engineer’s natural language.

When Nissan revealed its Leaf EV this past year, the wedge-like machine lifted the spirits associated with a driver disgruntled through the Who Wiped out The Electrical Vehicle? era. None much more than Sadow, who was raised criss-crossing the nation because of his father’s job using the electric golf buggy giant, E-Z-Go.

“You can tell I acquired the EV bug early, around age 7,” Sadow states.Skip forward couple ofseveral decades, which kid has become an electric engineering whiz that has become consumed with creating this version from the electric vehicle live.

“Transpire is always to make EV’s successful, because it is factoronly factor that’s likely to save us,” statesaccording to him. “The west is dependant on cars, so that is not vanishing. However when oil becomes scarce, our economy will most likely tank given our addiction to foreign oil. I simply hope what we are doing is not not enough past too far.Inch

Sadow is a component of the growing number of savvy fanatics who’re wanting to enhance whatever alternative-fuel automobiles auto producers can produce. In lots of ways, this smart number of renegades aren’t unlike the garage-based computer nerds who, in the past from the PC, compromised around to be able to find more effective methods of the machines to operate.

Hacker, however, is really a term which make Sadow wrinkle his nose. “We’re making appropriately designed items,” he states. “We are not hacking things together.”

Although Sadow themself drives a heavily modified Prius — run by a 6.5 kilowatt-hour battery power and monitoring system of their own devising — he understood that Leaf proprietors would benefit most out of his brainstorms. His first thought had related to japan EV’s 120-volt energy cord, which could re-charge the Leaf in around 20 hrs, “that is just way too lengthy to become practical.”

Joining track of fellow EV enthusiast Mark Dutko, EVSE Upgrade was created. The internet company sells re-designed Leaf energy cords for $240, which may be blocked into 240-volt connections — what most houses have for any washer/dryer or spa — therefore reducing re-charge occasions close to seven hrs. Another $25 buys a fast-220, a forked adapter that enables the Leaf to charge off two separate 110-volt shops.

Dutko will not release sales figures, but he states EVSE Upgrade has put connects to the hands close to 15 % from the nation’s 7,000 Leaf proprietors. Nissan hasn’t endorsed Sadow’s invention, something he finds vexing.

“It’s certainly simple for individuals to panic,Inch he states, referencing the fires some Chevrolet Volt proprietors faced consequently of this plug-in hybrid’s energy cord issues. “However I think overall there’s an excessive amount of untrue stories available.”

Sadow states he’s heard no reviews of incidents from his clients. That’s given him the impetus to further upgrade the Leaf. Next is really a $150 tweak towards the car’s climate controls. In the as-shipped condition, the Leaf’s heater — a substantial energy drain, because it does not come with an car engine producing spare warmth — can’t be turn off using the press of the mouse, much the means by a regular vehicle the energy-drawing AC could be shut lower with one touch.

“Using what we are developing, the Leaf owner can very simply turn off the heat tank,Inch states Sadow. “What we should find is the fact that with many EV proprietors, an obsession evolves around mileage. People wish to go so far as they are able to off electric power charge, and do not want almost anything to get when it comes to that mission.”

Sadow happily announces he has not put gas in the Prius since last March.

Such obsession is part associated with a new technological boom, states Andy Frank, the plug-in hybrid pioneer whose transmission system improvements produced as they was in the College of California-Davis happen to be licensed to a different firm he’s managing, Efficient Drivetrains, Corporation.

“Should you look in time, the beginning associated with a new technologies have found people tinkering, in the Model T on up,” states Frank. “I performed with hot rods like a kid. Exactly the same is happening with plug-inches and hybrid cars. It’s a part of American culture.”

Frank salutes leaders for example Sadow, but, like a passionate Volt owner, thinks that plug-in hybrid cars possess the best possibility of beginning a genuine automotive revolution due largely towards the vexing problem of re-charging EVs, whose range typically tops out around 100 miles.

“For brief drives out and about, my Volt runs only on electric,” states Frank. “But when I were an EV owner and needed to move from Davis to Bay Area and back, I’d need to rent a vehicle.”

That kind of talk will get Sadow’s motor running. Actually, he was partially driven to action by EV owners’ frustration over both how gradually electric re-charging stations are now being folded out by the prices - $6,000 or even more - of in-home re-charging models.

“I needed a means for individuals to recharge without resorting to city assessments and major electrical rewiring projects,” he states.

What quickly adopted suit was the Leaf’s upgraded plug, its enhanced Air conditioning system, and — perhaps his most impressive if up to now not scaleable invention — a transportable electrical powerplant that will get towed behind the Leaf.

It’s this contraption which has Golden Gate Park drivers slowing down and bike riders preventing.

“Uh, what’s that factor?” asks a biker because he pulls a set of buds from his ears.

Sadow does not have to be requested two times within minutes, he’s off and running having a science-heavy explanation of methods he fabricated a tow-hitch to drag a micro-turbine given by gas you can use to charge the vehicle from zero to 80 % in about half an hour (the final 20 % takes another 40 minutes), or utilized on-the-go therefore stretching the plethora of the EV as lengthy because the gas lasts.

“This can be a evidence of concept, and we are still tinkering,” states Sadow, explaining the way the somewhat bulky package may ultimately be sleek right into a sleek tow-able oblong. He stays he mind within the turbine’s exhaust and sucks inside a lungful of air. “It’s cleaner than most air you breathe,” he states.

The price of Sadow’s portable generator continues to be within the prohibitive category, around $30,000. But he’s going to bring that lower, in addition to expand the scope of the potential marketplace for the invention. He’d particularly prefer to interest traditional gasoline stations covering the country’s interstates. “Not just could they assist EV proprietors fill, however they could likely get free heating for his or her garages” because of towards the extreme warmth produced through the turbine, states Sadow.

Not sometime ago, Sadow reached demonstrate his invention in a gathering of EV fans for Hidetoshi Kadota, Nissan’s chief vehicle engineer for that Leaf. Sadow reviews that although impressed, Kadota felt such improvements would only attract “techies, but that is not really a fair description of who Leaf proprietors are,” states Sadow. “Should you continue any EV discussions groups (online), you’ll find yourself speaking to everybody from doctors to mechanics, Dems and Republicans. We are just individuals who want to get rid of the earth, and believe that cars make the perfect starting point.Inch

Sadow shrugs. “I possibly could make much more money talking to than I actually do with EVSE, however i am going to help begin to see the EV grow,” he states. He then confesses for an odd dream to have an entrepreneur.

“Eventually, we’ll get beyond these habits that we have produced over decades, of seeing a service station to fill on oil therefore we can drive these noisy, smelly gadgets,” he states. “When on that day comes and you will find a lot more EVs on the highway in addition to easy methods to recharge them, I’m going to be happily bankrupt.”

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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