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Archive for the ‘U.S. Department of Energy’ 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]

U.S. Congressman in Florida Allen West upset at Obama for $70 fill-up of his Hummer

Friday, February 24th, 2012

U.S. Rep. Allen West, a Florida Republican, has never been any great fan of President Barack Obama, but took to Facebook today to answer the question of what, if anything, he could praise about the president. His answer included a complaint that thanks to rising gas prices, it now costs $70 to fill up his 2008 Hummer H3. Is it really a good idea to use your Hummer to argue gas prices are too high?

Here’s the complete statement from Rep. West that’s drawing some attention:

People have asked me before is there any area where I could praise President Obama? Certainly, he has an impeccable penchant for understanding the power of the bully pulpit. President Obama is also very adept at promulgating deceptive language masquerading as policy, actually just insidious political gimmickry. This “tax policy” is an example as well as today’s speech on his “energy policy” shall be. Here is the bottom line, last night it took 70 dollars to fill the tank of my 2008 H3 Hummer, what is it costing you? What does it cost the President to fill his gas tank?

Saying gas costs too much based on your H3 — which sports an average fuel economy of 16 to 18 mpg — seems akin to arguing Americans have grown too fat at the drive-through window of a Carl Jr.’s. Yet West and other drivers can’t be blamed for the current run-up; it’s not American demand for gasoline causing its prices to rise, but rather demand from China, Latin America and worries over Iran’s actions near the Straight of Hormuz. Last year, fossil fuels were America’s biggest export — partly because of the economic recession and the shift toward vehicles that get 40 mpg instead of 16.

Rep. West may need to brace his pocketbook; that H3 will need $90 to fill if prices hit $4 a gallon, as most experts suspect they will soon. Or he could switch into something a little more economical; there’s nothing quite as obnoxious as the Hummer on sale, but switching to, say, the 2-liter turbo Ford Explorer would save him at least $1,400 a year in gas — and maybe some aggravation.

Maybe Mr. West should think about an electric car like a Chevy Volt or Nissan Leaf? OR Maybe even a good Hybrid? COMMON MAN!

See article source: http://goo.gl/MgH91

EV Industry: Charing Station Trends in the United States

Friday, January 27th, 2012

Charging Station Trends in the United States

Though some of the most accessible and first fully electric cars have began to arrive in the United States in late 2011, the turn to hybrid plug-in and all electric vehicles has created the need for a system of charging station access. If you don’t know a lot about electric vehicles, or EVs, it helps to know that they have what is known as a “range”. This is a figure that indicates the number of miles that the EV can operate in between full charges. Hybrid plug-ins vehicles also have their electric capabilities or ranges too, and this is the reason behind the need for charging station access around the country.

What is so interesting is that it is retail stores that are really moving things forward by opting to install stations for consumers to use as they do their shopping or errands. The average charging station is going to be able to supply power to cars, scooters, and bikes that require batteries, but they will vary in terms of fees or prices.

For example, the world-famous Mall of America in Minnesota has a charging station system that asks for three dollars per hour in order to charge the batteries while other stations ask for nothing in return. The owners of the fee-less stations usually understand that a customer is not going to be in their store or shop long enough to take the full charge and they believe that this is simply a service to clients and the environment.

Industry experts feel that the days of free charging station access are numbered simply because the shift to hybrid and fully electric vehicles is inevitable. With changing efficiency standards being required by the United States government (capped at more than 50 MPG by 2025) it is going to be impossible for most manufacturers to avoid the use of battery systems. This means that increasing demands for charging stations will begin to arise very quickly, and the option for free charges will disappear just as quickly.

For now, there are literally hundreds of stations popping up all over the country. The most unique of them was unveiled in Bethesda, MD in 2011. This is a totally green station that uses solar panels, GPS tracking of the sun, and clean supplies to provide drivers with free charges. The owner is a real estate developer who decided to his “bit” for the environment by making the green solar charging station available in a heavy commuting region.

Is ECOtality INC a Total Solution?

Wednesday, September 21st, 2011

If you are interested in alternative energies it is likely to be due to your desire to see the environment improved or saved from further harm or damage. This means that you think about the ways that you can reduce your carbon footprint, which in turn leads to questions about household and transportation energy consumption as well. As soon as people begin worrying about such issues they find that the problems can seem overwhelming, but this is why a company such as ECOtality, INC. is a wonderful surprise.

This group offers a seemingly total solution to the creation of earth-friendly energy that relies on everything from wind and water to solar and electric supplies. With a commitment to “developing and commercially advancing clean energy solutions and environmentally friendly products…” ECOtality, INC. has designed a set of initiatives that really tap into every area imaginable.

Consider that ECOtality, INC. has its ECOtality North America division that focuses on the creation of electric vehicles. These include everything from alternative-fuel, hybrid (HEV), plug-in hybrid (PHEV) and electric vehicles (EV) to the infrastructure necessary to support their widespread use. The company also announced plans to partner with car2go N.A. in July of 2011. This is an innovative urban program in which clients have access to a fleet of electric vehicles and can use them when necessary while never having to worry about maintenance or upkeep. This means that the group is now heavily involved in the designing and creation of EVs (electric vehicles) but that they also foster a “car sharing” program which ensures the largest number of users possible.

To support their electric car programs, ECOtality, INC. also has their Blink Network that is continually expanding the number of residential and commercial charge stations available for owners of electric vehicles as well. In late July of 2011, the group announced its partnership with the global furniture company known as IKEA, and indicated that they would feature at least two of the Blink EV charging stations at every store in operation, and there are many plans for a continually expanding network of stations as well.

Because there is not always time to conduct a complete battery the company has also created fast charging hear known as their Minit-Charger that provides super-fast charging with less heat and longer battery life.

The company also offers fuel cells, solar energy solutions, energy storage systems and equipment, and even helps with the creation of “turn key” programs for the adoption of electric transportation systems as well.

Massachusetts Moving Ahead with Electric Car Charging Stations

Monday, August 22nd, 2011

Electric vehicles are certainly gaining a lot of attention in recent years, but with little access to charging stations outside of home, few consumers have really made the transition.  Car manufacturers and environmentalists alike are trying to lobby governments to help make the vehicles a more viable alternative to traditional fuel based vehicles, but progress on the matter has been slow.  It is worth noting, however, that many states are certainly starting to make progress.  The Mall of America has now installed a charging station, as have many businesses in California.  And now it seems that Massachusetts is making a very active effort to increase opportunities for people who purchase these vehicles.

The commissioner of Massachusetts’ Department of Energy Resources has made it clear that he believes electric cars are a critical part of reducing emissions on the state and that he recognizes the reluctance of consumers to purchase the vehicles when there are few to no convenient places to recharge them.  In recognizing this, he has worked to garner funding to build a statewide infrastructure of charging stations that includes a grand total of 142 electric vehicle recharging facilities statewide. Continue reading “Massachusetts Moving Ahead with Electric Car Charging Stations” »

A Look at Current Federal Credits for Electric Vehicles

Wednesday, August 17th, 2011

A Look at Current Federal Credits for Electric VehiclesU.S. President Obama Support of Electric Cars

In 2009, the federal government began offering credits for people who purchased hybrid and electric vehicles.  Sales of the vehicles increased significantly, but the credits, which were offered on a first come, first served basis, ran out rather quickly in most states.  Pushing harder to get consumers to use electric vehicles is certainly a priority, however, and because of this 2010 brought us another wave of tax credits for the purchase of EVs.  These credits are still firmly in place, and the phase-out period has not yet begun, which means that purchasers will still qualify for the entire $7,500 credit. Continue reading “A Look at Current Federal Credits for Electric Vehicles” »

World’s first hydrogen fuel station to open later this month in Fountain Valley.

Saturday, August 13th, 2011

As General Motors, Toyota, Mercedes-Benz and other major automobile manufacturers prepare to bring hydrogen cars to market by 2015, the availability and sustainability of the hydrogen fuel to power them remains an issue.

Later this month, what is believed to be the world’s first sewage-powered hydrogen fuel station will open in Fountain Valley, offering a renewable-energy solution to one piece of the sustainability puzzle.

“This is a paradigm shift,” said Scott Samuelsen, director of the UC Irvine National Fuel Research Center that engineered the system. “This is the epitome of sustainability, where we’re taking an endless stream of human waste and transforming it to transportation fuel.”

The new station is powered with a 300-kilowatt fuel cell capable of producing 120 kilograms of hydrogen gas, and fueling as many as 30 cars, per day, Samuelsen said. Designed as a three-year demonstration project and funded in part by the U.S. Department of Energy, the station will be accessible to drivers of hydrogen fuel cell vehicles who have arranged for access through the vehicle manufacturer. Continue reading “World’s first hydrogen fuel station to open later this month in Fountain Valley.” »

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