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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]

Consumer Reports Gives Fisker Karma the Media Electric Chair

Friday, March 9th, 2012

The Fisker Karma cost them $107,850. It is super sleek, high-tech — and now they say it’s broken.

Consumer Reports (CR) have owned their car for just a few days; it has less than 200 miles on its odometer. While doing speedometer calibration runs on their test track (a procedure they do for every test car before putting it in service by driving the car at a constant 65 mph between two measured points), the dashboard flashed a message and sounded a “bing“ showing a major fault. CR technician got the car off the track and put it into Park to go through the owner’s manual to interpret the warning. At that point, the transmission went into Neutral and wouldn’t engage any gear through its electronic shifter except Park and Neutral.
Consumer Reports let the car sit for about an hour and restarted it. They could now engage Drive and the same error message disappeared. After moving it only a few feet the error message reappeared and when they tried to engage Reverse the transmission went straight to Park and again no motion gear could be engaged. After calling the dealer, which is about 100 miles away, they promptly sent a flatbed tow truck to haul away the disabled Fisker.

Consumer Reports buy about 80 cars a year and this is the first time in memory that they said they had a car that is undriveable before it has finished our check-in process.

Building an all-new car company from the ground up is a monumental challenge, especially for a car with innovative drivetrain technology like the Karma. Designing, engineering, certification, manufacturing, and distributing an all-new car pose giant hurtles for a start-up company.

Consumer Reports encountered other problems with a Karma press car that visited the track for a few hours, and we have heard of problems at press events. In addition, we see that some owners are experiencing a variety of issues, as evidenced by forums such as FiskerBuzz.com.

When they get the car back, they’ll film a First Drive video with our more traditional initial impressions. But so far, “Fisker ownership is proving to be a bumpy ride.”

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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.

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