Thursday, October 29, 2009

Electric Car Company Inc. (ELCR.OB) Signs Letter of Intent with Electric Performance Conversions LLC

Electric Car Company Inc. is a vehicle conversion company that specializes in electric conversions and manufacturing for the fleet and livery markets to help them go ‘green’. The company announced today that it has signed a letter of intent with Electric Vehicle Performance Conversions LLC (EVPC).

EVPC has the capability and expertise of converting just about any gasoline-powered vehicle into a fully functional, zero-emissions electric vehicle. At present, EVPC offers a line of electric vehicle (EV) exotic sports cars, beginning at a 100% Electric Porsche Boxster all the way up to a full electric Rolls Royce Phantom.

Electric Vehicle Performance Conversions will provide complete turnkey, electric power conversions exclusively to Electric Car Company for the company’s line of livery and fleet vehicles to include “specialty buses” for the commuter, transit and limousine and sightseeing transportation industries. The exclusive relationship being given to Electric Car Company by EVPC means that the company’s vision of a greener, more environmentally friendly fleet and livery industry is closer to becoming a reality.

Electric Car Company CEO was pleased with the deal. He said, “We have been speaking with several electric conversion companies and we believe that EVPC has the solution and price points for our needs. It’s hard not to imagine a future that has the entire fleet industry going green.”

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