Wednesday, December 30, 2009

ECOtality, Inc. (ETLE.OB) Hosts Arizona Debut of Nissan ‘LEAF’

ECOtality Inc. is a leader in clean electric transportation and storage technologies. One of the company’s subsidiaries, Electric Transportation Engineering Corporation (eTec) will join Nissan North America this week for the debut of the zero-emission LEAF electric vehicle in Arizona.

Nissan has taken the LEAF on a tour of 22 cities in 11 states, as well as the District of Columbia and Vancouver, Canada. The tour offers the opportunity for interested drivers, business and media to learn more about the Nissan LEAF and the benefits of zero-emission driving.

In August 2009, ECOtality’s eTec was awarded a federal grant of nearly $100 million from the US Department of Energy to facilitate ‘The EV Project’, the largest rollout of electric-vehicle infrastructure in the United States. The grant is funded through the American Recovery and Reinvestment Act which was part of President Obama’s stimulus package.

The EV Project will establish approximately 11,210 electric vehicle charging stations in home-base, commercial and public locations to support the public adoption of plug-in vehicles in major markets in five states: Arizona (Tuscon and Phoenix metropolitan areas), Washington (Seattle area), California (San Diego area), Oregon (Portland, Salem, Corvallis and Eugene areas) and Tennessee (Nashville, Knoxville and Chattanooga areas).

ECOtality believes the EV Project is the start of something big. The company’s CEO, Jonathan Read, said, “The electric vehicle infrastructure we build in the United States will allow drivers to make the shift away from fossil fuels towards cleaner and more sustainable transportation.”

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: