Echo Automotive, a
developer of technologies enabling the cost-effective aftermarket addition of
fuel-efficient plug-in hybrid capability to new or existing vehicles, has lined
up several customers for beta testing of its award-winning EchoDrive™ plug-in
hybrid. EchoDrive beta units are expected to be delivered within the second
quarter.
Echo Automotive will
install the units on customers’ existing vehicles, which be placed back in
service within their respective fleets. Drivers will use the EchoDrive plug-in
hybrid powered vans in their standard day-to-day business, and throughout the
test period, system data will be captured and reported back to the Echo
Automotive development team. Data will be used in fine-tuning the EchoDrive
system for production application. Delivery of production volume units is
expected later this year.
“We are pleased to
announce that almost all of our first year production units have been reserved
and that we have begun taking orders for 2015,” Amy Dobrikova, vice president
of sales and business development of Echo Automotive, stated in the news
release. “Betas will soon be deployed in fleets across the nation within
Fortune 500 companies and leading universities, government agencies,
municipalities and utilities. The diverse mix of customers speaks to the broad
appeal of EchoDrive. Many of our customers are leading the way in alternative
fuels adoption and are aggressively pursuing fossil fuel independence through
their sustainability programs, others are solely focused on cost savings for
their fleets, and all are committed to finding innovative solutions that meet
their unique business needs. We are excited to be included in their initiatives
and we look forward to sharing their success stories as implementations
progress.”
EchoDrive’s
non-invasive plug-in hybrid solution for new or existing vehicles eliminates
the need for high infrastructure costs. It offers fleet managers a low-cost
point of entry to high fuel efficiency, as well as a long product lifespan and
financing options that make shorter return-on-investment possible.
“This is a
remarkably exciting time for Echo,” said Dan Kennedy, co-founder and CEO, Echo
Automotive. “Our business plan and our sales traction is exceeding our original
expectations, and our customers recognize the value that EchoDrive will deliver
to their fleets in both the short term and the long term. While our agreements
prevent us from naming specific customers at this time, everyone at Echo is
pleased to provide our services to the industry-leading companies and
organizations that have selected EchoDrive’s truly game-changing technology for
their fleets.”
Production of
EchoDrive units for the Ford E-Series platform is scheduled to begin later this
year, and production for EchoDrive units supporting the GM 2500 and 3500
platform is expected in early 2015.
For more information
visit www.echoautomotive.com
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