• Mar 30th 2010 at 1:59PM
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AMP Electric Equinox – Click above for high-res image gallery

There's nothing hidden about the looks of the Chevrolet Equinox, but that won't stop Advanced Mechanical Products (AMP) from "unveiling" the vehicle at the New York Auto Show. The unveiling, of course, is all about the Equinox's insides, which AMP has converted to be 100 percent electric. AMP's other big message from New York will be that the conversion will be "the first full-size electric vehicle to reach market."

The actual "unveiling" of the AMP Equinox came during an announcement at AMP's first showroom in Ohio the end of February. The company began producing/converting the SUV after that and says it will deliver the first $50,000 vehicle later this summer. We should be getting a short test drive in the Equinox during the show, so stay tuned for our review of that. Let's hope it goes a bit smoother than our drive in the AMP Sky.

[Source: Advanced Mechanical Products Inc. ]

PRESS RELEASE

AMP's 100% Electric 2010 GM Chevrolet Equinox the First Full-Size Electric Vehicle to Reach Market

Vehicle Debuts at New York Auto Show; Test Rides Available to Show Attendees

Blue Ash, OH – March 29, 2010 - Advanced Mechanical Products, Inc. (AMP), a company engaged in the all-electric, emission-free conversion of new vehicles, announced today that the AMP 100% electric 2010 GM Chevrolet Equinox will make its debut at the New York Auto Show, which commences on April 2nd. Show attendees will be among the first to take a test ride in this new American made, full-size crossover vehicle.

AMP unveiled its 100% electric 2010 GM Chevrolet Equinox at the grand opening of its first showroom and U.S. production headquarters in Cincinnati, OH on February 24th. Since the event, the Company has moved into production of the AMP'd Equinox, and has begun taking orders for summer 2010 delivery. AMP is the only company to bring a full-size, high performance American crossover electric vehicle to market.

By starting with the 2010 Chevy Equinox, AMP's unique approach to creating an all-electric car has enabled them to beat other electric entries to market. Widely publicized brands such as the Nissan Leaf are not projecting delivery until sometime in 2011, with many others expected to reach market beyond that point.

Steve Burns, CEO of Advanced Mechanical Products, said, "As demand for electric vehicles continues to grow, our strategy has been clear - to evoke change in as a familiar fashion as possible. By choosing the Chevy Equinox, we were able to leverage over 100 years of engineering experience and focus on the seamless integration of our state-of-the-art, all-electric high performance Remy-based drivetrain. From the dashboard to the key ignition the AMP'd Equinox delivers the same top-quality GM styling and safety features people have come to expect, making this vehicle an easy transition for any driver wanting to go electric."

Powered by Remy International motors, the AMP electric powertrain has a range of up to 150 miles per charge, will reach a top speed of 90 miles an hour, and will go from zero to 60 miles per hour in approximately eight seconds, with a charge voltage of either 110V or 220V. Aggressively priced for a 5-seater electric vehicle at below $50,000 (after government tax credits), the AMP'd 2010 Equinox brings the country's only full-sized electric vehicle within reach of many Americans.
In New York, visit the AMP exhibit on level one in the electric vehicle pavilion during the New York Auto Show, running April 2nd through 11th at the Jacob Javitz Convention Center. Visitors to the show are encouraged to test drive AMP's 100% electric 2010 GM Chevrolet Equinox.

About Advanced Mechanical Products, Inc.
AMP was founded in 2007 by automotive industry veterans who have created several hi-tech companies. Currently, the AMP team is comprised of top engineers and business executives, as well as two key pioneers of GM's EV1 project. AMP's first conversions to all-electric are the GM Saturn Sky and the Pontiac Solstice, and most recently, the Chevrolet Equinox. Since its inception last year, the AMP converted all-electric Saturn Sky has proven itself to be an idea that has generated an extreme amount of interest, with inquiries coming from around the world. AMP will be converting a wide range of GM vehicles to all-electric, and expects to announce new model conversions in 2010.

To learn more, visit the AMP website at www.ampelectricvehicles.com.

Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release
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    • 1 Second Ago
  • 10 Comments
      • 5 Years Ago
      That's one heck of a nice golf cart! Wonder if Tire Rack has turf tires in that size...hmmmmm
      • 5 Years Ago
      AMP has a niche that may work out for them. You supply either a Saturn Sky or a Chevy Equinox plus $25,000 and AMP will convert it to EV for you - and it will get 150 miles range. Since you can get a used Sky or Equinox used that would place the total conversion at between $35k to $40k. For a 150 mile range EV that is fairly reasonable.

      The extra cost may be worth it to enough people if they really need the increased range. Time will tell if consumers think it's a fair price ($40k) when compared to the ~$25K for the Nissan Leaf, which goes 100 miles on a charge. With the Tesla Model S coming in at $57,000 for 200+ miles range they may own the 150 mile segment for quite a while.

      I'm not writing AMP off just yet.
        • 5 Years Ago
        The $57,000 (pre-tax credit) Model S from Tesla will have a range of 160 miles.
      • 5 Years Ago
      Summer? that's enough time to sell a few cars before the Leaf and Volt come out. :)
      • 5 Years Ago
      So have the delivered ANY electric Skys yet?
      harlanx6
      • 5 Years Ago
      You could buy a lifetime of fuel for the $25K difference.
        • 5 Years Ago
        @harlanx6
        Harlanx6: i've said it before and i'll say it again.. never underestimate the laziness and expendable income of the American citizen :p

        Plenty of people drove Big honkin' SUVs to work alone even when gas was 5 bucks a gallon. Unfortunately i knew a lot of people who did so unrepentantly. The price of a barrel went all the way up to $147 per in 2008.

        $150 a barrel is nothing... at least for the USA.
        harlanx6
        • 5 Years Ago
        @harlanx6
        When oil breaks $90/barrel, people will cut out 30% of discretionary driving. At $100/barrel they will get rid of their gas hogs and upgrade to vehicles getting 40+-better economy, at $110/ barrel 3rd world consumers won't be able to afford fuel. Demand and fuel prices will be in free fall. Whether it gets down to $35/barrel or not is a subject of debate. The oil companies understand supply and demand dam well, and they sure don't want $35/barrel oil like the last time they let this happen. $150 oil? I doubt that will be anytime soon, regardless of your wishful thinking.
        • 5 Years Ago
        @harlanx6
        Conversions are a bad deal, we need ground up EVs. Oil is expected to reach 150 a barrel pretty soon, so the value of an ICE is going to drop.
        harlanx6
        • 5 Years Ago
        @harlanx6
        Nept, I started driving in the 50s and remember that every fuel price spike was followed by a fuel price depression where the oil companies were whining, because all of the economic factors come together to increase supplies because of the profitability and decrease demand because of the expense. All of the marginal producers maximize their production while consumers permanently decrease their fuel usage. You know I feel the hype around "peak oil" is a hoax. It's going to be a long evolutionary process that the first world countries will handle best, because we have the intellectual and economic resources to handle it best. The gloom and doom people are all selling something. The oil companies are very comfortable with oil at $80/barrel, and they were appalled when the price shot up to $147/barrel because they know how supply and demand works, the price was artificially high because of the speculators, and a big bust was coming. Hedge funders were soon jumping off bridges. Yes, $150 is really a reasonable price for oil, but it would have a devastating effect on demand. You have to give the oil companies credit for not being stupid. They like this addiction to oil we have and they are making money!
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