Richardson was governor of the Enchanted State from 2003 to 2011, where he boosted his green cred by getting New Mexico's utility companies to get 20 percent of their energy from renewable sources. That followed up his stint as US Energy Secretary under President Clinton from 1998 to 2011.
Last year, Amp said it was moving away from passenger-vehicle conversions and focusing on delivery-truck plug-in vehicle production. Last month, California approved the sale of Amp's 2014 model-year E100 heavy-duty electric trucks, which have a 19,500-pound payload and a 100-mile single-charge range. Amp's press release on adding Richardson to its ranks is below.
Richardson brings global experience in environmental responsibility and strong clean/renewable energy perspectives to AMP Advisory Board.
Cincinnati, Ohio, March 19, 2013.
AMP Holding Inc. (OTCBB and OTCQB: AMPD), an OEM manufacturer of alternative fuel trucks, under the Workhorse® brand, announced today the addition of Bill Richardson, former Governor of New Mexico as the newest member of the Advisory Board of AMP Electric Vehicles.
As Governor, Richardson's bold governing style moved New Mexico forward in several important areas, including clean energy, education, public safety, environment, transportation, healthcare and $1 billion in tax cuts. His accomplishments include making New Mexico the "Clean Energy State" by requiring utilities to meet 20% of New Mexico's electrical demand from renewable sources; and established a Renewable Energy Transmission Authority to deliver New Mexico's world-class renewable resources to market.
"Bill brings extensive knowledge and a strong base of experience in the clean energy and transportation area," said Steve Burns, AMP CEO. "He is deeply respected for his environmentally-conscious accomplishments and insights, both nationally and internationally, and we feel AMP will benefit from this very special Advisory Board addition."
Richardson served for 15 years in northern New Mexico representing the 3rd Congressional District, and in 1997 served as the U.S. Ambassador to the United Nations under President Clinton. In 1998, he was unanimously confirmed by the U.S. Senate as Secretary of the U.S. Department of Energy.
"I am pleased to join AMP Electric Vehicle's Advisory Board," said Governor Bill Richardson. "In manufacturing Workhorse® alternative fuel trucks, AMP is a leader in the fleet EV category. I look forward to working with this industry pioneer to help accelerate the manufacturing and widespread use of new alternative fuel fleet vehicles."
AMP plans to produce Step-Vans and other vehicle types using the former Workhorse Custom Chassis plant in Union City, Indiana.
With the acquisition of the Workhorse® brand and factory facilities, AMP will be positioned to be the first truck OEM in the United States to offer a range of alternative fuel vehicles produced in an automated assembly plant. By offering an all-electric Workhorse® chassis along with gasoline-powered, and alternative-fuel powered models, AMP will become a premier OEM capable of building alternative fuel vehicles for the commercial market. AMP's vehicles will be sold and supported through the existing Workhorse® network of 440 dealers.
About AMP Holding Inc.
AMP Holding is the parent company of Amp Electric Vehicles, a manufacturer of electric drive systems for medium-duty class 3-6 commercial truck platforms. AMP Electric Vehicles, Inc. was founded in 2007 by entrepreneurs who have created several hi-tech companies. The AMP team is comprised of top automotive industry veterans and business executives. AMP has been focused on the electrification of fleet vehicles, including medium-duty class 3-6 trucks and vans. Over the past several years, the company's vehicle electrification technology has provided new solutions to America's energy demands. For additional information visit http://www.ampelectricvehicles.com
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.
SOURCE: AMP Holding Inc.