Update: Phoenix Motorcars issued a press release today about their supply of trucks to PG&E. The four trucks will not be delivered to the utility until June, so we still have a few months to wait on some real world feedback. The Phoenix press release is after the jump.
[Source: Pacific Gas and Electric Company] Phoenix Motorcars Signs Deal with Pacific Gas and Electric For All-Electric Vehicles
Powered by Altairnano's NanoSafe Battery Packs and UQM's Electric Drive Motors
Ontario, Calif. – February 28, 2007 – Phoenix Motorcars announced today it received a purchase order for four of its zero-emission, all-electric sport utility trucks (SUTs) from Pacific Gas and Electric Company (PG&E) to be delivered in June. The SUTs, which are powered by UQM Technologies, Inc.'s (AMEX: UQM) propulsion system, Boshart Engineering's homologation process and Altairnano's (NASDAQ: ALTI) NanoSafe ™ 35kWh battery pack, will represent the only series of battery-electric trucks in the PG&E fleet.
Phoenix's SUT can travel at freeway-speeds while carrying five passengers and a full payload. The SUT exceeds all specifications for a Type III ZEV, having a driving range of over 100 miles, can be recharged in less than 10 minutes and has a battery pack with a lifespan of more than 12 years. PG&E plans to place a purchase order for 200 of Phoenix Motorcar's vehicles annually to assist in its daily operation of serving over 70,000 square miles in Central and Northern California.
"PG&E operates the fourth largest alternative-fuel truck fleet in the nation, and we are honored to supply them with a reliable all-electric vehicle to improve their fleet operations," says Daniel J. Elliott, CEO of Phoenix Motorcars. "We want to provide the California-fleet market with high-performance, zero-emission vehicles to reduce costs, improve air quality and protect public health."
Phoenix Motorcars targets operators of fleet vehicles, such as public utilities, public transportation providers and delivery services. A limited number of vehicles will be available to consumers in 2007 with an expanded consumer launch scheduled for 2008. Phoenix Motorcars will also introduce an SUV model in late 2007.
ABOUT PHOENIX MOTORCARS, INC.
Phoenix Motorcars Inc., a privately-held company headquartered in Ontario, Calif., has been an industry leader in the development of battery-electric, freeway-speed vehicles since 2001. The mission of Phoenix Motorcars is to manufacture zero-emission vehicles including Sport Utility Trucks and Sport Utility Vehicles to reduce the toxic emissions from the largest contributor to air pollution, personal automobiles. Phoenix Motorcars has strategic alliances with UQM Technologies, Inc. (AMEX: UQM), Altair Nanotechnologies, Inc . (NASDAQ: ALTI) and Boshart Engineering . For additional information, visit www.phoenixmotorcars.com .