Official

Amp Workhorse electric vans approved for $60,000 rebates in California

If any California company is wavering on a decision to buy Amp Holding's new all-electric utility vans, the state is certainly ready to tilt that decision in Amp's favor.

The California Air Resources Board (CARB) will include the Amp Workhorse E-100 Workhorse step van in its Hybrid and Zero Emission Truck Voucher Incentive Project (HVIP). That means that buyers of the workhorse are eligible for vouchers worth as much as $60,000 per vehicle (Amp doesn't list prices for its vans on its website, so we don't know the original or discounted price). The E-100 is said to have a 19,500-pound payload and a 100-mile single-charge range.

In February, Amp received approval from CARB to sell its 2014 model-year trucks in California. It's a new direction for the company, which said last October said it would stop converting SUVs to electric-drive and instead focus on either converting or building all-electric utility trucks. Check out Amp's press release below.
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California Air Resources Board Approves AMP Holding Inc.'s Workhorse® Electric Step Vans

AMP Workhorse electric trucks are now approved for the Hybrid and Zero Emission Truck Voucher Incentive Project (HVIP) - Purchasers and participating dealers of these trucks are eligible to receive a voucher up to $60,000 on each vehicle.

Cincinnati, OH (PRWEB) June 26, 2013

AMP Holding Inc. (OTCBB: AMPD), parent company of its Workhorse® subsidiary, today announced that their class 3-6 medium-duty E-100 Workhorse walk-in electric step vans, have been approved by the California Air Resources Board (CARB).

The Board's approval recognizes that the Workhorse road-ready trucks are clean, California-certified zero-emissions vehicles. As Workhorse is now listed in the state's HVIP Program, purchasers and dealers alike can receive vouchers of up to $60,000 per vehicle. It's a move that dramatically reduces the cost of entry, while offering a sustainable solution for California's fleet operators.

"For years, many in the fleet industry have recognized the Workhorse brand for quality and dependability," said Martin Rucidlo, AMP/Workhorse President. "Now with this CARB approval, our customers in California are eligible for incentives, lowering their costs, and helping put more of our electric Workhorse trucks on the road as soon as possible."

To help meet the goals of California policies, CARB offers up to $60,000 per vehicle in vouchers, through its Hybrid and Zero Emission Truck Voucher Incentive Project (HVIP). These rebates can be combined with other incentives. As a result, the program has helped lower the upfront cost while accelerating the payback period for fleet operators and other customers.

Customers of the Workhorse zero-emission vehicles will further benefit from significant ongoing fuel savings as well as dramatically reduced maintenance costs, when compared to conventional diesel trucks.

This past spring, the AMP/Workhorse electric step van successfully completed rigorous independent durability testing, paving the way for production of the zero-emission vehicles.

"The Workhorse brand has always given fleet customers everything they want and more," said Steve Burns, AMP/Workhorse CEO. "And now with CARB approval, this vehicle is a horse of a different color!"

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. AMP/Workhorse vehicles are sold and supported through the existing Workhorse network of 440 dealers. For additional information visit http://www.ampelectricvehicles.com

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