Energy Components Group, a leading alternative energy manufacturer, announced it has agreed to be the exclusive OEM for EnVironmental Transportation Solutions. EVTS designed and developed the EcoV, a zero emission electric low speed vehicle for neighborhood electric vehicle and city fleet markets.
ECG and EVTS Partner
ST. CLAIR, Michigan, January 7, 2010 - Energy Components Group LLC (ECG), a leading alternative energy manufacturer, announced it has agreed to be the exclusive OEM for EnVironmental Transportation Solutions (EVTS).
EVTS designed and developed the EcoV, a zero emission electric low speed vehicle (LSV) for the rapidly growing neighborhood electric vehicle (NEV) and city fleet markets. EcoV meets the demand for environmentally sustainable and affordable vehicles.
EcoV is a fully enclosed, four wheel, road-worthy LSV with automotive ride, comfort and durability. EcoV is $12,000 well-equipped and has a 25-40 mile range, with extended capacity to 65 miles. It recharges for just fifty cents from a standard wall outlet. The EcoV also qualifies for individual federal tax credits up to $5,000.
Under the agreement, ECG takes an ownership stake in EVTS and provides key personnel in manufacturing, marketing, finance, purchasing and sales. The EcoV will be primarily sourced and made in America at ECG's St. Clair, Michigan facility. ECG has been recognized as a Michigan Economic Growth Authority Award recipient by the State of Michigan Economic Development Corporation and designated a Renewable Energy Renaissance Zone by the Michigan Strategic Fund.
"ECG provides the manufacturing expertise, skilled business resources and common commitment to alternative energy to successfully launch EcoV," said Richard Marks, Founder and President of EVTS. "The company's significant senior management experience with fast growing organizations creates a winning team to drive our business growth."
Marks designed the EcoV based on 35+ years experience in the automotive industry, including 25 years with General Motors and its EV1 electric vehicle program. Designed and road-tested over the last four years, EcoV uses current, proven technology with components from automotive and industrial applications.
"As soon as we saw the EcoV, it was clear Marks brought his significant automotive design talent to produce a superior vehicle for this niche market," said Rich Pirrotta, COO of ECG. "The EcoV is engineered with focused attention to consumer demand for value, safety, and reliability in an electric vehicle."
EcoV's modular design allows for 2, 4 and 6-passenger multi-purpose vehicles as well as pick-up and delivery trucks. Fully enclosed with heating/ventilation capabilities, EcoV also has optional air conditioning.
For more information, please visit www.ecovelectric.com or www.componentsforenergy.com.