Rapid Electric Vehicles (REV) has recently brought on John Wallace, a 20 year automotive veteran with experience in alternative energy technology development. This is the first of a series of announcements from REV. They have found their niche in targeting ideal early adopters for Electric Vehicles - the commercial fleet market.

Rapid Electric Vehicles (REV) has recently brought on John Wallace, a 20 year automotive veteran with experience in alternative energy technology development.

This is the first of a series of announcements from REV. They have found their niche in targeting ideal early adopters for Electric Vehicles - the commercial fleet market.

Their vehicles have the capability to operate as a mobile power supply, and are also equipped with specialized software to allow 2-way communication with the electricity grid. (known as Vehicle to Grid or V2G technology)

"REV is proud to have over the past three years created an electric vehicle that serves of dual purpose of providing a practical, clean answer to the gasoline dependent fleet vehicle and a similar price point, while simultaneously creating the software to prompt that vehicle to automatically serve as a dependable battery source for the local electricity grid," said Jay Giraud, Founder and CEO of REV.

"We're honored and thrilled John agreed to help us steer this company as it begins producing state-of-the-art electric vehicles for fleets across the globe. He brings to REV an unparalleled amount of experience in powering vehicles with alternative fuel sources, in turn bolstering our organization's efforts to become a leading provider of electric compact SUV's and trucks," said Gary Yurkovich, Chairman of REV's Board of Directors.90 kW of pure electric power in the REV.

Adding Wallace to the board is further evidence of the successful execution of the company's business model to become a cutting edge electric vehicle supplier guided by industry experts with decades of experience in the vehicle manufacturing industry.