EVCARCO (EVCA.OB) CEO Dale Long has been conceiving a business model for a new kind of automobile dealership for over twenty years. One that could provide customers with quality eco-friendly vehicles and alternative fuel vehicles with an emphasis on performance, safety, affordability, and superior service.
In 2008, Mr. Long joined forces with Edouard Prous, Scott O�Neal, and Nikolay Frolov and launched EVCARCO � the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles.
In early 2009, under the guidance of an experienced, highly motivated management team, EVCARCO filed its S1 with the Securities Exchange Commission and started the process of taking the company public.
In the 3rd Quarter 2009, EVCARCO finalized the first franchiable auto dealership that focused on alternative fueled vehicles, electric vehicles, and the supporting infrastructures. EVCARCO is making franchise opportunities available to everyone that wants to make a difference in the alternative vehicle industry.
EVCARCO�s vehicles adhere to rigorous standards in performance, design, safety, and environmental responsibility.
Based on a truly sustainable business model, EVCARCO furthers its mission by partnering with leading organizations, universities, local city governments and like-minded individuals.
EVCARCO plans to open showrooms in 20 new markets across America by 2012.
TESLA MOTORS, INC. (Nasdaq:TSLA) and TOYOTA MOTOR CORPORATION have signed an agreement to initiate the development of an electric version of the RAV4 as announced in May of this year by Elon Musk and Akio Toyoda. With an aim to market the EV in the United States in 2012, prototypes will be made combining the Toyota RAV4 model with a Tesla electric powertrain. Tesla plans to produce and deliver a fleet of prototypes to Toyota for evaluation within this year. The first prototype has already been built and is now undergoing testing.
In May, Tesla and Toyota announced their intent to cooperate on the development of electric vehicles, parts, and production system and engineering support. Tesla seeks to learn and benefit from Toyota�s engineering, manufacturing, and production expertise, while Toyota aims to learn from Tesla�s EV technology, daring spirit, quick decision-making, and flexibility.
Toyota has, since its foundation in 1937, operated under the philosophy of �contributing to society through the manufacture of automobiles,� and made cars that satisfy its many customers around the world. Toyota introduced the first-generation Prius hybrid vehicle in 1997. The company also plans to introduce EVs into the market by 2012.
Tesla�s goal is to produce increasingly affordable electric cars for mainstream buyers � relentlessly driving down the cost of EVs. California-based Tesla designs and manufactures EVs and EV powertrain components, and is currently the only automaker in the U.S. that builds and sells highway-capable EVs in serial production.
Tata Motors (NYSE:TTM) has been at the forefront of the Indian automobile industry’s anti-pollution efforts by introducing cleaner engines. It is the first Indian Company to introduce vehicles with Euro norms well ahead of the mandated dates. Tata Motors’ joint venture with Cummins Engine Company, USA, in 1992, was a pioneering effort to introduce emission control technology for India. Over the years, Tata Motors has also made investments in setting up of an advanced emission-testing laboratory.
With the intention of protecting the environment, Tata Motors has upgraded the performance of its entire range of four and six cylinder engines to meet international emission standards. This has been accomplished with the help of world-renowned engine consultants like Ricardo and AVL. These engines are used in Tata Motors vehicles in the Indian market, as well as in over 70 export markets.
Tata Motors Limited and its subsidiaries design, develop, manufacture, and sell a range of automotive vehicles. It offers passenger cars manufactured in gasoline and diesel engine versions under the Indica, Indica Vista, Indigo, Indigo Marina, and Tata Nano names, as well as Jaguar X-Type, XF, XJ, and XK type sedans; and utility vehicles under the Sumo, Safari, Range Rover, Range Rover Sport, Defender, Discovery, and Freelander names.
The company also provides light commercial vehicles, including pickup trucks, trucks, and buses under the Ace, Magic, and Winger names; and medium and heavy commercial vehicles, such as trucks, buses, dumpers, multi-axled vehicles, tractors, tractor-trailers, concrete mixers, and cargo vehicles.
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