EVCARCO (OTC.BB:EVCA), a publicly held company in alternative energy vehicles, has officially been granted its four Registered Trademarks including “EVCARCO” and its slogan “Future Driven.”
(Registration number 3,808,447 - Future Driven)
(Registration number 3,812,043 - EVCARCO)
(Registration number 3,808,446 - EV-CAR-CO)
(Registration number 3,808,448 - EV-CAR-CO with logo)
EVCARCO has received significant attention over the last few months with media and press about its range of electric vehicles, business model and its alliances with the Federal Government.
“The growth of our company has also created a strong value in our name and brand therefore we are pleased to have the issuance of these Trademarks by the United States Patent and Trademark office. This issuance further protects and broadens our intellectual property assets as we expand into other regions and markets per our active business model. This gives insight to our dedication, which we so proudly bring to the franchisees and the development of the EVCARCO franchise system,” stated Dale Long, CEO of EVCARCO.
“We have worked diligently to secure our intellectual properties and are proud to have been granted the registration from the U.S. Patent Office. I’m very grateful to have worked alongside all our attorneys at Mullins Law, which took the lead in assisting us to secure these registrations,” stated Scott O’Neal, COO of EVCARCO.
EVCARCO is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.
Tesla Motors, Inc. (Nasdaq: TSLA) announced its preliminary unaudited financial results for the quarter ended June 30, 2010. Revenues for the second quarter of 2010 were $28.4 million, a 36% increase from the $20.8 million reported in the prior quarter. Gross margin improved to 22%, up from 19% for the prior quarter, and up from 8% for the second quarter of 2009.
Net loss for the quarter was $38.5 million as compared to $29.5 million in the prior quarter. On a non-GAAP basis, net loss for the quarter was $26.1 million as compared to a non-GAAP net loss of $23.8 million in the prior quarter, as improved gross margin was offset by increased spending on research and development and our rapid global expansion. Non-GAAP net loss excludes charges related to stock-based compensation and the change in fair value related to our outstanding warrants. A reconciliation of GAAP results to non-GAAP results is included below.
�We are very pleased to report higher gross margins and steady top-line growth, driven by our best quarter for new Roadster orders since the third quarter of 2008 and our growing powertrain activities,� said Elon Musk, CEO of Tesla Motors. �The Roadster is showing the world that it is possible to drive a beautifully designed, high-performance electric vehicle, underscoring Tesla�s technology leadership position.�
On July 1, 2010, Tesla introduced Roadster 2.5 with new styling and an upgraded interior, its fourth model in two years. Over 1,200 Roadsters are now driving in 28 countries with first sales in Canada, Japan and Hong Kong during the quarter. Customers have driven almost six million miles in their Roadsters as of July 31, 2010. Tesla opened three new stores during the quarter in Copenhagen, Zurich and Newport Beach. Leases have been signed for stores in Tokyo, Paris and Milan with openings scheduled later this year. The Odyssey of Pioneers World Tour, in partnership with Tag Heuer, arrived in the United States and continues to showcase the Tesla Roadster�s ability to travel and charge around the globe from the electric grid with ease. Twelve cities have been visited and almost 10,000 miles traveled.
The launch of the Model S in 2012 remains on track, with significant achievements in design, engineering and manufacturability during the quarter. �The engineering of the Model S continues at a rapid pace. We have completed the design of the Model S to a level of precision sufficient for us to release the CAD data to external suppliers. Laboratory testing of prototype powertrain components for the Model S has also been kicked-off,� Musk said. �Also, we announced an agreement to purchase an automobile manufacturing facility in Fremont, California from NUMMI that will become the future home of Model S production and gives us enough room to expand capacity to manufacture our next generation of electric vehicles.�
Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, announced today that the Company will begin a six-month advertising campaign with DuPont REGISTRY(TM) Magazine.
Beginning with the August issue, the Company’s subsidiary, Imperial Coach Builders, will feature a full page ad highlighting its luxury Ambassador non-stretch SUV Conversion limousines along with Imperial’s new line of custom wheelchair accessible sedans.
Mr. Gary Spaniak, Chief Executive Officer for Electric Car Company, Inc., states, “The DuPont REGISTRY is the premier marketplace for luxury autos in the world and we feel that this advertising venue will elevate and broaden our customer base.”
The company brings together businesses specializing in customizing vehicles & power trains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to “Pure Electric” cars, liquid propane conversions, limousines & other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.
Electric Car Company’s wholly owned subsidiary, Imperial Coach Works, Inc. and its custom manufacturing division Imperial Coach Builders, Inc., is a limousine and specialty vehicle manufacturing entity that operates out of a 60,000-sq/ft facility in Springfield, MO.
No comments:
Post a Comment