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	<title>Electric Car Stocks &#124; Blog About Electric Cars, Electric Car Stocks, Alternative Energy, and Electric Car Market &#187; Market &amp; Industry</title>
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		<title>Electric Car Company, Inc. Awarded Contract to Build Limobuses for Don Brown Bus Sales</title>
		<link>http://electriccarstocks.com/2010/07/06/electric-car-company-inc-awarded-contract-to-build-limobuses-for-don-brown-bus-sales/</link>
		<comments>http://electriccarstocks.com/2010/07/06/electric-car-company-inc-awarded-contract-to-build-limobuses-for-don-brown-bus-sales/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 13:44:50 +0000</pubDate>
		<dc:creator>Josh Schaffer</dc:creator>
				<category><![CDATA[Electric Car Stocks]]></category>
		<category><![CDATA[Market & Industry]]></category>
		<category><![CDATA[All electric car]]></category>
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		<category><![CDATA[Imperial Coach]]></category>
		<category><![CDATA[party buses]]></category>

		<guid isPermaLink="false">http://electriccarstocks.com/?p=397</guid>
		<description><![CDATA[$750,000.00 Contract Calls for Company to Convert Up to 25 Bus Chassis Into Imperial Coach Limobuses
SPRINGFIELD, Mo., Jul 6, 2010 (GlobeNewswire via COMTEX) &#8212; 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 it has been awarded a 12 [...]]]></description>
			<content:encoded><![CDATA[<p>$750,000.00 Contract Calls for Company to Convert Up to 25 Bus Chassis Into Imperial Coach Limobuses</p>
<p>SPRINGFIELD, Mo., Jul 6, 2010 (GlobeNewswire via COMTEX) &#8212; 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 it has been awarded a 12 month contract with Don Brown Bus Sales, Inc. The Contract, valued at $750,000.00, calls for Electric Car Company, (ECC), to convert up to twenty-five (25) Federal Coach bus chassis into Imperial Coach limobuses. The Company plans to deliver the first two buses by mid-August of this year.<br />
It was reported in LCT magazine in January of this year that the Federal Coach Bus line manufacturer out of Goshen, Indiana, is no longer producing limousine-style interiors for its buses. Federal is now concentrating solely on shuttles and mass-transit style buses. This has created a vacuum in the limobus sector for the chauffeured transportation industry, one that Electric Car Company has been poised to exploit.</p>
<p>The Company will facilitate the conversions of the buses through its wholly owned subsidiary, Imperial Coach Works, Inc., and its custom manufacturing division, Imperial Coach Builders, Inc. Imperial Coach is well known to be one of the premier designers of limobus interiors in the United States. The company is very excited to be given this vote of confidence by Don Brown Bus Sales, the exclusive dealer of Federal Coach Buses in the Northeastern United States.</p>
<p>For 35 years, Don Brown Bus Sales, Inc. has been delivering the Best-In-Class Customer Service and Safe, High Quality Vehicles for the Transportation Industry. They carry one of the largest inventories of new buses and new vans in the Northeast. &#8220;We are thrilled with our new partnership with Imperial Coach Builders,&#8221; said A.J. Thurber of Don Brown Bus Sales. Mr. Thurber continues by saying, &#8220;The Federal Coach Bus products are in a league of their own, the quality is unsurpassed in the bus market today. With our limo interiors from Imperial, we will offer the highest quality limo bus on the market with unparalleled design.&#8221; For more info visit: www.buscrazy.net.</p>
<p>Imperial&#8217;s plans for these buses will rival anything the company has built to date. Each vehicle will reflect Imperial&#8217;s long-standing commitment to elegance and craftsmanship, as well as its innovative designs. To begin with, each will be designed with a full, color wash ceiling, as well as fiber-optic and LED mood lighting. They will all include state-of-the-art, electronic entertainment systems, and richly appointed, luxurious upholstery. &#8220;We are very excited about working with Mr. Thurber and his team at Don Brown Bus Sales,&#8221; stated Tom Fielding, Vice President of Sales and Marketing for Imperial Coach Builders. &#8220;We look forward to a long standing and fruitful relationship for both our companies.&#8221;</p>
<p>www.electriccarstocks.com</p>
<p>About Electric Car Company, Inc.</p>
<p>Electric Car Company, Inc., (OTCBB:ELCR) is a vehicle conversion Company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The company brings together businesses specializing in customizing vehicles &#038; power trains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to &#8220;Pure Electric&#8221; cars, liquid propane conversions, limousines &#038; other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.</p>
<p>The Company has positioned itself to deliver full &#8220;Pure Electric&#8221; Specialty Vehicles in 2010. By accomplishing this goal the Company is poised to fulfill its strategy to offer and expand the company&#8217;s line of products that will revolutionize the specialty automotive vehicle market.</p>
<p>Electric Car Company&#8217;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., www.limoland.com.</p>
<p>Forward-Looking Statements</p>
<p>Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company&#8217;s control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company&#8217;s filings with the Securities and Exchange Commission.</p>
<p>This news release was distributed by GlobeNewswire, www.globenewswire.com</p>
<p>SOURCE: Electric Car Company</p>
<p>By Staff</p>
<p>CONTACT:          CONTACT:  Electric Car Company, Inc.<br />
                  IR Pro 2.0<br />
                  Henry Harrison<br />
                  407-682-2001<br />
                  hharrison@insidewallstreet.com</p>
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		<title>Company in Springfield MO makes traveling easier for those in wheelchairs</title>
		<link>http://electriccarstocks.com/2010/07/01/company-in-springfield-mo-makes-traveling-easier-for-those-in-wheelchairs/</link>
		<comments>http://electriccarstocks.com/2010/07/01/company-in-springfield-mo-makes-traveling-easier-for-those-in-wheelchairs/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 14:14:06 +0000</pubDate>
		<dc:creator>Josh Schaffer</dc:creator>
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		<description><![CDATA[
by Sara Forhetz, KY3 News
SPRINGFIELD, Mo.&#8211; For the first time a person in a wheelchair doesn&#8217;t need a large van or bus fitted with a lift to get around. A four-door sedan will now do the job, with a few innovative adjustments to make it a little easier to travel.
Imperial Coach Builders has retrofitted a [...]]]></description>
			<content:encoded><![CDATA[<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="320" height="264" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowScriptAccess" value="always" /><param name="wmode" value="transparent" /><param name="AllowFullScreen" value="true" /><param name="src" value="http://www.ky3.com/v/?i=97055214" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="320" height="264" src="http://www.ky3.com/v/?i=97055214" allowfullscreen="true" wmode="transparent" allowscriptaccess="always"></embed></object></p>
<p><span style="color: #c0c0c0;"><a href="http://www.ky3.com/news/local/97055214.html">by Sara Forhetz, KY3 News</a></span><br />
SPRINGFIELD, Mo.&#8211; For the first time a person in a wheelchair doesn&#8217;t need a large van or bus fitted with a lift to get around. A four-door sedan will now do the job, with a few innovative adjustments to make it a little easier to travel.</p>
<p>Imperial Coach Builders has retrofitted a Lexus E350 to make it easier for the owner to get in and out. At the touch of a button, the car opens up, allowing easier access.<br />
Imperial wants to show war veterans who are back from Iraq and Afghanistan that they have another option, other than a minivan or bus. Workers at Imperial say they&#8217;re proud to be a part of the project.<br />
The company hopes to be able to help more people out there with disabilities. If the prototype works, and everything goes well, it could produce several hundred cars a year.<br />
The Lexus conversion costs about $13,000. However, a domestic car will be much cheaper. Also, if they can mass produce the cars, the cost will go down. Imperial is shopping the car to Veterans Administration hospital patients.</p>
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		<title>Liberty Electric Cars</title>
		<link>http://electriccarstocks.com/2010/06/14/liberty-electric-cars/</link>
		<comments>http://electriccarstocks.com/2010/06/14/liberty-electric-cars/#comments</comments>
		<pubDate>Mon, 14 Jun 2010 17:44:42 +0000</pubDate>
		<dc:creator>nrossique</dc:creator>
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		<category><![CDATA[Zero-Emission]]></category>

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		<description><![CDATA[Liberty Electric Cars a UK startup is planning to create the first Zero-Emission sport utility vehicles, by putting all-electric power trains into Range Rovers. The CEO Barry Shrier explains why.

Electric Car Company, Inc. Enters Into Agreement to Join Forces With Liberty Electric Cars, USA LLC
The Proposed Joint Venture Paves the Way to Manufacture Luxury 4X4 [...]]]></description>
			<content:encoded><![CDATA[<p>Liberty Electric Cars a UK startup is planning to create the first Zero-Emission sport utility vehicles, by putting all-electric power trains into Range Rovers. The CEO Barry Shrier explains why.</p>
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<p><strong>Electric Car Company, Inc. Enters Into Agreement to Join Forces With Liberty Electric Cars, USA LLC</strong></p>
<p>The Proposed Joint Venture Paves the Way to Manufacture Luxury 4X4 Pure Electric Vehicles Using Patented Technologies</p>
<p>SPRINGFIELD, Mo., Jun 15, 2010 (GlobeNewswire via COMTEX) &#8212; Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, today announces entering into a Letter Of Intent Agreement with Liberty Electric Cars, USA LLC to combine the respective expertise of the two Companies in the production of zero emission, Pure Electric vehicles, (view video). The proposed Joint Venture is subject to the execution of a definitive agreement.<br />
The joint venture will focus initially on the conversion of large luxury 4&#215;4 vehicles like the Range Rover, using Liberty&#8217;s groundbreaking proprietary electric power train technology as well as the manufacture of unique new Electric Vehicles like the exciting Bug &#8220;e&#8221; project. Initially based at the Electric Car Company conversion center in Springfield, Missouri, the agreement will also include the establishment of further conversion centers across the United States on a franchise or company-owned basis.</p>
<p>While the major focus of the EV industry has been on small city cars, Liberty Electric Cars has developed revolutionary technologies that enable large vehicles such as 4&#215;4s to be converted into 100 per cent &#8220;Pure Electric&#8221; drive trains. This proprietary technology provides performance comparable with internal combustion engine vehicles, and in some respects, even better. It works by replacing the entire internal combustion engine drive train with a proprietary electric power system using four on-board motors (one for each wheel), and incorporating a state-of-the-art energy storage system. This provides a performance of 0-60 mph in less than 6 seconds with a top speed of 110mph and range ability of 200 miles on a 6- hour charge. This has never before been achieved in the 4&#215;4 sector.</p>
<p>Electric Car Company specializes in electric conversion and manufacturing for the livery and fleet markets including VIP corporate limousines and delivery trucks. CEO Gary Spaniak explains the thinking behind the collaboration: &#8220;By signing a letter of intent with Liberty Electric Cars, we are able to utilize the most innovative electric vehicle technologies available for sophisticated, luxury 4&#215;4 vehicles in the so called light-duty truck sector.&#8221; Mr. Spaniak continues by stating, &#8220;We are incredibly excited about this new venture and feel that as a combined force we can offer products that will revolutionize the market for luxury and large 4&#215;4s, providing for the first time ever, a real alternative to the old and dirty internal combustion engine.&#8221;</p>
<p>&#8220;The new partnership with ECC is very important to Liberty Electric Cars,&#8221; explains Liberty&#8217;s Managing Director Ian Hobday. &#8220;It allows us to use our proprietary and patented technology to convert cars for the U.S. market according to American standards in the very modern and high-tech facilities provided by ECC.&#8221; Mr. Hobday continues by stating, &#8220;With the world&#8217;s first pure electric luxury 4&#215;4, the Liberty E-Range, about to launch in the UK; the development of a fun, 100% electric, beach buggy-style vehicle (bug &#8220;e&#8221;) for the U.S. market, and the announcement of the ECC partnership, we are at a very exciting stage in the company&#8217;s growth and we are all looking forward to what the future holds.&#8221;</p>
<p>*In line with automotive industry methods of calculation</p>
<p>Notes to Editors</p>
<p>About Liberty Electric Cars</p>
<p>Liberty Electric Cars, www.liberty-ecars.com is a clean technology company based in Oxford, UK, and with offices in Chicago USA. The Company has invested in the re-engineering of existing large, luxury vehicles (new or used). Their teams of highly skilled engineers have applied their significant expertise in automotive and electric power train technologies to develop a unique and patented Pure Electric propulsion system for SUVs, MPVs and 4&#215;4s. The technology enables Liberty to convert large 4&#215;4s and similar vehicles so that they are zero-emission yet still provide outstanding performance. Liberty Electric Cars aims to become the global leader for the profitable exploitation of innovative electric drive trains for light-duty trucks (LDTs) based on clean technologies, creating cars that are zero emission, reduce noise pollution and provide high performance, quality and reliability.</p>
<p>About Electric Car Company, Inc.</p>
<p>Electric Car Company, Inc. (OTCBB:ELCR) is a vehicle conversion Company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The company brings together businesses specializing in customizing vehicles &amp; power trains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to &#8220;Pure Electric&#8221; cars, liquid propane conversions, limousines &amp; other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.</p>
<p>The Company has now positioned itself to deliver full &#8220;Pure Electric&#8221; Specialty Vehicles in 2010. By accomplishing this goal the Company is poised to fulfill its strategy to offer and expand the company&#8217;s line of products that will revolutionize the specialty automotive vehicle market.</p>
<p>Electric Car Company&#8217;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., www.limoland.com.</p>
<p>www.electriccarstocks.com</p>
<p>Forward-Looking Statements</p>
<p>Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company&#8217;s control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company&#8217;s filings with the Securities and Exchange Commission.</p>
<p>This news release was distributed by GlobeNewswire, www.globenewswire.com</p>
<p>SOURCE: Electric Car Company</p>
<p>By Staff</p>
<p>CONTACT:          CONTACT:  ELCR<br />
Henry Harrison, IR Pro 2.0<br />
407-682-2001<br />
hharrison@insidewallstreet.com</p>
<p>Liberty Electric Cars<br />
Beth Robinson<br />
Lily Pickard<br />
Liberty Electric Cars Press Office c/o Focus PR, 6th Floor<br />
9 Kingsway, London, WC2B 6XF<br />
020 7845 6600<br />
libertyelectriccars@focuspr.co.uk</p>
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		<title>Electric Car Company, Inc. Reports $584,000.00 in Signed Purchase Orders for the Three Months Ended March 31st, 2010</title>
		<link>http://electriccarstocks.com/2010/04/26/electric-car-company-inc-reports-584000-00-in-signed-purchase-orders-for-the-three-months-ended-march-31st-2010/</link>
		<comments>http://electriccarstocks.com/2010/04/26/electric-car-company-inc-reports-584000-00-in-signed-purchase-orders-for-the-three-months-ended-march-31st-2010/#comments</comments>
		<pubDate>Mon, 26 Apr 2010 13:37:32 +0000</pubDate>
		<dc:creator>Josh Schaffer</dc:creator>
				<category><![CDATA[Electric Car Stocks]]></category>
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		<category><![CDATA[Purchase Orders]]></category>
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		<guid isPermaLink="false">http://electriccarstocks.com/?p=345</guid>
		<description><![CDATA[Sales Represent Over Half of Revenues Generated in 2009
SPRINGFIELD, Mo., Apr 26, 2010 (GlobeNewswire via COMTEX) &#8212; Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, today announces that for the first three months ended March 31st, 2010 the Company reports $584,000.00 [...]]]></description>
			<content:encoded><![CDATA[<p>Sales Represent Over Half of Revenues Generated in 2009</p>
<p>SPRINGFIELD, Mo., Apr 26, 2010 (GlobeNewswire via COMTEX) &#8212; Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, today announces that for the first three months ended March 31st, 2010 the Company reports $584,000.00 in signed purchase orders. This represents a total of 13 vehicles being manufactured or converted into specialty vehicles.<br />
Estimated sales reported in the first three months of 2010 represent more than half of the entire revenues generated in 2009. It is important to note that actual revenue to be realized by the Company is dependent on delivery of the vehicles and may not be reported as revenue during the first quarter. It is expected that all vehicles will be completed and delivered by the second quarter of 2010.</p>
<p>In the 10-K recently released for year ended December 31st, 2009, the Company reported total revenues of $1,144,000.00 with a net loss from continuing operations of $1,911,499.00. Losses are attributed to high start up costs as well as a softening of the credit available in the automobile market.</p>
<p>The Electric Car Company (ECC) reports that approximately 50% of orders in the first quarter consisted of buses to be converted into specialty &#8220;Party Buses&#8221; commonly used for special events such as weddings and sporting events. The balance of production consists of standard limousines manufactured from Cadillac Escalades, Ford Navigators and Hummers.</p>
<p>Among the limousines being manufactured are 2 &#8220;Pink&#8221; super stretch limousines. ECC has committed to make a contribution to the Breast Cancer Foundation of the Ozarks, (www.bcfo.org), for every pink limousine sold. This was made mention of in a previous press release dated November 6th announcing the Company&#8217;s attendance at the Limo Digest Show held in Atlantic City, NJ.</p>
<p>Management would like to inform the public that the Company has maintained its QVM Program qualification requirements with Ford Motors. This qualifies ECC to be eligible for Ford&#8217;s new 4-year, 150 thousand mile warranty, only available to qualified QVM builders.</p>
<p>Mr. Gary Spaniak, CEO of Electric Car Company, Inc., stated, &#8220;In light of a tough last year and other contributing factors, I think we did very well.&#8221; Mr. Spaniak continued by stating, &#8220;We are very excited about how this year has started and the Company has many exciting prospects for the future.&#8221;</p>
<p>www.electriccarstocks.com</p>
<p>About Electric Car Company, Inc.</p>
<p>Electric Car Company, Inc. (OTCBB:ELCR) is a vehicle conversion Company that specializes in electric conversion and manufacturing for the Livery and Fleet Markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The Company brings together businesses specializing in customizing vehicles &#038; powertrains. This proven business strategy is building a dominant presence in the aftermarket automotive up-fitter segment, including, but not limited to &#8220;Pure Electric&#8221; cars, liquid propane conversions, limousines &#038; other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.</p>
<p>The Company fully expects to have the first zero emissions, &#8220;Pure Electric&#8221; livery vehicle ready to unveil by second quarter 2010. The long-term strategy is to offer and expand the Company&#8217;s line of products that will revolutionize the specialty automotive vehicle market.</p>
<p>Electric Car Company&#8217;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., www.limoland.com.</p>
<p>Forward-Looking Statements</p>
<p>Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company&#8217;s control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company&#8217;s filings with the Securities and Exchange Commission.</p>
<p>This news release was distributed by GlobeNewswire, www.globenewswire.com</p>
<p>SOURCE: Electric Car Company</p>
<p>By Staff</p>
<p>CONTACT:          CONTACT:  Electric Car Company<br />
                  IR Pro 2.0<br />
                  Henry Harrison<br />
                  407-682-2001<br />
                  hharrison@insidewallstreet.com</p>
<p>(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.</p>
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		<title>Electric Car Company, Inc. Utilizes Grant From the State of Missouri to Increase Efficiency and Lower Overhead Costs</title>
		<link>http://electriccarstocks.com/2010/03/31/electric-car-company-inc-utilizes-grant-from-the-state-of-missouri-to-increase-efficiency-and-lower-overhead-costs/</link>
		<comments>http://electriccarstocks.com/2010/03/31/electric-car-company-inc-utilizes-grant-from-the-state-of-missouri-to-increase-efficiency-and-lower-overhead-costs/#comments</comments>
		<pubDate>Wed, 31 Mar 2010 17:05:23 +0000</pubDate>
		<dc:creator>Josh Schaffer</dc:creator>
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		<description><![CDATA[Lean Manufacturing Process Gives Company Competitive Advantage
SPRINGFIELD, Mo., Mar 31, 2010 (GlobeNewswire via COMTEX) &#8212; Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, announces that the Company has utilized a training Grant from the State of Missouri to increase efficiency and [...]]]></description>
			<content:encoded><![CDATA[<p>Lean Manufacturing Process Gives Company Competitive Advantage</p>
<p>SPRINGFIELD, Mo., Mar 31, 2010 (GlobeNewswire via COMTEX) &#8212; Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, announces that the Company has utilized a training Grant from the State of Missouri to increase efficiency and lower overhead costs. Implementing &#8220;Lean Manufacturing&#8221; processes and lowering overall manufacturing costs gives the Company a competitive advantage in the market.<br />
By utilizing the Training Grant awarded to the Company, an independent team of efficiency experts was hired to help overhaul its production process at no cost to The Electric Car Company. The goal is to drastically reduce lead-time and mistakes while improving staffing for the job by reconfiguring traditional assembly lines into productive cells based on one-piece flow.</p>
<p>As a result several steps were taken. The Company has been able to reduce its full time assembly force from 30 down to 19. Any additional labor will be brought in on a job-by-job basis, which also saves on excessive overtime costs. Other areas have been streamlined such as the accounting, marketing and administrative staff that have been reduced by 50%.</p>
<p>The Company has also taken steps to ramp up sales by reducing the salary expense of its sales personnel while increasing the commission structure. This has proven to be very effective with the evidence of the increased sales and contract work brought into the Company in the first quarter of this year.</p>
<p>Mr. Gary Spaniak, CEO of Electric Car Company, Inc. stated, &#8220;By utilizing the programs offered by the state, we&#8217;ve been able to continue training at a minimal cost to the company.&#8221; Mr. Spaniak continued by stating, &#8220;The staff is on board with it all. It&#8217;s not only made us leaner, but it has made us stronger, as well.&#8221;</p>
<p><a href="http://electriccarstocks.com">www.electriccarstocks.com</a></p>
<p>About Electric Car Company, Inc.</p>
<p>Electric Car Company, Inc., (OTCBB:ELCR) is a vehicle conversion company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The company brings together businesses specializing in customizing vehicles and powertrains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to &#8220;Pure Electric&#8221; cars, liquid propane conversions, limousines &#038; other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.</p>
<p>The Company fully expects to have the first zero emissions, &#8220;Pure Electric&#8221; livery vehicle ready to unveil by second quarter of 2010. The long-term strategy is to offer and expand the company&#8217;s line of products that will revolutionize the specialty automotive vehicle market.</p>
<p>Electric Car Company&#8217;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., <a href="www.limoland.com">www.limoland.com</a>.</p>
<p>Forward-Looking Statements</p>
<p>Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company&#8217;s control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company&#8217;s filings with the Securities and Exchange Commission.</p>
<p>This news release was distributed by GlobeNewswire, <a href="www.globenewswire.com">www.globenewswire.com</a></p>
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		<title>Don’t Just Drive…..THINK! Care Free and Clean Mobility</title>
		<link>http://electriccarstocks.com/2010/03/29/don%e2%80%99t-just-drive%e2%80%a6-think-care-free-and-clean-mobility/</link>
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		<pubDate>Mon, 29 Mar 2010 20:08:07 +0000</pubDate>
		<dc:creator>Josh Schaffer</dc:creator>
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		<description><![CDATA[Think Global the electric car company located in Aurskog, Norway, which manufactures cars under the TH!NK  brand. They first started 19 years ago with the name Pivco (Personal Independent Vehicle Company). Ford acquired the company circa 1999 when Pivco’s finances dried up. After being acquired by Ford they invested 150 million dollars, started production [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://thinkev.com">Think Global</a></strong> the electric car company located in Aurskog, Norway, which manufactures cars under the TH!NK  brand. They first started 19 years ago with the name <strong>Pivco</strong> (Personal Independent Vehicle Company). Ford acquired the company circa 1999 when Pivco’s finances dried up. After being acquired by Ford they invested 150 million dollars, started production of the Think City and marketed electrically driven bicycles as well as golf carts under the same brand. In 2002 production ceased after 1005 unites were made, then Ford decided to drop TH!NK in 2003 due to changes in the California zero-emissions vehicle policy. The company was then sold to KamKorp Microelectronics of Switzerland, owned by Kamal Siddiqi.</p>
<p>In 2004, the company started the development of the TH!NK public, a micro size electric bus that could be rented to customers for inner city travel. By February 2006, prototypes of the vehicle had been developed, but the company went into receivership. At the end of March 2006, Think Nordic was acquired by Norwegian investment group InSpire, which includes the original founder Jan Otto Ringdal as a partner. The company was renamed to Think Global.</p>
<p>During recent years, a wave of environmentally conscience individuals as well as climate change awareness has ripened the market for alternative mobility solutions. TH!NK is here to do just that, offer a new alternative for mobility. TH!NK uses a combination of Scandinavian design and new technology. This enables them to produce practical and modern electric cars that are three times as energy efficient as cars on the road today and produce zero emissions. Using state-of-the-art batteries in the Think City allows you to drive up to 160km or 112 miles on a single charge. TH!NK is also taking full responsibility for the battery if anything should happen. With the top speed of the Think City at 60mph it is perfect for any daily commute. </p>
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		<title>A NEW SOLUTION FOR ELECTRIC CAR COMPANIES ACROSS THE GLOBE</title>
		<link>http://electriccarstocks.com/2010/03/19/a-new-solution-for-electric-car-companies-across-the-globe/</link>
		<comments>http://electriccarstocks.com/2010/03/19/a-new-solution-for-electric-car-companies-across-the-globe/#comments</comments>
		<pubDate>Fri, 19 Mar 2010 05:19:28 +0000</pubDate>
		<dc:creator>nrossique</dc:creator>
				<category><![CDATA[Electric Car Stocks]]></category>
		<category><![CDATA[Market & Industry]]></category>
		<category><![CDATA[Better Place]]></category>
		<category><![CDATA[Charge Stations]]></category>
		<category><![CDATA[Electric Car]]></category>
		<category><![CDATA[Electric Car Company]]></category>
		<category><![CDATA[electric car stock]]></category>
		<category><![CDATA[HSBC]]></category>

		<guid isPermaLink="false">http://electriccarstocks.com/?p=281</guid>
		<description><![CDATA[ Electric Car Charging applications and the companies involved in that space may not be the main focus of our blog but  it is important to be aware of the concerns many electric car consumers are faced with. The main concern is the lack of electric car charging stations. Better Place seems to have the [...]]]></description>
			<content:encoded><![CDATA[<p><strong> Electric Car Charging applications and the companies involved in that space may not be the main focus of our <a href="http://electriccarstocks.com">blog</a> but  it is important to be aware of the concerns many electric car consumers are faced with. The main concern is the lack of electric car charging stations. Better Place seems to have the solution. Not only have they developed an effective infrastructure of charging stations but they will also have something they call </strong><strong>“Switch Stations”<strong><strong>.<strong> </strong></strong></strong></strong></p>
<p><strong><strong><strong><strong><strong> <strong><strong>Switch Stations are kind of like Gas Stations for electric cars. The concept is simple, you drive up a ramp and a machine that operates similar to a conveyor belt with some other contraptions removes the battery which is located at the bottom of  the electric car and then replaces it with the new fully charged battery. When I first heard of this concept I was completely confused but when I saw the video I was convinced that this process made sense. In addition Better Place provides a software that lets you know where the nearest charging stations and switch stations are. This is important due to the fact that all electric vehicle owners typically experience anxiety when their battery runs low. Knowing that there is a station within range helps avoid this issue.</strong></strong></strong></strong></strong></strong></strong></p>
<p><strong><strong><strong><strong><strong><strong><strong> <strong><strong>Hsbc, Lazard Asset Management and Morgan Stanley Investment Management, also seems to be convinced about this companies ability to create an electric car charging infrastructure. In fact, they are so convinced that they invested </strong><strong>350 million</strong><strong> dollars into Better Place giving the company a new valuation of 1.25 billion dollars. The company is not public at this point but my Gutt is telling me that this company will most likely be public in the near future.</strong></strong></strong></strong></strong></strong></strong></strong></strong></p>
<p><strong><strong><strong><strong><strong><strong><strong><strong><strong> <strong> </strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></p>
<p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>If you think that’s exciting, listen to this, the company seems to be working with Nissan-Renault which will create a unique electric car that will be sold in markets where Better Place has a presence. This is purely speculation at this point but if Better Place decided not to go public it may decide to be acquired by one of  its partners. Again, this is purely speculation right now but if Better Place started to see some momentum and I were making the decision at Nissan-Renault. I would have a huge interest in acquiring Better Place!</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></p>
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