I knew a plug-in fuel cell vehicle would emerge, and I knew the best application for fuel cells is trucking. The future has arrived. See more pics on Vision Industries homepage here.
LOS ANGELES--(Business Wire)--
Vision Industries Corp. (OTCBB:VIIC), producers of the zero emission, plug-in electric/hydrogen fuel cell hybrid, Tyranosemi truck, are pleased to announce that Governor Arnold Schwarzenegger introduced the Tyrano to the people of California, at the East Steps of the State Capitol building in Sacramento, the morning of Oct. 20, 2009.
Vision Industries Zero Emission Tyrano truck is initially designed to replace diesel and LNG short haul trucks in California. There are currently more than 100,000 short haul trucks in California and more than 1 million nationwide. Traditionally, short haul trucking is done by trucks that are on the later part of their life cycle, meaning less efficient and more polluting trucks. Also, short-haul trucking predominantly occurs in populated urban areas, affecting the health and quality of life of millions of California residents.
"This truck produces zero greenhouse gas emissions and is proof you can protect the environment and the economy at the same time. This is exactly the kind of technology we need to keep California on a path toward a greener future," said Governor Schwarzenegger.
Secretary for Environmental Protection Linda Adams quoted, "This product is the direct result and proof of California's Environmental Policies."
Vision CEO Martin Schuermann stated that "these trucks are 30% to 40% cheaper to operate than diesel trucks. We expect a strong market demand once these trucks are in the hands of California truckers."
To view footage of the Governor and the Tyrano please visit www.visionindustriescorp.com.
About Vision Industries Corp.
Vision is a provider of plug-in electric/hydrogen fuel cell powered hybrid vehicles and turnkey hydrogen fueling systems. Vision`s proprietary hybrid drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. Vision uses major manufacturers as partners or sub contractors to produce its vehicles. This business approach avoids massive outlays of startup capital. Many regional, state and federal alternative energy programs in the form of grants, subsidies, tax credits and loans exist or are planned.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.