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EVCA.OB NASDAQ:CLNE NYSE:HMC Companies That Are Taking The Lead In Protecting Our Enviornment.
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EVCARCO (EVCA.OB) is a new idea in the way we drive today. EVCARCO is a forward thinking company focused on making a difference in the world. EVCARCO's mission is to bring you a wide selection of the world's best environmentally friendly vehicles available.
EVCARCO is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles.
EVCARCO has alternative fuel vehicles, plug-in electric cars, hydrogen fuel injection cars, and hybrid systems from well-known auto makers and eco-friendly car makers you haven't heard of?yet!
EVCARCO brings to market the most advanced clean technologies available, and are on the cutting edge of alternative fuel vehicles. EVCARCO offers both new and pre-owned vehicles. In fact, EVCARCO is dedicated to finding the very best eco-friendly vehicles on the market.
Based in Fort Worth, Texas, EVCARCO plans to open showrooms in 20 new markets across the nation in the next 24 to 48 months and offer their business model as a franchise opportunity.
By offering you a wide selection of environmentally friendly vehicles both online and at dealerships around the U.S.? it's easy to make a choice for a greener world.
Clean Energy Fuels Corp. (Nasdaq:CLNE) and IMW Industries, Ltd. recently signed a definitive agreement for Clean Energy to acquire IMW for consideration of $125 million plus a cash earn-out arrangement. IMW manufactures and services advanced natural gas fueling compressors and related equipment that is sold to station operators and commercial fleets and has provided more than 1,000 installations in over 20 countries. IMW is a private company headquartered near Vancouver, British Columbia with a second manufacturing facility near Shanghai, China.
The purchase price includes $75 million to be paid at closing ($15 million in cash and approximately $60 million in Clean Energy common stock) plus four additional annual payments of $12.5 million each (consisting of $5 million in cash and approximately $7.5 million in cash or Clean Energy common stock to be determined at Clean Energy's option). The earn-out arrangement will pay IMW's shareholders certain percentages of future gross profits earned by IMW over the next four years assuming the gross profit exceeds certain minimum thresholds and up to a maximum of $40 million in the aggregate. Completion of the transaction is subject to certain closing conditions being met, including the registration of the Clean Energy shares paid to IMW shareholders at the closing. The companies intend to close the transaction in the third quarter of 2010. After closing, IMW will maintain separate operations as a subsidiary of Clean Energy.
Clean Energy is the leading provider of natural gas for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 18,300 vehicles at 200 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, Texas and one in Boron, Calif., with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It owns and operates a landfill gas facility in Dallas, Texas, that produces renewable methane gas, or biomethane, for delivery in the nation's gas pipeline network. Clean Energy also owns BAF Technologies, Inc. of Dallas, a leading provider of natural gas vehicle systems and conversions for taxis, limousines, vans, pick-up trucks and shuttle buses.
Honda (NYSE:HMC) operates a next generation solar hydrogen station prototype at the Los Angeles Center of Honda R&D Americas, Inc., intended for ultimate use as a home refueling appliance capable of an overnight refill of fuel cell electric vehicles.
Designed as a single, integrated unit to fit in the user's garage, Honda's next generation Solar Hydrogen Station reduces the size of the system, while producing enough hydrogen (0.5kg) via an 8-hour overnight fill for daily commuting (10,000 miles per year) for a fuel cell electric vehicle.
The previous solar hydrogen station system required both an electrolyzer and a separate compressor unit to create high pressure hydrogen. The compressor was the largest and most expensive component and reduced system efficiency. By creating a new high differential pressure electrolyzer, Honda engineers were able to eliminate the compressor entirely - a world's first for a home use system. This innovation also reduces the size of other key components to make the new station the world's most compact system, while improving system efficiency by more than 25% (value calculated based on simulations) compared to the solar hydrogen station system it replaces.
Compatible with a "Smart Grid" energy system, the Honda Solar Hydrogen Station enables users to refill their vehicle overnight without the requirement of hydrogen storage, which would lower CO2 emissions by using less expensive off-peak electrical power. During daytime peak power times, the Solar Hydrogen Station can export renewable electricity to the grid, providing a cost benefit to the customer, while remaining energy neutral.
Designed for simple, user-friendly operation, the intuitive system layout enables the user to easily lift and remove the fuel hose, with no hose coiling when the hose is returned to the dispenser unit.
Engineered for an 8-hour, slow fill for overnight refilling of a fuel cell electric vehicle, the home-use Solar Hydrogen Station would replenish the hydrogen for a typical daily driving, meeting the commuting requirements of many drivers. As with the previous generation system, the hydrogen purity from the new station meets the highest SAE (J2719) and ISO (14687) specifications.
Installed at the Los Angeles Center of Honda R&D Americas, the new Solar Hydrogen Station will employ the same 48-panel, 6.0kW solar array that powered the previous system. The array utilizes thin film solar cells composed of copper, indium, gallium and selenium (CIGS) produced by Honda Soltec Co., Inc., a wholly-owned subsidiary of Honda that was established for the mass production and sales of solar cells capable of efficient renewable electricity generation. Honda's unique solar cells reduce the amount of CO2 generated during production as compared to conventional solar cells.
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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received fifteen thousand dollars in cash and thirty-five thousand EVCARCO, Inc. (EVCA.OB) restricted shares for 30 days of advertising services.
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