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Phoenix Motorcars Delighted with First Production Battery Pack from Altairnano
Source: Phoenix Motorcars
(11/30/2006)

Phoenix Motorcars SUT (Courtesy Phoenix Motorcars)Phoenix Motorcars announced today that it has installed the first NanoSafe production battery pack system from Altairnano (NASDAQ: ALTI) in a Phoenix Motorcars sports utility truck (SUT), and completed initial testing. “The results are amazing, we are delighted with the quality of construction and the specification of this first production battery pack,” says Phoenix Motorcar CEO Daniel J. Elliott. The battery pack is a 35KWh configuration and will enable Phoenix to equip a SUT that can be charged in 10 minutes and achieve up to 130 miles between charges. This SUT will be used as a demonstration vehicle for initial sales, and already it is committed for multiple prospect demonstrations and a trade show in December. “Based on early feedback we are confident we will be able to sell at least 500 vehicles into the fleet market during 2007. The SUT is an ideal vehicle for fleets because it combines a large payload capability with the ability to carry 5 adults at freeway speeds, and deliver a driving range of 100+ miles. With over 200,000 fleet vehicles in California alone, and no one else providing a viable zero emission, fleet-ready vehicle, we have an outstanding market opportunity. Now that we have seen the production quality of Altairnano’s NanoSafe batteries we know we have a winner,” added Dan Elliott. ABOUT PHOENIX MOTORCARS, INC. Phoenix Motorcars Inc., headquartered in Ontario, California, has been an industry leader in the development of battery electric freeway speed vehicles since 2001. The mission of Phoenix Motorcars is to manufacture zero emission vehicles including Sport Utility Trucks and Sport Utility Vehicles to reduce the toxic emissions from the largest contributor to air pollution, personal automobiles. For additional information visit: www.phoenixmotorcars.com. Contacts Phoenix Motorcars Jana White, +1-909-987-0815 jana@phoenixmotorcars.com

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www.phoenixmotorcars.com
 
www.altairnano.com
 
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