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ELCR News -- Alternative Fuels

: Electric Car Courting Liberty

Monday, June 21, 2010 10:01 AM

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News for 'ELCR' - (Alternative Fuels: Electric Car Courting Liberty)



Jun 21, 2010 (FinancialWire via COMTEX) -- (Comment on this article at
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June 21, 2010 (FinancialWire) (Go to
for all of today's featured news.) -- Electric Car Company, Inc. (OTCBB: ELCR)
said it has a letter of intent agreement with Liberty Electric Cars, USA LLC to
combine the expertise of the two companies in the production of zero emission,
pure electric vehicles.

The proposed joint venture is in the initial stages and will not begin until and
unless a definitive agreement is executed by both companies.

The joint venture would focus initially on the conversion of large luxury 4x4
vehicles like the Range Rover, using Liberty's proprietary electric power train
technology as well as the manufacture of unique new electric vehicles like the
Bug "e" project.

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 4x4s to be converted into "pure electric" drive trains. This
proprietary technology works by replacing the entire internal combustion engine
drive train with an electric power system using four on-board motors (one for
each wheel), and incorporating a state-of-the-art energy storage system. The
company claims a performance of 0-60 mph in less than six seconds with a top
speed of 110 mph and range ability of 200 miles on a six-hour charge.

Electric Car Company specializes in electric conversion and manufacturing for
the livery and fleet markets including VIP corporate limousines and delivery
trucks. The company noted in its most recent SEC filing that it has operated at
a loss since its inception and is dependent on cash from its officers to
continue doing business.

Liberty Electric Cars is a clean technology company based in Oxford, UK, and
with offices in Chicago USA.

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Source: Comtex Wall Street News