ECAU Echo Automotive, Inc.
World-class facilities provide a cutting edge foundation for EchoDrive advanced R&D
What is EchoDrive?
EchoDrive is a revolutionary cost-reduction platform for converting fleet vehicles into highly fuel-efficient plug-in hybrids. For the first time, fleet operators have an option to significantly reduce their operating expenses
with a low risk and cost effective solution where the 'real-world' payback can be 24-36 months or less. EchoDrive can be easily bolted onto new and existing vehicles cost-effectively, for the purpose of substantially reducing a fleet vehicle's operating cost.
EchoDrive, a revolutionary patent-pending cost-reduction solution for converting fleet vehicles into highly fuel-efficient plug-in hybrids. EchoDrive can be easily bolted onto new and existing vehicles cost-effectively, for the purpose of substantially reducing a vehicle's fuel consumption. For the first time, fleet operators have an option that allows them to significantly reduce their fuel expenses with a solution that makes both short term as well as long term economic sense.
How it works
Echo Automotive, Inc. (OTCQB: ECAU)
Short Term ROI
While other solutions claim a possible ROI in 6 years or more, EchoDrive targets a payback of 24 months or less, without the need for rich subsidies.
Modular Battery Pack
Our modular battery pack allows fleets to deploy just the amount of expensive batteries needed on each vehicle to shorten the payback period.
Ability to Rapidly Scale
By leveraging mostly off-the-shelf components from industry leading automotive suppliers, EchoDrive can scale to delivering hundreds-of-thousands of kits without manufacturing risk.
Broad Vehicle Deployment
Complete retrofit kits and new vehicles take significant design and regulatory approval. EchoDrive can be fitted on many vehicle models with adapter plates and brackets.
Low Risk to Fleet Operations
In the unlikely event of a component failure, the vehicle will simply revert to its pre-conversion operating capabilities. This eliminates the fear of unproven new technologies affecting operations. Predictable vehicle resale value.
New Financing Options
Because of EchoDrive's short ROI, shared savings models and preapproved financing options allow cash-poor companies to benefit from day one.
EchoDrive has been thoroughly evaluated using advanced dynamotor tests.
The U.S. Market
OverviewAccording to the U.S. Department of Transportation, there are over 100 million light-to-medium duty trucks on the road in the U.S. today. Many of these vehicles are used in commercial or government fleets. Initially, Echo intends to focus on selling EchoDrive into the existing fleet market. Echo is initially focused on the top 1,000 commercial fleets, which represent significant potential opportunity for EchoDrive.
Main Site http://www.echoautomotive.com
Video Presentation: http://www.echoautomotive.com/investors/presentations
.pdf Presentation: http://www.echoautomotive.com/uploads/default/files/investor-presentation-december-2012-small.pdf
2469 E. Fort Union Blvd
Salt Lake City, UT, 84121
|Market Value1 ||$124,500,000 ||a/o Jan 25, 2013 |
|Shares Outstanding ||75,000,000 ||a/o Nov 09, 2012 |
|Float ||Not Available |
|Authorized Shares ||650,000,000 ||a/o Sep 30, 2011 |
|Par Value ||0.001 |
|Shareholders of Record ||38 ||a/o Mar 29, 2012 |
| ||Ex. Date ||Record Date ||Pay Date |
|Dividend (0.00) ||Aug 28, 2012 ||Aug 27, 2012 ||Aug 27, 2012 |