eCarfly Announces - FORD MOTOR COMPANY to Review AFC's Co-Fuelling Engine Technology for Retro Fitting on Diesel Engine Production - Estimated Revenues to Exceed 462 Million Dollars Tuesday March 6, 6:00 am ET
DALLAS--(BUSINESS WIRE)--eCarfly, Inc. (PINK SHEETS: ECFL - News) announced today that the Alternative Fuels Company (AFC) in correlation with eCarfly is scheduling to showcase the Co-Fuelling Engine Technology to the FORD MOTOR COMPANY. The AFC's Co-Fuelling Engine Technology will provide an alternative means of reducing emissions in their diesel product line. This technology provides a highly cost effective means to reducing emissions in the FORD diesel engine line-up, by uniting FORD MOTOR COMPANY'S already existing efforts on pollution with the world renowned technology offered by the AFC. Revenue projections are described below. ADVERTISEMENT
According to a Ford Motor Company press release, "Ford will usher in America's clean diesel era when it introduces the all-new 2008 F-Series Super Duty pickup early next year. The truck's 6.4-liter Power Stroke® engine will be Ford's cleanest, quietest pickup diesel ever - with particulate emissions equivalent to a gasoline engine.
"Diesel engines have become the powertrain of choice for heavy duty pickup truck buyers in the U.S. because they provide more torque for maximum towing and hauling. The diesel engine's torque advantage comes, in part, because the fuel is ignited with compression - the piston's compression stroke is so intense that the fuel combusts spontaneously. The process is far more efficient than igniting fuel with spark plugs, as in gasoline engines.
"Since 2001, annual diesel truck registrations have increased from about 400,000 vehicles in 2001 to more than 500,000 today, and Ford has long been the industry leader. Ford has sold 1.3 million diesel-powered F-Series pickups in the U.S. since 2001. On an annual basis, Ford sells more diesel-powered pickup trucks than Chevrolet and Dodge combined. Nearly three-quarters of all Ford Super Duty trucks are sold with the Power Stroke diesel." To see the entire article, go to http://media.ford.com/newsroom/release_display.cfm?release=24088.
By these statistics, and cost per vehicle prices reduced to $2500 per retro-fitted unit, revenues are estimated to exceed 462 Million Dollars if project forecasts are successful. The AFC's Co-Fuelling Engine Technology will, not only decrease emissions for diesel engines built by the FORD MOTOR COMPANY, but increase engine torque at the same time.
"It is always an honor to affiliate your organization with automotive tycoons like the FORD MOTOR COMPANY. As we venture further into the process of this merger, we have become more aware of the endless revenue possibilities that would be inherited after the merger is completed. As a result of eCarfly acquiring the AFC, which provides a vehicle to becoming a publicly traded entity, the eCarfly organization will innately benefit from both existing and future revenues produced by the many possible governmental and automotive-industry contracts," stated Desmond Milligan, CEO of eCarfly, Inc.
Disclaimer:
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.
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