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Tuesday, 02/25/2014 1:24:47 PM

Tuesday, February 25, 2014 1:24:47 PM

Post# of 7992
Beyond the Pump and Dump for Echo Automotive - ECAU

Since the pump and dump in early 2013 (which I too got caught up in) Echo Automotive has been moving forward to deliver on their promises.

At the NTEA Truck show in 2013 (after the pump and dump) they were awarded the following: FARMINGTON HILLS, MI (March 14, 2013) — Echo Automotive, Inc. (Anderson, IN), has won The Work Truck Show® 2013 Editors’ Choice Award for its new EchoDrive™ bolt-on hybrid electric kit for fleet vehicles.

http://www.ntea.com/News/Default.aspx?id=31120

Since then they have continued to work on their systems and have expanded from just office space into their 40,000 foot warehouse: ANDERSON, IN --(Marketwired - Feb 20, 2014) - Echo Automotive, Inc.Echo Automotive, which develops and manufactures EchoDrive™, a bolt-on, plug-in hybrid system for automotive fleets, will invest $3.6 million to lease, renovate and equip a 40,000 square-foot distribution and research and development plant at the Flagship Accelerator Building in Anderson. The project, which includes the installation of new automobile lifts, a thermal chamber and a full dynamometer test facility, will create up to 10 new jobs by 2015.

http://finance.yahoo.com/news/echo-automotive-one-two-indiana-140000980.html

They also announced that along with Ford, they are now working with Chevrolet: (Marketwired - Feb 18, 2014) Echo Automotive, Inc. a developer of technologies enabling the cost-effective aftermarket addition of fuel-efficient plug-in hybrid capability to new or existing vehicles, today announced plans to extend its industry award-winning EchoDrive plug-in hybrid system to GM 2500 and 3500 vans, including the Chevrolet Express and GMC Savana, model years 2010-2014. Production is expected to commence in the first quarter of 2015.

http://finance.yahoo.com/news/echo-automotive-adds-gm-platform-140348440.html

Perhaps we need to look beyond the Pump and Dump and see what Echo has to offer.
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