SOURCE: Vision Industries Corp

Vision Industries Corp

April 11, 2011 09:00 ET

Port of Los Angeles Commissioners Approve $1,400,000 Contract for Vision Motor Corp to Retrofit 15 Electric Trucks With Hydrogen Fuel Cell System

EL SEGUNDO, CA--(Marketwire - Apr 11, 2011) - Vision Industries Corp. (OTCBB: VIIC) (OTCQB: VIIC) The Port of Los Angeles has awarded Vision Motor Corp of El Segundo, California, a leading developer and manufacturer of advanced zero emission hydrogen fuel cell hybrid electric commercial heavy-duty trucks, a contract in an amount not to exceed $1,400,000 to retrofit a total of fifteen (15) Port owned electric trucks. The retrofits would upgrade the Port's electric truck's battery only system with Vision's range extending, hydrogen fuel cell electric hybrid system. The Port will initially issue a purchase order for six (6) retrofits. The remaining retrofit orders are contingent on the availability of other grant funding.

The intent of the retrofits with Vision's hydrogen fuel cell system is to extend the driving and operating range of the Port owned fleet of battery only electric trucks. Thus alleviating operating down-time caused by range limitations of battery only trucks pulling heavier cargo loads. "Vision's technology combines the superior power of an electric drivetrain with the extended range of a hydrogen fuel cell system. This allows for zero emission operations without sacrificing driving range", states Martin Schuermann, CEO of Vision.

As stated in a staff resolution for the April 7, 2011 Port of Los Angeles Harbor Commission Board Meeting "This is consistent with Harbor Department plans for testing drayage trucks using this same technology and for the same reasons. Improving the battery range will not only increase and extend truck operating time under heavier load conditions but will also provide a viable market option to meet overall trucking company demands. In order to better meet the demands and broad truck application across various types of port operations, each electric truck needs to operate eight to ten hours on a single charge even under the heaviest load conditions, as compared to current operating capabilities at four to five hours under those conditions". Click here to view Board Meeting

As stated by Rudy Tapia Vice-President of Business Development for Vision Motor Corp, "Vision is pleased to provide a solution that enables the Port of Los Angeles investment in zero emission trucks to meet the demanding needs of the commercial market place as well as furthering the Ports commitment to improving air quality by reducing emissions".

About Vision Industries Corp;

Vision is a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems. Vision's proprietary electric/hydrogen hybrid drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. Vision uses major manufacturers as partners or sub contractors to produce its vehicles. This business approach avoids massive outlays of startup capital. Many regional, state and federal alternative energy programs in the form of grants, subsidies, tax credits and loans exist or are planned. For more information on Vision Industries Corp., please visit www.visionindustriescorp.com

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