CT&T Announces Innovative Manufacturing and Distribution Approach to Electric Vehicle Market

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EV Manufacturer CT&T unveils a unique manufacturing, sales and service model that will accelerate its rollout in the U.S. market and bring business and employment opportunities. The Regional Assembly & Sales System (RASS) centers will assemble electric vehicles and establish a retail network to market and sale the EVs within its designated region.

With the technology innovations CT&T is bringing to the U.S., low speed vehicles like our eZone are becoming a viable second car option for more and more Americans

CT&T United (http://www.ctntunited.com) has announced its plans for a proprietary manufacturing, sales and service model called RASS (Regional Assembly and Sales System) to support its U.S. market launch. The CT&T RASS model is a revolutionary departure from conventional automotive manufacturing models and is characterized by the use of multiple facilities in numerous market areas that decentralizes the manufacturing process, bringing it closer to the markets being served.

RASS's will be located in strategic locations based on research demonstrating demand for green vehicles, a highly skilled workforce and the business climate. The company is also in the process of analyzing sites in the Southeast and West Coast to establish its headquarters and R&D facilities.

"Just as just-in-time parts delivery from Toyota revolutionized the auto industry, we believe the RASS system from CT&T has the potential to do the same by regionalizing manufacturing and sales and allowing us to offer EVs at an incredibly reasonable price point," said Young Gi Lee, Chairman and company founder. "RASS will also speed up our national rollout so that we can stay on the leading edge of the EV market."

CT&T will offer its eZone line of electric vehicles ranging in price from $10,000 to $16,000 fully equipped. Owners can expect to spend $5 to $10 per month to operate their eZone. The company also has plans to launch electric buses in 2010.

RASS centers will assemble vehicles from CT&T sourced parts and components. Each RASS will establish the retail network within its designated region and plug into national marketing and branding efforts developed by CT&T to create demand. CT&T estimates that capital outlay to establish a typical RASS will be between $8 million and $10 million.

"The RASS system creates a competitive difference for CT&T by broadening our economic impact into multiple regions and communities," said Joseph J. White, the company's Chief Operating Officer. "Owners of our cars can feel good about supporting a product that has a very low environmental impact and is being made close to home."

Demand for electric vehicles is being driven by various groups, including people who want to reduce their carbon footprint, those living in city or urban environments, and people who live in gated communities or on campuses.

"With the technology innovations CT&T is bringing to the U.S., low speed vehicles like our eZone are becoming a viable second car option for more and more Americans," said White. "At an appealingly low price point, consumers can purchase an electric vehicle that offers safety features we've come to expect in our automobiles and has a longer battery life and higher acceleration rate than the first generation of EVs."

CT&T leads the electric vehicle industry in technology innovation and crash test performance standards. The company utilizes in-wheel electric motors that are lighter weight (27 percent less than conventional motors); offer improved energy efficiency (by as much as 95 percent), better performance (doubled driving distance range) and increased power. CT&T's flagship eZone electric vehicles are the only Neighborhood Electric Vehicles (NEV) that pass the Federal passenger car standards for front and side impacts, and offer dual independent circuit hydraulic disk brakes and four-wheel MacPherson strut independent suspension.

CT&T United will produce and market City Drive Electrical Vehicles (EVs), Mid-speed Electric Vehicles, High-speed Electric Vehicles, Utility Electric passenger vehicles and electric buses, as well as batteries in the Lead Acid, Advanced Lead Acid, Lithium Polymer and Lithium Ion categories for domestic and export markets.

Information on the RASS model and its expansion plans can be made available by contacting Joseph J. White at 864-283-4000.

About CT&T:

CT&T is an acknowledged global leader in Electric Vehicles and EV technologies with manufacturing facilities currently in South Korea and China with several U.S. facilities targeted to begin production by the end of 2009. The company manufactures the eZone electric vehicle, the only NEV that has passed the Federal Motor Vehicle Safety Standards crash test standards for front impacts and the European New Car Assessment Program standards for side impacts. One of the few fully integrated vehicle, motor and battery producers in the world, the company produces and markets City Drive, Mid-speed, High-speed, and Utility electric passenger vehicles and electric buses under the CT&T brand. Young Gi Lee, a former executive of Hyundai Motor Corporation, founded CT&T in 2002 with a vision of bringing zero emissions transportation options to companies and individuals. For more information visit http://www.ctntunited.com.

Contact:

Curt Westlake
CT&T United
864-616-3900
http://www.ctntunited.com

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