Cincinnati, OH (PRWEB) June 26, 2013
AMP Holding Inc. (OTCBB: AMPD), parent company of its Workhorse® subsidiary, today announced that their class 3-6 medium-duty E-100 Workhorse walk-in electric step vans, have been approved by the California Air Resources Board (CARB).
The Board’s approval recognizes that the Workhorse road-ready trucks are clean, California-certified zero-emissions vehicles. As Workhorse is now listed in the state’s HVIP Program, purchasers and dealers alike can receive vouchers of up to $60,000 per vehicle. It’s a move that dramatically reduces the cost of entry, while offering a sustainable solution for California’s fleet operators.
“For years, many in the fleet industry have recognized the Workhorse brand for quality and dependability,” said Martin Rucidlo, AMP/Workhorse President. “Now with this CARB approval, our customers in California are eligible for incentives, lowering their costs, and helping put more of our electric Workhorse trucks on the road as soon as possible.”
To help meet the goals of California policies, CARB offers up to $60,000 per vehicle in vouchers, through its Hybrid and Zero Emission Truck Voucher Incentive Project (HVIP). These rebates can be combined with other incentives. As a result, the program has helped lower the upfront cost while accelerating the payback period for fleet operators and other customers.
Customers of the Workhorse zero-emission vehicles will further benefit from significant ongoing fuel savings as well as dramatically reduced maintenance costs, when compared to conventional diesel trucks.
This past spring, the AMP/Workhorse electric step van successfully completed rigorous independent durability testing, paving the way for production of the zero-emission vehicles.
“The Workhorse brand has always given fleet customers everything they want and more,” said Steve Burns, AMP/Workhorse CEO. “And now with CARB approval, this vehicle is a horse of a different color!”
About AMP Holding Inc.
AMP Holding is the parent company of Amp Electric Vehicles, a manufacturer of electric drive systems for medium-duty class 3-6 commercial truck platforms. AMP Electric Vehicles, Inc. was founded in 2007 by entrepreneurs who have created several hi-tech companies. The AMP team is comprised of top automotive industry veterans and business executives. AMP has been focused on the electrification of fleet vehicles, including medium-duty class 3-6 trucks and vans. Over the past several years, the company's vehicle electrification technology has provided new solutions to America's energy demands. AMP/Workhorse vehicles are sold and supported through the existing Workhorse network of 440 dealers. For additional information visit http://www.ampelectricvehicles.com
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
For Additional Information please contact:
Martin Rucidlo: 513-310-3460: martin.rucidlo(at)ampelectricvehicles(dot)com
Daniel Zito: 513-300-5910: dan.zito(at)ampelectricvehicles(dot)com