AMP Holding, Inc. Announces AMP Electric Vehicles Are Now Eligible for $60,000 Incentives Under New York Truck Voucher Program
Cincinnati, OH (PRWEB) August 12, 2013 -- AMP Electric Vehicles (OTCBB and OTCQB: AMPD) Workhorse E-100 medium duty all-electric, walk in van is now eligible for up to $60,000 in incentives under the new, $19 million New York Truck Voucher Incentive Program announced Friday by New York Governor Andrew Cuomo. The program is designed to encourage the purchase of battery-electric commercial trucks as well as other energy-efficient transportation. More information on AMP vehicle eligibility can be found on the New York Truck – Voucher Incentive Program web page: https://truck-vip.ny.gov/eligible-vehicles.php
Fleet managers interested in purchasing AMP Electric Vehicles (OTCBB and OTCQB: AMPD) can now take advantage of voucher incentives that will offset up to $60,000 of the purchase price of a new AMP/Workhorse Electric Truck. With the voucher, the AMP/Workhorse truck is priced competitively with a diesel truck.
AMP CEO Steve Burns said, “We are delighted that AMP is one of only four electric vehicle manufacturers that have been selected and approved for the program. Our battery-electric, zero emission vehicles are not only environmentally friendly, but less expensive to operate than diesel or gasoline powered vehicles over the vehicle’s life. We look forward to being part of the New York program.”
AMP’s Workhorse E-100 all-electric medium duty vehicle, based on the very popular W62 platform, is equipped with a 100 KwH battery pack capable of powering the vehicle on normal daily duty cycle that requires multiple deliveries over an 80-mile route.
AMP’s Workhorse E-100 will be serviced through its New York dealer network.
The New York State Energy Research and Development Authority (NYSERDA) is administering the program, with funding from the federal Congestion Mitigation and Air Quality (CMAQ) program and in partnership with the New York State Department of Transportation and the New York City Department of Transportation (NYC DOT).
About AMP Holding Inc.
Amp Electric Vehicles is 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’s parent company, AMP Holding, Inc. also owns AMP Trucks, Inc. a manufacturer of Workhorse brand commercial chassis. For additional information visit http://www.ampelectricvehicles.com
Forward-Looking Statements
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.
SOURCE: AMP Holding Inc.
For Additional Information please contact:
Daniel Zito: 513-300-5910: dan.zito(at)ampelectricvehicles(dot)com
Dan Zito, AMP Holding, Inc., 513-300-5910, [email protected]
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