Vision Motor Corp Tyrano Class 8 Hydrogen Plug-In Truck

Vision Industries Corporation (OTCQB: VIIC) today announced that it will introduce its newly developed "Intelligent Range Extender" system in its next generation Class 8 trucks, originally designed for short-haul cargo transportation, which is commonly referred to as "Drayage."

Due to dramatically improved key components, Vision Industries is now able to build a Fuel Cell Electric Class 8 tractor that offers longer range, higher efficiency and lower weight at a competitive price to existing diesel and NG trucks. This system will widen the available applications for these trucks from short-haul drayage to regional trucking, all at reduced operating cost and always with a zero-emission footprint.

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Trucking Info said:

With no engine, there are no oil changes, no water-jacket cooling system to watch, no EGR plumbing or particulate filter to worry about and no transmission. Brake expense should be 50% lower because the motor becomes a generator that charges the batteries during deceleration, meanwhile slowing the truck like a hybrid. LaRosa thinks the Tyrano's cost of operation over 10 years will be half that of a diesel tractor.

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CNBC said:

Vision Industries (OTCBB:VIIC) has executed a final contract with South Coast Air Quality Management District (SCAQMD) for a "Zero Emission Cargo Transportation" demonstration, partially funded through a US Department of Energy Grant in the amount of $958,120. Vision will also apply for matching funds from the California Energy Commission to subsidize Vision's cost share in this program. The 2 year Demonstration Program will call for a fleet of four (4) Vision Tyrano™ hydrogen fuel cell electric trucks to be tested in "Real World Drayage Service" at the twin Ports of Los Angeles and Long Beach. The trucks will be operated by Total Transportation Services, Inc. ("TTS-I"), a nationwide operator of drayage trucks.

Vision is expecting to sign a similar agreement for the demonstration of 20 trucks at the Port of Houston. The Houston-based grant is designed to demonstrate the movement of containerized cargo between port terminals and Walmart's Houston Distribution facility with Vision's fuel cell electric truck, the Tyrano™. TTS-I, Vision's launch customer, will be the operator of these trucks as well.

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