Electric Auto to Begin Production of Silver Volt Electric Sport Utility Vehicle

Electric Auto Corp. (EAC, Fort Lauderdale, FL) announced that it plans to start production in California of a full-performance, zero-emission, electric Silver Volt sport utility vehicle equipped with its new Apollo fuel cell and lead-cobalt battery, which will sell at the same average price as today's gasoline engine sport utility vehicle.

Performance of the Silver Volt sport utility vehicle is expected to match that of a gasoline-powered sport utility vehicle with a top speed of 90mph, acceleration of 0mph to 60mph in 10 seconds, a range of 350 to 400 miles, and a fill-up time of five minutes with a liquid ammonia-based propulsion fuel or methanol.

Production is planned to start in Santa Ana, CA, at 35 vehicles per month. Under EAC's timetable, batteries will be produced in 2001 at the Florida Technology Center and Plant in Ft. Lauderdale, which the company is in the process of establishing.