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USA: What’s the skinny on Evatran?

Find out what’s been happening with Evatran in July 2012

Today is the second installment of Evatran’s monthly email updates – keep reading to see updates on new partnerships, EV sales, and upcoming Evatran events!

Last month we provided updates on Evatran’s Apollo Launch Program, DOE Grant Availability, and Individual Investor Progress. This month, we’ve got additional updates on new partners, EV sales success, and upcoming marketing events.
New Apollo Program Partners

With the first phase of our Apollo Program installations in full swing, our Sales and Marketing team has turned its attention to signing up additional partners for the second phase of the program to begin in the fourth quarter of 2012. Evatran has signed the first of these additional partners and will be announcing these partnerships in the third quarter of 2012. Initial feedback from the first installations has been positive in regards to the fundamental technology and the daily convenience it provides to EV drivers. Valuable feedback has also been captured to guide Evatran in its development of the next generation of software control functions and user interfaces for production launch of our aftermarket system.
First Half Electric Vehicle Sales

The first six months of 2012 have come to a close, and as expected electric vehicles have seen significant increases in sales and new model launches. As of July 1, 2012, over 38,000 electric vehicles have been purchased (with the two leading models, the Chevy Volt and Nissan LEAF, launching just last year). Annualized sales at current growth rates would project a total of over 50,000 electric vehicles sold in 2012 alone. These numbers do not include additional electric vehicle models launching this year, including the Tesla Model S (launched late June 2012), Honda Fit, Ford Focus Electric, Toyota Rav4 EV, and the Fiat500 EV. Successful launches of these additional models could easily push 2012 EV sales to over 60,000 vehicles. To put these numbers in perspective, it is relevant to mention that General Motors (GM) has sold more Chevy Volts in 2012 than Corvettes – a flagship brand for the company – by over 1800 units. When we look at these numbers compared to the launches of other new vehicle models including traditional conventional hybrids launched in 2000, we are extremely excited about the future of electric vehicles and Evatran. In the wireless charging space specifically, Pike Research just released a study claiming that the wireless charging market for electric vehicles will grow to over $750M by 2020.
Upcoming Events

This month, members of the Evatran Sales and Business Development team will be attending Plug-In 2012, an industry conference to be held in San Antonio, Texas from July 23rd – 26th. Although Evatran will not be exhibiting this year, we do intend to use the event to close a number of partnerships for the company and put out some exciting press. We encourage you to follow us for news during the later part of the month.
In a final note, we do want to say “welcome” to our recent individual investors and encourage all of our followers to reach out to us with questions for next month’s update.
As always, thank you for your support and CHARGE ON!

The Evatran Team

This email contains forward-looking statements that are based on the company’s beliefs as well as assumptions made with information currently available to the company. Such statements may include statements regarding future revenues, operating expenses, and the like, and are subject to certain risks, uncertainties and assumptions which could cause actual results to differ materially from projections or estimates. Investors should not place undue reliance on forward-looking statements or projections in this email.
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