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EVCARCO to Refocus on EV Leasing Market – MarketWatch

FORT WORTH, TX, Aug 20, 2013 (Marketwired via COMTEX) — EVCARCO Inc. (pinksheets:EVCA), a Future Driven(R) Automotive Retail Group, today announced strategic plans for the development of the Company’s EV Leasing Program. The launch of this program will allow the Company to accommodate the increase in demand for new and pre-owned electric and hybrids vehicles that are now available in the U.S.

Walter Speck, CEO, said, “We have submitted to licensing which will allow us to solicit EV consumers to enter into a lease of any new or pre-owned EV or Hybrid vehicle sold in the United States, including vehicles such as new Chevy Volts, Nissan Leafs, Teslsas, BMW’s, Toyota’s, and other alternative fuel vehicles.”

The EV Market Development for 2012 shows totals of EV’s sold in the U.S. equaled 53,000. The 2013 half-year totals are now running at an average of more than 7,000 a month with variations in each car from month to month.

Nissan sold 1,864 Leaf electric cars, in July a new record for sales, though not an all-time monthly high. This brings the Nissan Leaf sales for the first seven months of 2013 to 11,703, which is more Leafs than the company sold in the U.S. during all of 2011 or 2012.

Sales of the Chevrolet Volt electric car totaled 1,788 in July, with total Volt sales of 11,643 in the first seven months of the year, versus 10,666 at the same time last year.

Sales of Tesla’s Model-S totaled 5,150 in North America last quarter. Dividing this by three reflects the California company sold approximately 1,700 cars a month, which places the Tesla in the same standings as the current plug-in vehicle champions, the Nissan Leaf and the Chevy Volt.

On, July 29th, 2013 BMW unveiled their plans for the all electric BMW i3. Also listed other Hybrid vehicles: 2013 Fusion Hybrid, 2013 BMW’s ActiveHybrid3, 2013 no-plug C-Max Hybrid and plug-in C-Max Energi Hybrid, 2014 Honda Accord Plug-in Hybrid, 2013 Toyota RAV4 EV, 2013 Volkswagen Jetta Hybrid, 2013 Toyota Avalon Hybrid, 2013 Lexus RX 450h, 2013 Toyota Camry Hybrid, 2013 Lexus GS 450h, 2013 Lexus LS 600h L, 2013 Toyota Prius, 2013 Mercedes-Benz E400H Hybrid, 2013 Mercedes-Benz S400HV, 2013 Volkswagen Jetta Hybrid, 2013 Honda Insight and the 2013 Lexus ES Hybrid.

For more information on EVCARCO, Inc., please view: www.EvCarCo.com. Shareholder inquiries should be directed to (972) 571-1624.

EVCARCO, Inc. is a Future Driven(R) Automotive Retail Group focused on deploying a coast-to-coast network of environmentally friendly franchised dealerships, vehicles, technologies and sustainable solutions. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufacturers.

Safe Harbor Statement

This press release may contain forward-looking statements which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC) including but not limited to information as contained within the Company’s most current quarterly reports, annual reports, and or other filings. Furthermore, the Company disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events, or otherwise. We have incurred and will continue to incur significant expenses in our expansion into new related services and there is no assurance that we will generate revenues sufficient to offset those costs. Expansion may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in; the impact of which cannot be predicted at this time.

Investor Relations Contact: Jack Eversull The Eversull Group, Inc. 972-571-1624 214-469-2361 fax Email Contact
SOURCE: EVCARCO

(C) 2013 Marketwire L.P. All rights reserved.

Source http://www.marketwatch.com/story/evcarco-to-refocus-on-ev-leasing-market-2013-08-20

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