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EVCARCO (OTC.BB:EVCA), a publicly held company in alternative energy vehicles, has officially been granted its four Registered Trademarks including “EVCARCO” and its slogan “Future Driven.”

(Registration number 3,808,447 - Future Driven)

(Registration number 3,812,043 - EVCARCO)

(Registration number 3,808,446 - EV-CAR-CO)

(Registration number 3,808,448 - EV-CAR-CO with logo)

EVCARCO has received significant attention over the last few months with media and press about its range of electric vehicles, business model and its alliances with the Federal Government.

“The growth of our company has also created a strong value in our name and brand therefore we are pleased to have the issuance of these Trademarks by the United States Patent and Trademark office. This issuance further protects and broadens our intellectual property assets as we expand into other regions and markets per our active business model. This gives insight to our dedication, which we so proudly bring to the franchisees and the development of the EVCARCO franchise system,” stated Dale Long, CEO of EVCARCO.

“We have worked diligently to secure our intellectual properties and are proud to have been granted the registration from the U.S. Patent Office. I’m very grateful to have worked alongside all our attorneys at Mullins Law, which took the lead in assisting us to secure these registrations,” stated Scott O’Neal, COO of EVCARCO.

EVCARCO is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.

EVCARCO SHOWROOM

 

 

Tesla Motors, Inc. (Nasdaq: TSLA) recently released its preliminary unaudited financial results for the quarter ended June 30, 2010. Revenues for the second quarter of 2010 were $28.4 million, a 36% increase from the $20.8 million reported in the prior quarter. Gross margin improved to 22%, up from 19% for the prior quarter, and up from 8% for the second quarter of 2009.

Net loss for the quarter was $38.5 million as compared to $29.5 million in the prior quarter. On a non-GAAP basis, net loss for the quarter was $26.1 million as compared to a non-GAAP net loss of $23.8 million in the prior quarter, as improved gross margin was offset by increased spending on research and development and our rapid global expansion. Non-GAAP net loss excludes charges related to stock-based compensation and the change in fair value related to outstanding warrants.

On July 1, 2010, Tesla introduced Roadster 2.5 with new styling and an upgraded interior, its fourth model in two years. Over 1,200 Roadsters are now driving in 28 countries with first sales in Canada, Japan and Hong Kong during the quarter. Customers have driven almost six million miles in their Roadsters as of July 31, 2010. Tesla opened three new stores during the quarter in Copenhagen, Zurich and Newport Beach. Leases have been signed for stores in Tokyo, Paris and Milan with openings scheduled later this year. The Odyssey of Pioneers World Tour, in partnership with Tag Heuer, arrived in the United States and continues to showcase the Tesla Roadster’s ability to travel and charge around the globe from the electric grid with ease. Twelve cities have been visited and almost 10,000 miles traveled.

The launch of the Model S in 2012 remains on track, with significant achievements in design, engineering and manufacturability during the quarter. The engineering of the Model S continues at a rapid pace. Tesla has completed the design of the Model S to a level of precision sufficient to release the CAD data to external suppliers. Laboratory testing of prototype powertrain components for the Model S has also been kicked-off.

Tesla announced an agreement to purchase an automobile manufacturing facility in Fremont, California from NUMMI that will become the future home of Model S production and give Tesla enough room to expand capacity to manufacture the next generation of electric vehicles.

TESLA ROADSTER

 

 

Toyota (NYSE:TM) has adopted a concept known as “sustainable mobility and is seeking to create a mobile unit with sustainable mobility at the core; in other words, the ultimate “eco-car” that allows the Earth, people, and vehicles to coexist harmoniously long into the future.

Toyota’s hybrid system combines an engine and a motor, which are efficiently used in tandem.

The engine can best display its power at medium to high speeds, with its most optimal performance at stable speeds on highways and the like.
A motor, however, can achieve its full potential the instant the push-button starting switch is turned on and the accelerator is pressed; and motors excel as starting up and low speeds.

The Toyota Hybrid System II (THS II) of the Prius makes use of the advantages of both the engine and the motor.
Toyota was able to create a hybrid system in which the engine and the motor use each other’s strengths, by using the motor to start up the vehicle and operate it at low speeds, and then switching seamlessly to the engine when a certain speed has been reached. One of the main characteristics of the THSII is that it can also be operated as an electric vehicle.

Another characteristic of THSII is that it employs a regenerative brake system that converts into electric power the thermal energy generated during deceleration when the brakes are applied, and recovers and stores that energy for reuse as a source of drive power.

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

 

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Tags: Alternative Energy, alternative fuel, Auto Manufacturer, Dale Long, eco car, electric car, enviornmentally friendly, EVCA.OB, EVCARCO, hybrid, hybrid vehicle, hydrogen, NYSE:TM, renewable resources, Tesla Motors, Toyota

This entry was posted on Thursday, August 19th, 2010 at 6:48 am and is filed under Top News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.