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XcelPlus Global Holdings Acquires Rights To Alternative Energy Tech
Topping VA (SPX) Sep 17, 2008 XcelPlus Global Holdings has announced that it has recently signed a Letter of Intent with Total-Fuels of Las Vegas, Nevada and two developing partners for worldwide marketing rights to their patented technology. The technology allows normal cars to use both E85 and gasoline with the same ease as a new car manufacturer does. The automatic unit already has worldwide sales with exponential growth. The unit can often be installed in less than an hour, on virtually every make and model car on the world's highways today. This gives XcelPlus a potential customer base of over 600 million vehicles unless you take out the 5-7 million flex fuel vehicles on the road today. The new technology is more advanced than the units XcelPlus previously imported and worked with from Brazil. This new technology will also help the Company pass both EPA and CARB testing in the very near future. Under the new brand name DigiFlex, XcelPlus's subsidiary XcelPlus International, Inc. has already made sales to an OEM truck manufacturer who sells primarily to the US Air Force. In a recent meeting in Georgia the US Air Force expressed great interest in now having their entire fleet converted to flex fuel vehicles using this technology. The nation of Thailand is also coming on fast as they will introduce E85 in their country in October of this year. XcelPlus has already met with many potential dealers there and started shipping units there for car conversions. Meetings with Toyota, Volvo, BMW, Citroen and others should help the nation convert their fleets in a very short amount of time. Plans for retail sales of the product in the US are already underway, with manufacturing possibly being done in China for the wiring harnesses and in California for the circuitry. Final assembly may be in Virginia at the new headquarters for XcelPlus Global Holdings or in Nevada where it is currently being done. "We are looking forward to expanding this market globally as disruptive technologies such as this are already changing the world and the way it consumes and produces energy and fuels," said Bill Smith, President of XcelPlus Global Holdings Related Links XcelPlus Global Holdings Car Technology at SpaceMart.com
General Motors unveils electric car
Washington (AFP) Sept 16, 2008General Motors Tuesday unveiled its electric car, the Volt, from its Detroit headquarters on the company's 100th anniversary. |
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