While it's only almost the end of the second month in 2009, the year has already been one of major changes for EV Innovations, Inc. (EVII.OB). The company is focused on creating 100% lithium-powered vehicles that can be used by everyday people.
Since it was founded in 2000, the company has focused its efforts on the development and marketing of its all-electric products. Earlier this month, EV Innovations became the new name of the company previously known as Hybrid Technologies. The company also took the opportunity to revise its ticker symbol to EVII. The new name and ticker symbol marked the company's transition from a development-stage company to a manufacturer of battery-powered vehicles.
As we go forward under our new identity and new ticker symbol, EVII, we fulfill our commitment to be the leader in American made Plug In Electric Vehicles, stated Holly Roseberry, President of EV Innovations.
Ron Hollywood Cervin joined the EV Innovations team in January. Cervin has a vast engineering history where his initial experience was in the aerospace industry working on the space shuttles, T-46 trainers, A-10 aircraft, B2 bombers, the Stealth and F-14 fighters, which is best known from Top Gun. Cervin made a major impact on NASCAR during his time in the racing industry. As a crew member for several teams, Cervin was able to assist in over 100 top-5 finishes along with taking part in the engineering, design, and fabrication of vehicles. Prior to joining EV Innovations, Cervin spent the last five years working with lithium-powered vehicles.
EV Innovations recently announced that it would unveil the newly designed Inizio EVS C7 to the public at the 2009 New York International Auto Show. The media will take a closer look at the Inizio on the press preview days, April 8-9. The general public will have an opportunity to see the vehicle from April 10-19 at the Jacob Javits Convention Center.
With fuel costs beginning to inch back up, consumers are continuing to look for alternatives. Now that EV Innovations has taken a major step from a company in development to a full-fledged manufacturing entity, it can fulfill consumer demand. The company's line of 100% lithium-powered vehicles includes a Mini Cooper, PT Cruiser, basic coupes, motorcycles, mopeds, and even a sports car. As the company continues to educate the public and expand its brand presence, the demand for the all-electric vehicles should continue to expand.
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