SANTA ROSA, Calif.–(BUSINESS WIRE)– ZAP Jonway (OTCBB:ZAAP.OB - News), a designer and manufacturer of gasoline and new energy electric vehicles (EVs), after extensive strategic planning and integration development, announced its joint product roadmap for 2012. The roadmap is focused on delivering affordable and technologically competitive new gasoline and EV models that address the growing market demand.

Dr. Priscilla Lu, Chairman of ZAP Jonway, stated: “The new ZAP Jonway models planned for delivery in 2012 maximize the strengths of both subsidiaries, ZAP and Jonway Auto. The new models utilize the experience base and the combined resources from both subsidiaries to accelerate the new EV models’ time to market, while maintaining the originally planned introduction of Jonway’s new gasoline models to the market in 2012. The new JNZ product line is designed to address EV platform requirements while remaining adaptable to either gasoline or an electric power train.”

Alex Wang, CEO of ZAP Jonway stated: “We are introducing a line-up of EV automobiles that will showcase our product quality and technology, and reposition the new ZAP Jonway brand. We are pleased to be able to expand the capabilities of Jonway Auto’s ISO:9000 certified factory to now include the new EV production line. We have engineered the integration of Mitsubishi drive trains in our gasoline vehicles to include industry-leading five-year warranties in China. We have jointly integrated and developed technologies to support industry leading Remy Motors’ industry-leading EV power train in our core EV platform for our top of the line EV models. Working together as one team to deliver these new models demonstrates our joint commitment to become a competitive supplier in the New Energy Vehicle market in China and the rest of the world.”

ZAP Jonway’s new JNZ product line-up builds the company’s portfolio of quality, affordable vehicles, merging its EV and gasoline platforms to utilize common parts, manufacturing facilities, channel markets and expertise. The EV models all use the same power train design, adjusting only on the amount of lithium battery packs provisioned depending on the model and targeted applications. To adapt to fleet market requirements, where price and performance dictate product capabilities, the EV models come in two ranges: a version with a 250km range (150 miles); and a version with a 160km range (100 miles). The motor power also comes in two ranges: the first has 175 kilowatt peak power; with a max speed of over 120 mph, and the second has 80 kilowatt peak power; with a max speed of 80 mph. Since lithium batteries dominate the cost and weight of the EVs, the two models are designed to adapt to the fleet application needs.

JNZ Product Roadmap

First Quarter 2012

• JNZ A380 G-5 (Five-door, new look 2012 gasoline model SUV): The new A380 gasoline five-door SUV will feature a new stylized and streamlined look. Today, this same model is the main platform currently selling in China, offering quality and affordability with a Mitsubishi drive train and Borsch Engine Control Unit (ECU). ZAP Jonway is currently completing the required in-country homologation certificates to launch the gasoline A380 SUV into the international markets, which include countries in Latin America, South East Asia, Africa and the Middle East. The A380 3-door SUV, popular among young urban professionals, is also among the first Chinese SUVs to meet international standards for quality and approved for importation into the European Union via an Italian distributor.
• JNZ A380 EV-5 (Five-door full electric vehicle model SUV): The company is currently completing type approval for the A380 EV-5 and anticipates it will be ready for production delivery during the first half of 2012, available for export at the end of the first quarter of 2012, and available for sales in China during the second quarter of 2012.

Second Quarter 2012

• JNZ A 380 G-3 (Three-door 2012 model SUV): The three-door A380 has a new “sporty” look and new molds. Its smaller chassis and lighter weight targets young professionals and is an ideal model to leverage for the EV platform. The three-door A380 model underwent EU type approval through Jonway’s Italian partner last year, and was one of the first Chinese SUVs to meet international gasoline type approvals. This will be further enhanced to meet the new EU 5 standards.
• JNZ A380 EV-3 (Three-door full electric vehicle model SUV): The EV version of the three-door A380 SUV is expected to be available for export at the end of the first quarter of 2012 and available for sale in China during the second quarter of 2012.

Third and Fourth Quarter 2012

• JNZ SHUTTLE-EV and JNZ SHUTTLE-G (Electric and gas passenger/cargo van models): The JNZ SHUTTLE is ideal for EV market and is being planned for export markets globally, and is particularly suitable in first world countries, conscientious of going “green” by reducing city pollution, which is particularly relevant to fixed route deliveries and small passenger payload transportation. The competitively priced gasoline version is targeted for developing countries where smaller shuttle vans with carrying capacity are ideally suited to maneuver through narrow city streets. ZAP Jonway has assigned a separate marketing team to address business-to-business sales and business-to-government opportunities.
• JNZ A280-EV and A280-G (Electric and gasoline compact SUV models): The JNZ A280 compact mini SUV, currently under development, is a lighter, more versatile platform the company expects will accelerate EV adoption in urban centers around the world, including the US market. The A280 is expected for production by the end of 2012/the beginning of the first quarter of 2013.
• JNZ ALIAS: The ALIAS, planned for delivery at the end of 2012, is a three-wheel sports vehicle designed to be highway ready with the necessary crash-tested safety requirements. The ALIAS was designed by ZAP for the consumer EV market. This three-wheel design enables the ALIAS to be homologated as a motorcycle while addressing the need for crash test safety, including normal vehicle regulation air bags. ALIAS leverages the existing infrastructure of Jonway motorcycles and its dealer network, and will use a similar EV drive train to the A380 but engineered for response and acceleration. Although not part of the fleet market product line of ZAP Jonway, it is intended to be produced in limited quantities to showcase the company’s engineering and technology capabilities.

About ZAP Jonway

ZAP Jonway combines the attributes of both companies, ZAP and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile’s established ISO 9000 manufacturing facilities, research and development and sales and customer services facilities in China, ZAP Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. ZAP, an early pioneer of EVs, brings to the new combined company a broad range of EV design experience that is being applied to new product lines. ZAP Jonway is focused on addressing EV fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. ZAP Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. ZAP Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People’s Republic of China. Additional information about ZAP Jonway is available at http://www.zapworld.com.

Forward-Looking Statements

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in ZAP’s periodic reports filed with the Securities and Exchange Commission.

Operations

As the Company continues to search for reliable car manufacturers that produce environmentally friendly vehicles, it continues to operate at its current location in Ft.Worth, Texas, and to generate revenues in the pre-owned market. Operations have generated gross revenues of $887,775 for 2009, $804,772 for 2010, $118,401 for the first quarter of 2011, and $230,695 for second quarter of 2011. The quarterly report for third quarter of 2011 is scheduled to be released next week.

Acquisitions Efforts

The Company over the previous several months has made offers to several dealership owners, to acquire their existing new car operations in the Dallas-Ft.Worth Metroplex, but was unsuccessful in reaching an agreement. EVCARCO will continue with its current operations and in reviewing other strategic acquisition opportunities.

Corporate Structure

After careful consideration, the Board of Directors of EVCARCO has decided that in the best interest of the Company and its shareholders, it is necessary to increase authorized capital in order to facilitate possible acquisitions, raise additional capital, and to refocus the Company for a new phase of growth and increase in shareholder value. On November 9, 2011, EVCA filed a Schedule 14C Information with the SEC, to notify the shareholders about the amendment to its Articles of Incorporation to increase the number of shares of Common Stock as well as Class B Convertible Preferred Stock. The amendment is set to be effective on November 30, 2011.

Mack Sanders, CEO of EVCARCO, stated, “In a tough automotive climate, EVCARCO continues to focus on growth and exploring opportunities. We believe that our motto, Future Driven®, has never been stronger and as a veteran of the automotive industry for more than 25 years, I can certainly tell you that the EVCARCO team will continue to adapt, expand, and adjust to all aspects of these changing times.”

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

EVCARCO Inc. 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 from multiple manufactures. EVCARCO – Future Driven ®

This Press Release contains certain forward-looking statements that involve substantial risks and uncertainties, including, but not limited to, the results of ongoing clinical studies, economic conditions, product and technology development, production efficiencies, product demand, competitive products, competitive environment, successful testing and government regulatory issues. Additional risks are identified in the company’s filings made with the Securities and Exchange Commission.

Dr. Priscilla Lu, Chairman of ZAP Jonway, stated: “As we began laying the foundation for growth, the past several months have been transformative for ZAP Jonway. ZAP’s acquisition of 51% of Jonway Auto in January of 2011 was the first step in our initiative to establish a combined company that features strong manufacturing capabilities, an established distribution platform and a 17-year history of EV innovation. More recently, we appointed Mr. Zhang Da Qi as General Manager at Jonway Auto who will provide key leadership in our sales expansion initiatives. Our new product roadmap reflects our adherence to market relevance by focusing on delivering a high-quality yet affordable new energy electric vehicle product line targeting the fleet market, applying the same principles that Jonway has with its gasoline vehicles.”

“As we expand our product line in 2012 to launch our EV models, we plan to develop new channels that address sales opportunities with institutions, governments and corporations while utilizing the established network of nationwide dealerships we already have in place for selling direct to consumers. Mr. Zhang Da Qi, with his extensive experience in the Chinese auto industry, will offer new product packages that are attractive to large volume buyers,” concluded Dr. Lu.

Recent Company Highlights

• Introduced first joint product roadmap for 2011/2012 featuring new traditional gasoline and new energy electric vehicle models.
• Extended warranty period demonstrates ZAP Jonway’s commitment to quality with its core engine technologies using the Mitsubishi gasoline drive train, thus leading the Chinese auto industry with an unprecedented five-year warranty for its automobiles manufactured in China.
• Expanded and relocated sales and customer support center to Hangzhou, a vibrant technology center in the Zhejiang Province of China, to be in close proximity to its new energy vehicle R&D center and to increase access to talent for expansion plans.
• Appointed Mr. Zhang Da Qi as General Manager of Jonway Auto to lead sales and operations initiatives, leveraging his 20 years of experience working with leading Chinese auto companies.

Benjamin Zhu, ZAP Jonway’s Chief Financial Officer, stated: “Our consolidated financial results for the three- and nine-months ended September 30, 2011 reflect the financial consolidation of ZAP and Jonway Automobile as a result of the majority acquisition completed in January of this year. ZAP’s financial results for the 2010 periods reflect only ZAP’s results on a standalone basis. The 2011 financial results are also demonstrative of the transition we have undertaken wherein we recorded several administration costs related to the acquisition. We are at the tail end of this process and can now begin to leverage and maximize the synergies between the two companies.”

Please note as the company acquired 51% of Jonway operations in January 2011. As such, when comparing year-to year the results of the consolidated financials this year of the combined companies, they increased compared to ZAP’s standalone financials from 2010.

Consolidated Financials for the Three Months Ended September 30: 2011 Compared to 2010

• Net sales were $14.1 million including $13.7 million contributed by Jonway, compared to $985,000.
• Gross profit was $2.1 million, including $2.0 million contributed by Jonway, or 15.2% of sales, compared to gross profit of $148,000, or 15.0% of sales.
• Operating expenses were $7.3 million including both $3.9 million related to Jonway and non-cash charges of $1.2 million related to quarterly amortization of distribution agreements for Jonway products and Better World’s charging stations and quarterly fees related to a management agreement between ZAP and Cathaya Capital. This compares to operating expenses of $1.9 million. The increase from Jonway was due primarily to increases in sales and marketing, general and administrative, and research and development related to the addition of Jonway and the integration of EV technology.
• Net loss was $8.9 million, or $0.04 per diluted share, compared to net loss of $2.3 million, or $0.02 per diluted share, including total comprehensive loss of $1.1 million contributed by Jonway.
• At September 30, 2011, cash and cash equivalents was $1.5 million.

Consolidated Financials for the Nine Months Ended September 30: 2011 Compared to 2010

• Net sales were $42.1 million including $40.0 million contributed by Jonway, compared to $2.7 million.
• Gross profit was $4.8 million including $4.3 million contributed by Jonway, or 11.3% of sales, compared to gross profit of $364,000, or 14.0% of sales.
• Operating expenses were $24.9 million, including $11.2 million related to Jonway and non-cash charges of $3.5 million related to amortization of distribution agreement for Jonway products and Better World’s charging stations and fees under a management agreement between ZAP and Cathaya Capital. This compares to operating expenses of $7.2 million. The increase from Jonway was due primarily to increases in sales and marketing, general and administrative, and research and development related to the addition of Jonway and the integration of EV technology.
• Net loss was $29.5 million, or $0.14 per diluted share, compared to net loss of $7.6 million, or $0.07 per diluted share, including total comprehensive loss of $3.1 million contributed by Jonway

Conference Call Information

ZAP Jonway’s management team will hold a conference call today, Tuesday, November 15, 2011 at 1:30 p.m. PT / 4:30 p.m. ET (5:30 a.m. on Wednesday, November 16, 2011 in China) to discuss its third quarter 2011 earnings results, review the quarterly activity and answer questions. Investors in the United States may participate in the call by dialing (877) 280-7473, and international participants may dial (1-707) 287-9370. The conference ID is 25418272 and participants are encouraged to dial 10 minutes prior to the call to prevent a delay in joining. A live webcast of the conference call is scheduled to be available on ZAP Jonway’s corporate site athttp://www.zapworld.com/Investors. For those who cannot listen to the live broadcast, a webcast replay of the call is scheduled to be available on the company’s corporate site for 90 days. A telephone replay of the call is also scheduled to be available through November 17, 2011. To listen to the telephone replay dial (855) 859-2056 or dial (1-404) 537-3406 outside the United States, and enter pass code 25418272.

About ZAP Jonway

ZAP Jonway combines the attributes of both companies, ZAP and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile’s established ISO 9000 manufacturing facilities, research and development and sales and customer services facilities in China, ZAP Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. ZAP, an early pioneer of EVs, brings to the new combined company a broad range of EV design experience that is being applied to new product lines. ZAP Jonway is focused on addressing EV fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. ZAP Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. ZAP Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People’s Republic of China. Additional information about ZAP Jonway is available at http://www.zapworld.com.

Forward-Looking Statements

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in ZAP’s periodic reports filed with the Securities and Exchange Commission.

http://www.li-ionmotors.com/blog/?p=796

The Auto Channel has established itself as the most complete and comprehensive automotive information resource on the Internet: welcoming millions of consumers, enthusiasts, and fans from more than 80 countries. The Auto Channel is a content rich website filled with original and Internet exclusive material. It is what Forrester Research classifies as a DESTINATION SITE; that is, a full-fledged channel for exchanging information, and that uses information, entertainment, and high production values to attract an audience and keep them coming back. The Auto Channel currently has over 1.3 million searchable pages.

Inizio is the world’s fastest, all electric, Supercar, capable of 170 MPH with acceleration from 0-60 MPH in 3.4 Seconds with ZERO EMISSION and with a 114 inch wheel-base and 78 inch wide footprint. In addition to the Inizio, Li-ion Motors created the WAVE II, a two seat all electric, zero emission commuter car with an impressive 202.5 MPGe, as rated by the Argonne National Lab (US Department of Energy) and is the winner of the 2010 Progressive Automotive X-Prize in the side by side competition. Both the WAVE II and Inizio are in the process of DOT Certification and upon completion will be released to the public.

Li-ion is not new to electric cars. Formed in 2000, the company is a pioneer in the advanced development of Lithium Ion battery technology and with over a decade of research and development, Li-ion has been converting internal combustion cars to all electric all along and is poised for significant growth moving forward. Li-ion Motors was the first company in the world to deliver an all electric car to a consumer with the Wal-Mart/Sam’s club “Once in a Lifetime” package in 2007.

Li-ion has converted PT Cruisers, Mini Coopers, Toyota Yarises, Pontiac Vibes, trucks, and motorcycles. The company’s customer base extends to other countries including Canada, the Netherlands, and the United Arab Emirates.

Along with the production of original vehicles, the company licenses its proprietary Battery Management System (BMS) and technology to automobile manufactures seeking to advance their electric vehicle offerings.

About Li-ion Motors Corp.: (OTCBB: LMCO)(FRANKFURT: LL9L), headquartered in Mooresville, NC with corporate offices in Las Vegas, NV, is a leading developer and manufacturer of electric powered automobiles including the WAVE II and the Inizio.

Previously known as Hybrid Technologies, the company has more than ten years’ experience and expertise in the conversion of internal combustion cars to all electric for both individual and corporate customers as well as government agencies such as NASA.

The company won the Progressive Automotive X Prize in 2010 for its WAVE II, which came with a $2.5 million (USD) award. During the X Prize competition, the WAVE II whose electric motor is powered by lithium-ion batteries governed by a proprietary battery management system (BMS) was certified by the Argonne National Laboratory at 202.5 MPGe (miles per gallon equivalent).

The Inizio is the world’s first 100% electric supercar, capable of 170 mph and acceleration from 0-60 mph in up to 3.4 seconds. Both vehicles are moving into production for consumer sales in 2011.

Along with the production of original vehicles, the company licenses its proprietary BMS and technology to automobile manufacturers seeking to advance their electric vehicle offerings.

FORWARD LOOKING STATEMENT: This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.

CONTACT INFORMATION:
Website: http://www.li-ionmotors.com

Licensing/Sales/Reservations
1-877-274-6236 or 1-704-601-9928
sales@li-ionmotors.com

Investor Relations
1-888-669-1808 or 1-305-395-6086
ir@li-ionmotors.com

Media Contact
1-704-210-8804
pr@li-ionmotors.com

AUSTIN, TX, Apr 04, 2011 (MARKETWIRE via COMTEX) — SmallCapVoice.com, Inc. announced today that a new audio interview with Electric Car Company, Inc. (OTCBB: ELCR) is now available. The interview can be heard at http://smallcapvoice.com/blog/3-29-11-audio-interview-with-electric-car-company-otcbb-elcr/

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html.

About Electric Car Company, Inc. Electric Car Company, Inc., (OTCBB: ELCR) is a vehicle conversion company that specializes in manufacturing for the livery and fleet markets including corporate VIP, party buses, municipal buses, custom wheelchair accessible sedans and delivery vehicles. The Company specializes in customizing vehicles and power trains. Based on this proven business strategy, the Company is targeting growth in the aftermarket automotive up-fitter segment including, but not limited to electric car conversions, hybrid electric vehicles, electric vehicle range extenders, liquid propane conversions, limousines & other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations. Electric Car Company’s wholly owned subsidiary, Imperial Coach Works, Inc. and its custom manufacturing division Imperial Coach Builders, Inc., is a limousine and specialty vehicle manufacturing entity that operates out of a 60,000-sq/ft facility in Springfield, MO., For more information visit: www.electric-elcr.com and www.limoland.com.

Contact for SmallCapVoice.com:
Stuart T. Smith
512-267-2430
info@smallcapvoice.com

Source www.windstocks.net

The American Wind Energy Association (AWEA) recently promoted the idea that Wind Energy may be a feasible solution for powering existing and upcoming electric cars across the nation. Windstocks.net felt that our visitors should be aware of this due to the fact that the electric car sector has been facing controversy regarding how sustainable and “green” electric cars really are. If wind energy were to become the main source of electricity for electric cars there would no longer be any argument as to why the electric car is a real solution to Americas foreign oil dependency. Read AWEA’s FEB 28 th  press release to familiarize yourself with the facts that substantiate the AWEA’s vision for an Energy independent Nation

AWEA FEB 28th Press Release

As oil prices climb, now you can wind-power your car

Overseas instability puts spotlight on homegrown energy, new electric cars and plug-in hybrids

WASHINGTON – Unrest in oil–producing countries–and resulting prices for gasoline now topping $4–a–gallon in some areas of the country–have turned attention to how America can power more of its vehicles with homegrown energy, and how wind power can help.

With the electric cars and plug–in hybrids now being rolled out by major automakers, wind energy stands ready to become an important player in the nation’s transportation fuel mix, industry leaders say.

Vehicles now entering the market can be charged simply by plugging them into an outlet at home or at work. That will create more demand for electricity. “The good news is, all the needed electricity can come from wind energy, which is clean, affordable, inexhaustible–and, of course, homegrown,” said Elizabeth Salerno, Director of Industry Data & Analysis at the American Wind Energy Association (AWEA). In 2008 and 2009, wind created more new U.S. electric generating capacity than any other source.

Wind power also allows America to tap its own energy resources in another way: by providing an alternative to another transportation energy source that is abundant here: natural gas. Today natural gas already powers many vehicles such as public buses and taxicabs. With more wind power coming online, natural gas that might otherwise be used for power plants becomes available to affordably fuel more vehicles, which could extend to passenger cars and trucks. That is the Pickens Plan, advanced by T. Boone Pickens, which AWEA supports. Thus wind power lets America drive on its own energy sources in at least two ways.

Tapping homegrown wind energy to power our cars could have a major impact on America’s dependence on imported oil over time. According to Salerno, if plug-in hybrids were to grow to half the U.S. vehicle fleet, for example, and those vehicles were charged with clean wind energy:

• America would avoid the use of over 60 billion gallons of gasoline a year
• America would use 3 billion fewer barrels of oil a year
• It would take 143 gigawatts of wind energy–less than 2% of the total wind resource potential in the U.S.

We don’t have to wait that long to get the benefits of driving on wind power. “Just one 100-megawatt wind farm generates enough electricity in a year to power one billion miles of plug-in hybrid driving,” Salerno says. “Sliced another way, that’s enough for 87,500 plug–in hybrid vehicles to drive 12,000 miles a year, from just one typical wind farm.”

And with wind power more affordable than ever, the cost savings quickly mount up. Thanks to improvements in technology and efficiency and state Renewable Electricity Standards, one can drive an electric car or plug-in hybrid on wind–generated electricity for at most 3 cents per mile. That compares to 14.4 cents for gasoline, at today’s prices.

Oil price volatility has repeatedly hurt America’s wallet and impacted its economy, starting with the energy crisis of the early 1970s, and again in the price spikes of 2000, 2008, and now 2011. Wind energy experts point not only to wind’s affordability but its price stability: the fuel that turns a wind turbine’s blades–i.e., the wind–will always be free and inexhaustible. And, utilities typically sign fixed-price contracts with wind farms lasting 20 to 30 years.

“Wind energy is a good choice to power Americans’ cars and cut our dependence on imported oil,” says AWEA CEO Denise Bode. “With electric and plug–in hybrid cars entering the market, wind power is already a mainstream, affordable energy source, one that is held back only by an absence of policy consistency.”

“To strengthen our national security, America must diversify our transportation sector’s energy portfolio, as well as the electric grid,” according to Bode. She said the best ways to do that would be a national Renewable Electricity Standard, and an extension for 5–10 years of the Production Tax Credit for renewable energy that currently expires in 2012.

Wind power is homegrown in ways beyond the energy it yields. Over 400 U.S.–based manufacturing plants now serve the American wind power industry, and approximately 50 percent of what goes into a U.S.–deployed wind turbine is now made in the U.S. Both of those numbers will continue to grow as the industry grows and manufacturers locate factories near the demand for wind energy. Thus, wind turbines themselves are increasingly American-made–as is the power they produce.

As you can see the wind sector and electric car sector are poised to benefit from AWEA’s Vision. Keep a close eye on  Wind stocks being covered on this site! You never know when your retirement plan might be staring at you dead in the face! Give us your thoughts as to whether or not you feel wind power and electric cars are a good match.

Have A Profitable Day!