Phoenix Motorcars, a California-based electric vehicle company, has signed a Letter of Intent (LOI) to enter into a joint venture with Pristine International SAdeSV to build all electric vehicles for shipment within Mexico, other regions in Latin America and to the Indian sub-continent.
The plant will be constructed in Puebla, Mexico. Volkswagen of Mexico will also be a participant in the venture. Terms of the joint venture were not disclosed pending finalization of the agreement.
Phoenix Motorcars has taken orders for over 500 fleet-ready vehicles for 2008 delivery and continues to target United States premier fleet operators with an all electric mid-size Sport Utility Truck and SUV. (Earlier post.)
Phoenix’s advanced battery-electric, zero-emission Sports Utility Truck can travel at freeway-speeds while carrying five passengers and a full payload. The vehicle exceeds all specifications for a Type III ZEV. Equipped with a lithium-ion battery pack from Altair Nanotechnologies, the SUT has a driving range of more than 100 miles.
(A hat-tip to Richard!)