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Boulder Electric Vehicle sells 1st 70 mph truck

Carter Brown, CEO, Press & Investor Relations for Boulder Electric Vehicle has been aware of an emerging market for a unique Boulder Based, Green Energy solution for a few years now.

And after only a year and a half of rigerous testing in an industrial building on the outskirts of Lafayette, Boulder Electric Vehicle will deliver a full-speed, battery-powered delivery truck to its first customer Thursday.

The DV-500 weighs 7,000 pounds, can carry a two-ton payload and rolls for 120 miles on a single charge from an 80 kilowatt-hour lithium iron phosphate battery. Delivery trucks and cargo vans have extremely large carbon footprints as well as foreign oil consumption.

The appeal of trucks like the DV-500 will only increase as petroleum prices remain high and federal and state tax credits for fuel-efficient vehicle purchases remain in effect. By replacing these vehicles with electric drive technology, companies can reduce our dependency on foreign oil, reduce green house gas emission while creating a cleaner, greener world.

Industry analysts say the company is hitting the market at just the right time, with businesses of all kinds looking to lower fuel costs across their fleets while simultaneously leaving behind a greener footprint.

Boulder Electric Vehicle's trucks and vans fit the standards for FedEx, UPS and much of the delivery industry. Other options such as 15 passenger shuttles, school busses or flat bed service trucks are under development. We can modify the upper body of the vehicle for your needs, with build outs such as service sides or parks & rec side dumps.

The website PluginAmerica.org lists the vehicle as a breakthrough for the work horse of Trades like plumbers and short reange deliveries. Their research shows that virtually every major auto manufacturer in the world, along with numerous smaller outfits, is developing a plug-in vehicle and have plans to develop highway-capable cars and trucks, 2-3-wheeled seervice vehicles, and commercial vehicles.

Boulder Electric Vehicles website Specifications for the Commercial Vehicle Type as:

GVWR = 11,500 lbs

Payload = 4,000 lbs

Cargo Volume of864 Cubic Feet

Cargo Space 77"' H X 8' W X 13'

Overall Size 10.5’ H X 8’ W X 21’ L

Wheel base 132"

Range 40,80 or 120 miles, Equivalent to over 50 MPG

Top speed 65 mph

Power 80 KW

Battery type Lithium Iron Phosphate

Battery life 300,000 miles

Body & Chassis are a Lightweight aluminum composite

At today's gas prices the company estimates the vehicle only costs7cents/mile to Operate

Even after paying $70,000 for the electric truck, Robichaud figures to save about $5,000 to $8,000 a year per vehicle when compared with his conventional diesel-powered trucks. That's taking into account far cheaper maintenance on the electric truck, its substantially longer life and no fuel needed to power it. It's the first of up to 20 of its kind that Precision Plumbing and Heating in Gunbarrel plans to buy from Boulder Electric over the next couple of years.

Boulder Electric Vehicle's Brown is aware of the competition but said his company makes a truck that is not matched in size, range or speed by other manufacturers. CEO Carter Brown, says it's perfect for delivery businesses like Precision or Morning Fresh Dairy, a Fort Collins-area milk producer that might buy some of the trucks. He even eyes Cintas, FedEx and UPS as potential customers one day, as well as delivery businesses in Mexico and Japan.

And the company isn't stopping with the 500-cubic-foot DV-500. It now has under development a 1,000-cubic-foot truck. The Boulder County company has a five-line assembly plant in Lafayette and plans to open an additional plant in Los Angeles later this year. Boulder Electric Vehicle employs about 30 people in Lafayette, a number that should double in 2012, according to Brown

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