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E-Cars is dedicated to developing green technology innovation in the automotive sector, especially with regards to providing Electric, Plug-in hybrid, Hydrogen and Thorium alternatives.
The Global community is more environmentally aware than ever before in the history of mankind. As a result, eco-initiatives are being given Governmental backing in order to combat the growing issue of carbon emissions and pollution on our planet. For information on other Government-backed Global EV incentives, please see: Government Incentives for Electric Vehicles)
The electric car was first invented in 1834 by Thomas Davenport. Since then most major car manufacturers, at some time or another, have taken steps to build an electric car or a hybrid; e.g. Audi, BMW, Mercedes, Honda, Toyota, Renault, Citroen, Volvo, General Motors, Ford, Nissan, etc. However, the cost of implementing new lines of vehicles is currently not economically viable and may only be feasible within the next 5 to 10 years.
Whereas E-Cars can affect the market within 12 months. Our initial conversion approach has also less impact on the environment as we are not initially building new cars but simply modifying existing vehicles with an electric motor or hybrid kit. It’s a fact that almost all cars currently can be converted to full electric power or hybrid. Eventually, as the modification market is reduced, and the cost of building electric cars becomes more economical, we will shift into EV production, with several joint venture partners and a potential OEM.
Three primary factors to consider are:
Cost: Transplanting engines would involve the price of the electrical motor, drive train & batteries, labour & servicing, and admin. Direct costs to the customer would be off-set by the EV subsidies offered in the UK, i.e. the Plug-In Car & Van Grant (UK Government Grants) and in America there is also an EV incentive. (Please see: US Government Grants).
Various companies around the world are already established producers of the required equipment, e.g. BYD Ltd. (www.byd.com) making outsourcing the most efficient way to reduce overheads. The actual cost of the EV engine could be mitigated further by the recycling value for the fuel engine, the saving of Road Tax and inner-city Congestion Charges (London only). Additional financing planning with Banks and Financing companies could allow Customers to repay balances over a period of time that is compliant with their specific cash-flow requirement. The considerable savings on annual fuel expenses could also be used to offset these costs.
Practicality: The only elements to be modified is the engine & drive-train, therefore the rest of the vehicle remains exactly the same. Maintenance can be done by regular mechanics. The engine & battery maintenance could either be done by E-Cars or by regular Mechanics, through a franchise network. With the global car industry in a vulnerable position, the innovation offered by E-Cars would create jobs.
Marketing: All major innovations of the 21st Century have required substantial marketing expenditure, i.e. Mobile phones, Computers & the Internet, etc. As the progressive wave of environmental awareness continues to grow, endorsed by all Western Governments, the vast media resources of Motor Car companies worldwide can easily substantiate the popular growth of the electric car over the next 25 years.
The initial Stage 1 will provide a practical business plan and engage a core team capable of implementing the plan. The Management will also endeavor to attract respected Eco-funds and US Government & European Union Grants to our endeavor.
The Team, with a comprehensive Business model, will take the E-Cars proposal forward to Stage 2 and establish factories within the USA and United Kingdom.
Part of the growth strategy is to go to an IPO by Stage 3
Providing the financial resources to expand into North America & Europe by Stage 4 and Stage 5.