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Tuesday, July 20, 2010

Ambiente Motors plans to partner with a company outside of Sao Paulo, Brazil to sell electric trucks.

The price of the trucks will be equivalent to $32,000, and they will be used for delivery, airport operations and government agencies.

"We looked at the 30 largest logistics companies in Brazil," [owner Melissa] Brandao said, noting many of them are American, which will reduce some of the hurdles in starting up in a foreign country.

"I knew I wanted to target Brazil, Russia, India and China, the largest economic developing nations that are growing the fastest with a lot of power," she said. "I decided on Brazil for a number of reasons. Brazil has an 85 percent renewable energy portfolio, ours by comparison is 3 percent. They've done a lot with alternative energy such as compressed natural gas and ethanol. Today, ethanol supplies more than 50 percent of their energy."

Read the full report at the Ashland Daily Tidings.

 
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