This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Electric Vehicles International Wins GSA Approval To Supply US Government & Military

STOCKTON, Calif., March 1, 2012 /PRNewswire/ -- Electric Vehicles International (EVI) announced today it has been awarded a U.S. General Services Administration (GSA) Schedule, making it possible for federal agencies and military forces to purchase the company's vehicles.  Under solicitation QMAA-F6-110004-N, four EVI models of medium-duty all-electric trucks and vans have been approved for government purchase, giving EVI the most comprehensive GSA-approved portfolio of all-electric, medium-duty vehicles.


"EVI's addition to the GSA vehicle automotive list is another big win for EVI as we look to grow our customer base throughout the country," said Frank Jenkins, Vice President of Sales and Marketing. "We are excited to partner with federal agencies and military forces as they look to transform their fleets to clean, energy-efficient, long-life battery electric vehicles that are built to stand up to the rigors of military use."

EVI's medium-duty truck and walk-in vans are all electric, class 4-6 delivery trucks boasting more acceleration and torque compared to internal combustion engines. With a top speed of 65mph and a range of 90 miles, EVI vehicles are well suited for return-to-base applications. Lithium iron magnesium phosphate batteries from Valence Technology (Nasdaq: VLNC) power EVI vehicles.

"This is welcome news for EVI and our region and I've been happy to support them in their efforts.  The work they do is a perfect example of how American ingenuity and hard work can create jobs, generate economic growth, and keep us competitive in the international market.  This new opportunity comes at a time when we need to focus on creating jobs and the economic health of our country," said U.S. Representative Jerry McNerney, from California's 11th District.

GSA is responsible for government contracts that provide streamlined purchases for government entities. GSA Automotive is responsible for procuring more than one billion vehicles each year.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs