Electric Car Company (ELCR.OB) Enters into Letter of Intent with Liberty Electric Cars
Electric Car Company, Inc., a vehicle conversion company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles, announced today that they have entered into a Letter of Intent (LOI) Agreement with Liberty Electric Cars, USA LLC. The Joint Venture is designed to combine the expertise and talent of both companies to produce zero emission electric vehicles and is subject to the execution of a definitive agreement. The main focus of the electric vehicle push within the industry has been tailored towards small city cars. The partnership…