ECOtality, Inc. (ETLY.OB) Subsidiary to Perform Testing of Chevrolet Tahoe Hybrid Electric Vehicles
One of ECOtality’s wholly owned subsidiaries, Electric Transportation Engineering Corporation (eTec), announced that it will be performing baseline and fleet testing on two Hybrid Chevrolet Tahoes for the Department of Energy’s Advanced Vehicle Testing Activity (AVTA). The entire project is valued at $10.5 million and is part of a five-year contract with the Department of Energy that was started in October of 2005. Don Karner, President and CEO of eTec, stated, “eTec’s work with the DOE’s AVTA program displays our commitment in taking a leading role in the testing, development and advancement of advanced vehicle technologies that will reduce our…