LONG BEACH, CA / ACCESSWIRE / November 28, 2014 / Vision Industries (OTC: VIICQ) received an official request from a Canadian Energy Solutions Company to prototype 32 Tyrano(TM) trucks at a remote mining site in Northern Canada. The mining site has a massive wind turbine facility which can produce hydrogen through an electrolyzer. With the capability to produce on-site hydrogen, the mining company hopes to eliminate the need for shipping large quantities of diesel fuel (to the remote site) before onset of winter. During the winter season, the shipping lanes are usually frozen.
Powered by a 536 HP engine creating 3,300 ft./lbs. of torque. The Tyrano(TM) is the superior drayage vehicle. With the standard H2 fuel tank configuration, the Tyrano(TM) can cover 200 miles (400 miles on an extended configuration) over an 8 hour shift. No internal combustion engine means no carbon footprint, no carcinogenic particulates and no noise pollution. Absolutely "Zero Emissions" with an electric engine. VIIC heavy-duty Class 8 trucks are substantially less expensive to operate on a per mile basis than diesel and natural gas powered trucks. The cost savings on a per mile basis versus diesel and natural gas, is expect to be around 35% to 45%. Debtor's hydrogen/electric drive system offers almost double the pulling-power of a conventional diesel truck.
Vision Industries expect to emerge from Bankruptcy in December. Details of the plan of reorganization to restructure the debts to emerge a profitable entity will follow as well as the name of the Canadian Energy Solutions Company.
About Vision Industries
Vision is a developer of zero emission fuel cell electric Class 8 vehicles and turnkey hydrogen fueling systems. Vision's proprietary hydrogen/electric hybrid drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. For more information on Vision Industries Corp., please visit http://visionmotorcorp.com/.
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Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate", "believe", "estimate", "may", "intend", "expect", and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Contact:
Jerome Torresyap
Jerome_Torresyap@visionmotorcorp.com
310-454-5652
SOURCE: Vision Industries