Wednesday, March 4, 2009

Carbon Motors Corporation Announces Five US States on Short List for 10,000 New American Jobs

(BUSINESS WIRE)--Carbon Motors Corporation announced today that 5 US States have made the short list for the location of the Carbon Campus, which will house the entirety of the company’s operations. Carbon Motors is a bold, new homeland security company that has developed the Carbon E7, the world’s first purpose-built law enforcement patrol vehicle. Independent projections forecast that 10,000 new sustainable direct and indirect American jobs will be created driving a $3 billion positive economic impact over ten years in the selected region. Formal Request for Proposals (RFPs) have been issued to local, state, and federal authorities in:

* Georgia (Braselton and Pooler)
* Indiana (Connersville)
* Michigan (Plymouth)
* North Carolina (Charlotte)
* South Carolina (Greenville and Spartanburg)

“We are keeping our commitment to share transparently with the public our discussions regarding the site location for Carbon Motors as we work to foster the public-private sector collaboration needed to provide our first responders the equipment they so sorely need,” said William Santana Li, chairman and chief executive officer, Carbon Motors Corporation.

“Moreover, as we have traveled across the nation during the Pure Justice Tour, we have become even more attuned to the critical needs of our first responders and the nation as a whole. We must innovate our way out of this national crisis, show courage and leadership despite the challenges, create new American jobs quickly, secure our homeland, re-energize our industrial sector, eliminate wasteful government spending, and address our critical energy issues. The White House has called for the country’s entrepreneurs to help bring America back to its rightful glory – we are here to do exactly just that with the most visible government fleet in the country,” continued Li.

“Beyond all the benefits that the Carbon E7 provides, our country has a moral obligation to provide our nation’s 840,000 law enforcement first responders with the world-class equipment needed to secure our homeland. We look forward to working closely with the U.S. Department of Energy, the Department of Homeland Security, and the Department of Justice as well as the White House and Auto Task Force to insure that we provide our brave women and men in law enforcement the same capability, protection and support that we provide our U.S. soldiers in a theatre of war. Absolutely nothing less will suffice,” said Li.

KEY FACTS

* American Jobs – the over 450,000 law enforcement patrol vehicles that protect and secure our communities across America are not manufactured in the USA. The Carbon E7 will be produced in one of five U.S. States under consideration.
* Energy – the nation’s law enforcement government fleet burns through an estimated 1.5 billion gallons of fuel annually and emits an estimated 14 million tons of CO2; the Carbon E7 will cut that by up to 40% using clean diesel technology, also capable of running on biodiesel
* Homeland Security – over 7 years after 9-11 our country’s 840,000 law enforcement first responders continue to utilize inconsistently outfitted retail passenger vehicles meant for consumer use which do not provide the safety and performance capabilities appropriate to secure our homeland; over 2,800 law enforcement professionals across all 50 US States at the local, state, and federal level helped design the Carbon E7 to specifically address their needs in the field
* Wasteful Government Spending – unlike the U.S. Department of Defense that oversees our military operations, the country’s over 19,000 law enforcement agencies have very limited economies of scale in purchasing the equipment they need and are forced to utilize an outdated and wildly inefficient process to operate and service these vehicles in the field. Moreover, they experience unnecessarily high operating costs due to unacceptable fuel economy, poor durability, excessive service requirements, and critical safety concerns. The Carbon E7 will reduce the total life cycle costs as well as the overall taxpayer burden required to support our law enforcement operations and provide dramatic improvements in safety and effectiveness at the same time.
* Industrial Investment – Carbon Motors will invest over $350 million into developing and producing the Carbon E7, which is slated for start of production in 2012. This amount is less than 1.5% of the $25 billion administered by the U.S. Department of Energy for the Advanced Technology Vehicles Manufacturing Loan Program. Carbon Motors looks to work with federal authorities to balance the amount of backing provided to struggling legacy players with support provided to those looking to innovate and leverage best practices to reinvigorate America’s leadership in the industrial sector.

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