updated 12/20/2010 3:47:18 PM ET 2010-12-20T20:47:18

EL SEGUNDO, Calif., Dec. 20, 2010 (GLOBE NEWSWIRE) -- Two new non-polluting trucks powered by zero-emission plug-in electric/hydrogen fuel cells will soon hit the road in the ports of Long Beach and Los Angeles in a demonstration of the cutting-edge green technology.

In an agreement with El Segundo-based Vision Motor Corp. (OTCBB:VIIC), one big-rig truck and one terminal tractor will be put to work for 18 months, with an anticipated start in early 2011. They will be tested under typical conditions for these short-haul vehicles. Each port has agreed to provide $212,500 from their Technology Advancement Program funds toward the cost of the $1 million project.

"This is another example of how the ports' Clean Air Action Plan is continuing to look for new technology that can contribute further clean air improvements," said Richard D. Steinke, Port of Long Beach Executive Director. "We're looking forward to seeing how these vehicles perform."

"Our partnership with Vision Industries reflects our commitment to bring promising zero-emission transportation solutions to market," said Port of Los Angeles Executive Director Geraldine Knatz, Ph.D. "It's these type of vehicles that will help us significantly reduce greenhouse gas emissions."

Both vehicles are electric trucks, with batteries recharged by hydrogen fuel cells. The fuel cell generates electricity from a reaction of hydrogen and oxygen. There is no combustion and no air pollution.

The on-road heavy-duty truck will be operated by Total Transportation Services Inc., a local trucking firm that serves both ports. The yard tractor will be operated on the property of California Cartage Express, another local trucking firm.

The ports' Technology Advancement Program encourages the commercialization of clean goods-movement vehicles and equipment. Each port has budgeted $1.5 million annually for the TAP since 2007. Recently, the U.S. Environmental Protection Agency bestowed the 2010 Clean Air Technologies Award to the ports for the TAP program.

About Vision Motor Corp

Vision Motor Corp (Vision), headquartered in El Segundo, California, designs and manufactures advanced zero emission, hydrogen fuel cell hybrid electric drive, Class VIII heavy-duty commercial trucks. Vision provides cost effective, zero emission, vehicle solutions to help short-haul freight carriers meet local, state and federal air emission standards and also provides a vehicle that delivers a lower cost of operation which has a direct impact on freight carriers profit margins. The Company is traded on the OTCBB (VIIC.OB) as Vision Industries Corp, and is a SEC reporting company. For more information on Vision Industries Corp., please visit www.visionmotorcorp.com

The Vision Motor Corp logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8358

Safe Harbor Statement

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.

Media Contacts

Art Wong, Port of Long Beach Assistant Director of Communications/Public Information Officer, (562) 590-4123, (562) 619-5665 (cell), or wong@polb.com.

Phillip Sanfield, Port of Los Angeles Director of Media Relations, (310) 732-3568, (310) 418-6131 (cell), or psanfield@portla.org.

CONTACT:  Vision Industries Corp.
          Investor Relations Contact:
          Rusty Miller, Investor Relations Director
            1-877-340-8909 Ext. 205
            rusty@visionmotorcorp.com
          Rudy Tapia, Vice-President of Business Development
            1-877-340-8909 ext 203
            Rudy@VisionMotorCorp.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.95%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com