Vision Motor Corp

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187 views SAN PEDRO, Calif. - January 15, 2010 - Expanding its commitment to bringing cutting-edge, zero-emission solutions to port operations, the Port of Los Angeles is entering into negotiations with Los Angeles-based Vision Industries for the purchase and evaluation of Visions hydrogen fuel cell hybrid-electric trucks. > More California Governor Arnold Scharzenegger, Secretary of California EPA Linda Adams and Vision Industries' President & CEO Martin Schuermann discuss the importance of Vision's technology for California, and the world. Vision Industries Corp., a Florida corporation, DBA as Vision Motor Corp. in California, is a fully reporting, SEC compliant company and is listed on the OTC Bulletin Board: VIIC About Vision Industries Corp Vision is a developer of zero emission hydrogen fuel cell/electric powered vehicles and will be providing fueling solutions by building, owning and operating hydrogen fueling stations. Vision's proprietary hydrogen fuel cell / electric drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. Vision is the creator of the TyranoTM , the world's first hybrid electric/hydrogen fuel cell-powered heavy duty class 8 truck, featuring: zero emissions, reduced operating cost and superior performance. Vision is also in prototype development of the CheetahTM , which is intended to be the world's first hydrogen fuel cell/ plug-in electric-powered supercar, featuring: zero emissions, accelerating 0 to 60 MPH faster than production Ferraris, Lamborghinis, Porsches and the battery powered Tesla Competitive Advantage The Vision heavy-duty class 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 range from 35% to 45%.Our Vision hydrogen/electric drive system has 536 HP and 3,300 ft/lb of torque available; almost double the pulling power of a conventional diesel truck. Target Market Due to the ports of Los Angles and Long Beach's Clean Truck Program that offers cash incentives for the replacement of older dirty diesel trucks and the proximity and availability of low cost hydrogen, Vision is targeting truck fleet operators that haul goods from the Ports of Long Beach and Los Angeles for the initial sales of our zero emission trucks. Based on discussion with the Ports we anticipate sizable buying incentives to be applied against Vision's truck's MSRP. Additionally a federal tax credit of $40,000 is currently available to further incentives the purchase of our truck. Based on our trucks zero emissions and their operating efficiencies, we believe, that we offer a compelling solution for the Port's Clean Air Program's intent of reducing air pollution. Current Production Status We are currently conducting final testing with our test truck mule housed at Vision's El Segundo R&D facilities and we have received orders for limited demonstrations and testing of pre-production versions of our truck. Our proprietary fuel cell/electric powered drive systems will reach the market place through L.A.

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