Electric Vehicles * USA - Slow economy becomes a selling point for
Fort Wayne,IND,USA -The Fort Wayne Business Weekly, by DOUG LEDUC -July 3, 2008: -- Electric Vehicles Inc. went through some retrenching last year after ramping up to fill large orders from major international companies in the vehicle production industry... The industrial electric vehicle maker is back to growing at an easier pace, but prepared to move in a big way on any opportunities it should come across as a green technology company... Founder Jerry Medlin says Fort Wayne-based EVI has become a stronger company through some of the adjustments it made last year after nationwide demand for industrial electric vehicles diminished in the wake of an economic slowdown... EVI had more than doubled its work force in 2006, going from 16 employees to 35 or more. The company grew after winning a five-year exclusive contract to supply all General Motors Corp. plants in North America and forming a joint venture with another industrial manufacturer, Topper Industrial, to supply Federal Express... (Photo by Greg Bastin - A tech for Electric Vehicles Inc. installs wiring on a tow vehicle. The vehicle can tow 10,000 pounds)Labels: electric vehicles
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