AMP signs distributor agreement with U-Go Stations Cayman for electric vehicles

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AMP signs distributor agreement with U-Go Stations Cayman for electric vehicles

Greentech Lead America: AMP Electric Vehicles, an
electric vehicle company specializing in truck conversions, signed distribution
agreement with U-Go Stations Cayman to distribute all-electric SUVs to the
Caribbean Islands.

With this, U-Go Stations Cayman will become AMP’s second
international distributor. AMP of Cincinnati is the first U.S. dealership that
was announced in January 2012 at North American Auto Show.

“The combination of the near perfect weather conditions
of the Caribbean Islands, the high cost of gasoline, the inherent short
commutes of an island community and the desire to reduce dependence on foreign
oil makes for an outstanding scenario for our EV’s,” said Jim Taylor, AMP CEO.

The distribution agreement enables U-Go Stations Cayman
to have the exclusive retail and fleet distribution rights in the Cayman
Islands, Jamaica, St John, St Thomas, St Kitt, Bermuda, the Bahamas and
Barbados. U-Go is actively promoting the sale of electric vehicles and
currently developing convenient EV charging infrastructure in the Caribbean.

“The 100 percent electric AMP SUVs with a driving range
of about 100 miles will add a new dimension to the emerging Caribbean EV
market. Currently EVs sold there are either subcompact or compact sized. The
introduction of AMP’s SUVs will give our dealers a distinct competitive
advantage,” said Bill Policastro, U-Go Stations CEO.

AMP plans to deliver its first Electric SUV to U-Go
Stations Cayman for use in their EV auto show that is scheduled for the summer
of 2012 in Grand Cayman. During the show U-Go Stations Cayman plans to begin
taking customer orders for AMP’s EVs.

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