Press
TORONTO--(Marketwire - 09/14/10) - W2 Energy, Inc. (Pinksheets:WTWO - News), a green energy company, is pleased to announce that it has signed up the first two dealers for The Solar Bug, manufactured by W2 Energy subsidiary Free Drive, Inc.
Houston Electric Cars (www.houstonelectriccars.net) of Houston, Texas and Small Planet E Vehicles (www.smallplanetevehicles.com) of Longmont and Fort Collins, Colorado have signed up to sell The Solar Bug and other Free Drive vehicles and products as they come available.
"We are thrilled to be able to offer The Solar Bug as one of our products," says Rick Ehrlich, President of Houston Electric Cars. "It's made in North America, looks really cool and takes electric transportation to the next level by taking some or all of its power from the sun."
"We think The Solar Bug is going to be one hot product," says Tom Wilson, President of Small Planet E Vehicles. "This car is an incredible product for so many different markets: people who only travel locally, municipalities and military bases that want to go solar with service vehicles and commuters who want to switch over from fossil fuels."
TORONTO--(Marketwire - 08/03/10) - W2 Energy, Inc. (Pinksheets:WTWO - News), a green energy company, is pleased to announce that it has finalized its purchase of Free Drive, Inc., (www.freedrive-ev.com) the Bozeman, Montana-based manufacturer of The Solar Bug.
The Solar Bug is a solar-electric vehicle which travels more than 30 miles on a full charge at speeds up to 35 miles per hour, and can carry two passengers and a small amount of cargo. It has 200 watts of roof-mounted solar power and a proprietary regenerative braking system which converts braking energy into battery storage.
Steve Titus, the Founder and President of Free Drive remains with Free Drive as Vice-President of Technical Development.
"I am thrilled to be working with W2 Energy," says Steve Titus. "It is my dream for everyone to drive cars that are powered by the sun. W2's ownership of Free Drive will bring that clean energy concept to reality."
W2 Energy will sell the Solar Bug in low speed versions which can go 25 miles per hour, and medium speed version which can go up to 35 miles per hour in states that have medium speed electric vehicle (MSEV) laws.
Commuters can get to and from work in the Solar Bug. Military bases, post offices, college campuses and corporations can use the Solar Bug as a service vehicle that requires little or no additional electricity and is nearly maintenance free. The Solar Bug can travel up to 10 miles per day on solar power alone.
The Solar Bug is the first commercially available solar powered vehicle in North America.
W2 Energy will sell the Solar Bug directly to retail customers and will also establish dealers worldwide.
"We think the Solar Bug is a cutting-edge product," says Michael McLaren CEO for W2 Energy. "The Solar Bug converts power from the sun into transportation energy, and it looks really cool too."
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Feature article on the Solar Bug from the Christian Science Monitor.
