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EV Innovations Inc. (EVII.OB) EV Innovations Inc. (EVII) is committed to using its resources for the development and marketing of lithium-powered vehicles and products, as well as commercial and residential properties. The Company has successfully converted scooters, bicycles, mopeds, motorcycles, cars and homes into zero-emission, lithium-powered vehicles and facilities. The Company’s products have received massive attention from CNN, Forbes, Popular Mechanics, and Wired magazine as well as from other broadcasters. Marketing Trend forecasters believes that its all-lithium BMW AG Mini Cooper will become the new “it” car among the Hollywood crowd, who are no strangers to the company. Because EV Innovations’ vehicles are not run on gas, they require very low maintenance and can save users hundreds of dollars. EV Innovations has signed contracts with NASA, the Canadian Ministry of Transportation, the City of New York, the US Navy, and Paratransit, a New York transportation company, among others. The media, government and public are taking note of the company’s vehicles and the demand could become very strong in the future. Electric powered vehicles are expected to gain significant market share in the worldwide light vehicle market because of rising fuel prices and stricter emissions regulations. As an emerging leader in the development and marketing of lithium-powered products, EV Innovations is positioned to benefit from the rising demand for electric powered transportation.
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