New Ventures BC 2009 Top 10 Finalist Rapid Electric Vehicles (REV) announced yesterday that they have delivered the first of four revolutionary all-electric APVs to the US Army Tank Automotive Research Center (TARDEC) in Hawaii this week in partnership with Honeywell Aerospace. At the Wheeler Air Force Base the vehicles will be part of TARDEC’s micro-grid demonstration making use of REV’s unique bi-directional charging capabilities.

APV stands for Ancillary Power Vehicle, all electric high performance fleet vehicles that are more than just zero emission trucks. APV’s include REV’s proprietary energy storage and powertrain system that allow vehicle operators to invert its stored electricity and power industrial equipment, buildings and homes, in effect a mobile energy transport system.

REV’s CEO Jay Giraud explains, “REV’s APVs lie at the intersection of the automotive and energy industries. Our APV technology is eliminating transportation emissions, networking large amounts of power and storage and making it highly accessible anywhere. APVs will change the definition of the car and bring accessible power and storage right into densely populated areas, where consumption is high and reliability is needed most.”

REV’s technology signifies a shift towards a more reliable grid system as more APVs hit the road. The US Military and Honeywell Aerospace is just one example of this shift. REV’s launch partners include more than 25 APVs for the City of Santa Monica, the City of Surrey, City of Welland, Burlington Hydro and a major undisclosed power utility. More REV APVs will be rolling of the assembly line throughout the new year.

REV has additional launch partners in the construction, utility, military and municipal segments with expected orders of more than 200 APVs in 2011. Following these launch orders REV is preparing to scale production beyond 15,000 vehicles through 2014.

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