Visionary Vehicles/Malcolm Bricklin Endorse CalCars & PHEV Campaign
Mar 8, 2007 (From the CalCars-News archive)

Is this unprecedented? A startup automaker sees the benefit of
working with today's coalitions of car-buyers/drivers/early adopters,
technologists, companies and policy advocates.

Visionary Vehicles is the first to recognize it can capitalize on the
growing momentum for plug-in hybrids, instead of resisting it! We
hope this new company will succeed -- and that it will help speed the
transformation of the auto industry.

For media coverage about Visionary's announcement of its shift to
focus on PHEVs, see our CalCars-News posting January 9, "Could China
Deliver Affordable PHEV by 2009 with Malcolm Bricklin?"
<http://www.calcars.org/calcars-news/647.html>

Here's today's joint Visionary Vehicles/CalCars press release:

Visionary Vehicles Endorses CalCars
Malcolm Bricklin Throws Support to the Promotion as Well as the
Production of Plug-In Hybrid Cars

March 8, 2007 (Palo Alto, CA) -- Felix Kramer, CEO and Founder, Cal
Cars, today announced that Visionary Vehicles, the first 21st Century
car company dedicated to mass producing a full line of Plug-In Hybrid
Electric Vehicles (PHEVs) will has endorsed its organization and the
broad campaign to commercialize PHEV's.

"This starts the great Plug-In Race of the 21st Century. Companies
all over the world are stepping up to this international challenge.
Electrifying transportation and cleaning the fuels are the ways to
reduce our dependence on fossil fuels and decrease greenhouse gases
from vehicles. We can do it now, with no new infrastructure and no
technology breakthroughs. We at CalCars applaud Visionary Vehicles'
bold plans to mass-produce high-quality advanced technology vehicles
for the U.S. and international markets faster than any other
auto-maker thinks is possible -- while making a profit. They could
pave the way for the rebirth of an entire industry," announced Felix Kramer.

"Visionary Vehicles is committed to advancing this important new
technology and accelerating the adoption of PHEVs," said Malcolm
Bricklin, CEO and Founder. "We're opening competition, and motivating
the world's auto industry to make a transition to better, greener
cars. We plan to use quantity orders to reduce battery and component
prices and economies of scale to replace the cars people drive today
with what people really want: cars that are in the luxury category in
terms of design, engineering, performance, safety and reliability but
are affordable and get 100+mpg of gasoline."

"In addition to our work on our vehicles, we aim to become part of
the broader community that's driving the adoption of clean vehicles
among consumers and building support for those vehicles and their
technologies among public policymakers at local, state and national
levels," continued Bricklin. "To that end, we will support
CalCars.org, the California Cars Initiative, as well as other
industry and advocacy organizations working to advance this cause. We
will earmark a portion of the profit from every car that we sell to
contribute to transforming the transportation industry."

Visionary Vehicles also plans to reach out and join the Electric
Drive Transportation Association, the Electric Auto Association,
Plug-In Partners, the Infrastructure Working Council and
WestStart-CALSTART among other groups who are leading this important
advocacy effort including UC Davis Professor Andy Frank, the Electric
Power Research Institute and the California Electric Transportation
Coalition as well as Plug In America.

About CalCars.org http://www.calcars.org

The California Cars Initiative (CalCars.org) is a Palo Alto-based
nonprofit startup of entrepreneurs, engineers, environmentalists and
consumers promoting 100+MPG plug-in hybrid electric vehicles (PHEVs).
CalCars.org is itself a hybrid, focusing both on public policy and
technology development, harnessing buyer demand to speed PHEVs'
commercialization and mass-production. Formed in 2002, CalCars.org
was first to convert a standard hybrid into a plug-in hybrid in 2004,
and has since worked to raise awareness about PHEVs' benefits and feasibility.

About Visionary Vehicles http://www.vvcars.com
Visionary Vehicles, Inc. is dedicated to the design and distribution
of plug-in hybrid electric vehicles ("PHEVs") in North America and
other world markets that are manufactured and assembled in
China. The Company plans to exclusively offer plug-in hybrid
electric powered vehicles currently not available to the general
public. Its vehicles will be designed and engineered to meet or
exceed the exacting standards of luxury, performance, quality and
safety set by the leading German and Japanese luxury
Visionary Vehicles is working to address the growing and substantial
unmet consumer demand for alternative fuel vehicles as a result of
growing awareness and concern regarding environmental issues,
including the impact of carbon emissions on global warming and the
desire for energy independence to promote national
security. Visionary Vehicles believes that this demand
conservatively translates into a potential market of approximately
2.5 million U.S. consumers in the near-term.
Consumers will be offered environmentally responsible technology and
substantial fuel savings without compromise in terms of cost or
driving experience compared to established luxury brands. Visionary
Vehicles is dedicated to profitably establishing and growing a new
brand that convincingly persuades customers that Visionary Vehicle's
new products "Redefine Luxury".

Visionary Vehicles was founded by Malcolm Bricklin, the automotive
innovator who also founded Subaru of America. Mr. Bricklin currently
serves as Chairman and CEO of Visionary.

CONTACT: For Visionary Vehicles
The Lexicomm Group
Kevin DeLeon Kevin@...
Wendi Tush wendi@...

CONTACT: For CalCars
Felix Kramer info@... [may be slow responding, at TED Conference]