Amp Delivers Its First Electric Mercedes-Benz ML Conversion

Amp Delivers Its First Electric Mercedes-Benz ML Conversion
As Elon Musk, the chief executive of Tesla Motors, learned during filming of “Revenge of the Electric Car,” developing an E.V. from the ground up is a prohibitively expensive exercise. Amp Electric Vehicles, an Ohio company that removes the guts of internal-combustion passenger cars and replaces them with electric powertrains, says it has a more viable way to get E.V.’s on the road, even if those roads are almost an ocean away.

On Wednesday morning at its showroom and production complex in Cincinnati, Amp executives handed over the keys of an electric Mercedes-Benz ML 350 to the company’s newest and biggest client, Gisli Gislason, the chairman and chief executive of Northern Lights Energy, a utility in Iceland. The luxury S.U.V. is the first vehicle to be produced in a five-year contract between the two companies, during which Amp expects to ship 1,000 E.V.’s to the island nation.


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Agent009Agent009 - 5/11/2011 4:18:58 PM
+1 Boost
Hmmm this looks like the same one we caught back in August.


thstonethstone - 5/11/2011 7:07:15 PM
+1 Boost
These are the same folks who invested big in worthless mortgage securities and now they want to buy 1,000 EV's?

Does this country have a sign tacked to its back saying "Kick Me"?



HolydudeHolydude - 5/11/2011 9:39:51 PM
+1 Boost
@thstone - yes, they're the ones who bought from Bear Stearns, Lehman Brothers, Merrill Lynch, and AIG those worthless mortgage securities. The IBs that structured these products happened to be acquired, folded, or was bailed out with YOUR money. So I think you should take the "Kick Me" sign off your back instead.


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