In 2006 US Energy Delivered Production Model Dual Fuel System for General Motors Thailand C190 Colorado Pick-up Program
 |
For 2007 models, GMTH intends to offer Thai consumers a dual-fuel, natural gas/diesel option for their Chevy Colorado pickups. The program is scheduled for launch during the Thailand Motor Expo in December, following an introductory presentation at the Asia Automotive trade fair held November 9-12 in Bangkok, Thailand, and at the APEC CEO Summit in Vietnam.
According to US Energy's Weekly Fuel Price Report for the week ending August 19th, the Thai consumer currently pays an estimated 104.104 Thai Baht ($2.79 US) per gallon of diesel while a dual fuel gallon consisting of approximately 65% natural gas/35% diesel, would cost an estimated 57.39 Thai Baht ($1.53 US). US Energy's Weekly Fuel Price Report can be viewed in its entirety at http://www.usenergyic.com. "We are very excited to be supporting GMTH in their desire to bring the low cost of natural gas to the Thai diesel marketplace," said US Energy CEO Mark Clancy. "We believe our technology offers the Thai consumer an option in the purchase of the GMTH Colorado to enjoy the low cost of natural gas without sacrificing any of the power that makes the diesel engine so popular," concluded Mr. Clancy.
William Botwick, President of GM's Southeast Asia Operations and President of General Motors Thailand, said: "GM has been working closely with the Thai government on a number of alternative fuel initiatives, including CNG conversion technology, so we're proud to be leading the Thai market in equipping our vehicles with CNG conversion capabilities. With the sustained high prices of fuel, this option will make our one-ton Chevrolet Colorado pickup even more popular with Thai consumers, by offering a certified safe and economical fuel conversion system."
About General Motors Thailand (GMTH) - General Motors Thailand is a wholly owned subsidiary of General Motors Corporation, the world's largest automotive company. GM brands include Buick, Cadillac, Chevrolet, GMC, Hummer, Holden, Oldsmobile, Opel, Pontiac, Saturn, Saab and Vauxhall. In addition, GM has equity interests and strategic relationships with GM DAT (42%), Fiat (20%), Isuzu (12%), Subaru (20%) and Suzuki (20%).
About US Energy Initiatives Corporation. (OTCBB:USEI) formed in 1996, manufactures and markets its patent dual-fuel diesel to natural gas conversion technology though the automotive aftermarket and through certain original equipment manufacturers. The Company's primary facility is a state-of-the-art systems development and emission testing lab in Atlanta, Georgia. The Company's current clients include General Motors , http://www.gm.com; United Parcel Service , http://www.ups.com; US Postal Service; Dallas County School System, Portland, Oregon School System; Oklahoma Natural Gas and a host of private purchasers.
