Press Release
BAT Northeast to Build Electric Vehicles in New York
09/17/96
BAT Subsidiary Coming to Advanced Vehicle Technology Center in Rome, New York to Build Electric VehiclesBURBANK, Calif., Sept. 13 -- A subsidiary of B.A.T. International, (OTC: BAAT), BAT Northeast will be establishing in initial production site at the Advanced Vehicle Technology Center at Griffiss Business & Technology Park in Rome, NY. BAT recently spun off numerous subsidiary companies to pursue development of cutting-edge electric transportation technologies including electric vehicles (EVs), hybrid-electric vehicles (HEV's), super-efficient engines, electric bicycles & mini-cars. BAT's Northeast subsidiary is planning to introduce to Northeast markets these advanced transportation technologies while simultaneously forging strategic partnerships to accelerate product introduction to fleets & consumers. Several battery technologies developed by BAT are very well suited for colder Northeast climates. The Advanced Vehicle Technology Center (AVTC) has been established to bring together advanced transportation technology companies and to make New York the center of transportation solutions for the future. This will ease New York's dependence on foreign oil, clean the air, reduce street noise and provide a new industrial base for job growth. Governor Pataki has introduced a $1.75 billion bond fund that will be voted on in November that includes $75 million dollars for alternative fuel vehicle economic development programs. BAT has been working closely with Congressman Boehlert's office and numerous other Northeast auto, air quality and environmental interests. This collaboration has resulted in various activities at the AVTC including setting up an international advanced high performance cold climate battery consortium. BAT Northeast (BATNE) will initially be leasing space at the AVTC to convert 5 U.S. Postal Service (USPS) vehicles to electric power. Plans are also underway to convert other fleets to electric power, including a courier van demonstration program, additional USPS vehicles in the Northeast and various state and municipal fleet vehicles. Other projects on the horizon include hybrid electric vehicles and buses and various technologies for export markets. BATNE also plans to work closely with AVTC to develop and test cold climate batteries and integrate advanced batteries in cutting edge EV's & HEVs. BATNE is investigating possible sites for a large production facility at AVTC or other locations in New York State or in the Northeast. BATNE has appointed Dwight Kearns, Chairman of the Board for BATNE. Kearns will add a strong management and fiscal backbone to the subsidiary as a result of an extensive work history as a leader in public pensions and finance via his experience as Executive Director of the New York City Board of Education Retirement System. Mr. Kearns plans to move aggressively in bringing together a strong management team and securing contracts for demonstrating advanced EVs, batteries & other technologies.