Principal Solar, Inc. Provides Status Update of eTruck Transportation’s Class 6 EV Conversion Technology
September 23, 2021 at 09:00 am EDT
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Principal Solar, Inc. announced that eTruck Transportation (“eTruck”) is on schedule with the development and planned availability of its class 6 hybrid heavy electric vehicle demonstration vehicles, both of which are planned for the fourth quarter of 2021. eTruck's heavy vehicle EV conversion technology is engineered to enable transportation and logistics companies of all sizes to cost-effectively transition their existing fleets from diesel to high performance hybrid electric fleets without waiting for major truck manufacturers to engineer completely new platforms. eTruck’s proprietary system lowers operational costs, reduces fuel consumption and emissions, thus enabling diesel fleets to transition towards electric power, without sacrificing performance, range, or utility.
Principal Solar, Inc. is a strategic investor in and acquirer of organizations and technologies that support opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties. The Company conducts business through its subsidiaries, providing consulting in the energy sector, licensing, and commercializing energy related intellectual property, and engaging in a selection process and conducting due diligence for future acquisitions. Its subsidiaries include Bayou Road Investments, Inc. (Bayou Road Investments), NexTeal Energy, and E-3 Petroleum. Bayou Road Investments seeks to acquire licenses for patented technology, primarily in the green energy sector, and to subsequently monetize these technologies. NexTeal is focused on heavy electric vehicle (EV) technologies. E-3 Petroleum houses the Companyâs investments and acquisitions in oil and gas properties.
PRINCIPAL SOLAR, INC. 
