WASHINGTON, D.C. --– Daniel J. Elliott, CEO of Phoenix Motorcars, met with President George W. Bush last week to discuss the future of alternative fuel and its impact on improving environmental and energy performance. The one-hour meeting included a small group of alternative fuel entrepreneurs and scientists. Phoenix Motorcars is a California-based manufacturing company specializing in all-electric, zero-emission, freeway-speed vehicles. The privately held company currently targets the fleet market with its sport utility truck model. A limited number of the company's sport utility trucks will be available to consumers in 2007 with an expanded consumer launch scheduled for 2008. Phoenix Motorcars will also introduce a sport utility vehicle model in late 2007. According to a report in the Los Angeles Times, Phoenix Motorcars says it has received letters of intent from several government, utility and corporate fleet operators to buy the company's electric trucks. The company is, in fact, expected to announce a deal with Pacific Gas & Electric this week. Following last week's meeting, President Bush had the opportunity to get an up-close look at Phoenix's battery-powered sport utility truck and four other alternative fuel vehicles. "It was a pleasure meeting with the President and having the opportunity to speak on behalf of the electric vehicle industry," said Elliott. "Shifting to alternative fuel is a viable and crucial solution to protect America's economy and ecosystem, which in turn has global implications." President Bush recently proposed a mandatory alternative fuels standard during the State of the Union Address. He asked Congress, scientists, farmers, industry leaders and entrepreneurs to increase the supply of alternative fuels and reduce gasoline usage in the United States by 20 percent in the next 10 years. The "Twenty in Ten" plan will also require the Federal Government to increase its energy efficiency, reduce greenhouse gas emissions and to purchase environmentally sound products.

Originally posted on Fleet Financials