Frost & Sullivan: EU and NA Electric Buses, Vans and Trucks Market - Depot Based Delivery Vehicles Expected to Account for 70 Per Cent of Overall Electrification Share

Frost & Sullivan to Host Analyst Briefing on Electric Commercial Vehicles (e-cvs) on Wednesday, 31 March, 2010 at 3:00pm BST

LONDON, March 22, 2010 - Interest in electric commercial vehicles (e-cv) is driven by fuel costs
and concerns about emissions. Depot based delivery vehicles are ideal
candidates for electrification as they operate on limited range with frequent
stop-and-go routes. The availability of incentives at both local and national
levels is driving the adoption of e-cv. Light vans and trucks are the main
electric vehicles available today, however, as battery technology improves,
we will see increased adoption of electric vehicles across light medium and
heavy commercial vehicle sectors.

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To provide unique insights into the e-cv market, the Automotive &
Transportation Group at Frost & Sullivan (www.transportation.frost.com)
is pleased to announce that it will be hosting an online analyst briefing
presentation on Wednesday, 31 March, 2010 at 3:00 pm BST.

Highlights of the briefing include information on market players,
opportunity analysis, and projected future market growth, incentives and
challenges.

By discussing emerging trends and providing forward projections for the
European and North American Electric Commercial Vehicles market, this
briefing will benefit commercial vehicle manufacturers, battery outfitters,
and fleet owners.

"On an optimistic note, Frost & Sullivan analysis shows that close to 4
per cent of the total commercial vehicles sold by 2015 will be electric. Vans
and light trucks offer the maximum electrification potential in both US and
Europe," says Vishnu Muralidharan, Senior Research Analyst at Frost &
Sullivan's Automotive Practice.

To participate in this briefing, please email Monika Kwiecinska at
monika.kwiecinska@frost.com with: your full name, company name, title,
telephone number, e-mail, address, city, state and country and a registration
link will be e-mailed to you. You may also register to receive a recorded
version of the briefing at anytime by submitting the aforementioned contact
details.

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    Contact:
    Monika Kwiecinska
    Corporate Communications
    T: +48-(0)-22-390-4127
    F: +48-(0)-22-390-4160
    E: monika.kwiecinska@frost.com
    www.frost.com

Monika Kwiecinska, Corporate Communications of Frost & Sullivan, +48-(0)-22-390-4127, fax, +48-(0)-22-390-4160, monika.kwiecinska at frost.com