Investor Fact Sheets for Balqon (BLQN)
The World’s First All-Electric Heavy-Duty Truck
High-potential clean-tech energy play emerging in California
The Ports of Long Beach and Los Angeles are the largest ports in America and the fifth-busiest in the world. The Port of Los Angeles alone accounts for:
• 1.1 million jobs in California
• 3.3 million jobs in the United States
• $89.2 billion in California trade value
• $223 billion in U.S. trade value
• $5.1 billion in state tax revenue
• $21.5 billion in federal tax revenue
Unfortunately, pollution from the short-haul diesel trucks accounts for nearly 5,000 premature deaths annually in nearby communities. Multiply the deaths in Southern California by the number of US cities impacted by high CO2 levels and we have an emergency that few have heard of. It’s easy to see why the EPA is expected to declare carbon dioxide a dangerous pollutant, and elected officials are scrambling to address the issues as rapidly as they can. If you factor in the need to eliminate dependence on foreign oil and the US economy’s dependence on trucking to keep the economy flowing the problem becomes gigantic. (As is the potential reward for the lucky company that has the solution.)
The United States desperately needs solutions to both of these problems and only one company, tiny Balqon Corporation, has the answer. Balqon’s heavy-duty electric short-haul drayage truck — the first of its kind at any port worldwide — can pull a 60,000-pound cargo container at a top speed of 40 mph, and has a range between 30 to 60 miles per battery charge. The battery charger can charge up to four electric trucks simultaneously in four hours and can also provide up to 60 percent of the charge in one hour to meet peak demands during daily operations.
In February 2009, the Port of Los Angeles took delivery of the first of 25 heavy-duty, all-electric trucks ordered from Balqon Corp. following successful testing of a prototype model. Balqon could be especially profitable investment since heavy-duty trucking is relatively over-looked by Wall Street brokers, and electric-powered heavy hauling is thought of as an impossible goal. Mention it to a transportation analyst, and you’ll probably get a blank stare. Balqon’s obscurity looks short-lived, however, given its three short-haul truck models, a multi-million-dollar backlog in orders, and the number of other markets desperate for the trucking solutions only Balqon can provide.
Birth of an transportation giant?
Balqon’s Class 8 model is currently only one test away from Department of Transportation approval. That approval will allow Balqon to move into garbage hauling, street sweeping, short-haul deliveries, and other segments of the heavy-duty trucking market because Balqon trucks:
…have a 90-mile/7-ton capacity
…are as quiet as a Lexus
…have zero emissions
…don’t spin when in idle
…recharge quickly
…costs 75% less to fuel than diesel trucks
…costs 80% less to maintain than diesel rigs
Since Balqon Corporation (BLQN.ob) is the only company producing electric-powered heavy-duty trucks. Consider what its trucks can mean to companies like AT&T, which in March, 2009, announced its $565 million commitment to adding more than 15,000 alternative fuels to its fleet. Now just think what FedEx, UPS, as well as these nation-wide necessities: School transportation, garbage collection, street sweeping, etc. can mean to “tiny” Balqon Corporation. Soon we could be seeing their trucks operating in every city and town in America. Read the full analysis here.
For more information please call Paul DeRiso at 925-465-6088
Disclaimer: This data sheet is for informational purposes only and is not an offer to sell securities or solicitation of offers to purchase securities and should not be construed to be investment advice. Except for estimates and other opinions attributed to sources identified by name or category, which Core Consulting Group, (“Core Consulting Group”) neither adopt nor endorse. The information contained herein has been supplied to Core Consulting Group from publicly available sources that Core Consulting Group believes to be reliable. Forward looking statements contained herein, which involve risks, uncertainties and other factors that may cause actual results to differ significantly from those anticipated in such statements, including those discussed in the Company’s reports filed with SEC. Core Consulting Group has been retained as a consultant in the investor relations field and for related services from January 12-2009 to June 11-2010 and such, Core Consulting Group has been compensated by Balqon, issuing 200,000 shares of rule 144 stock. Core Consulting Group has been retained as a consultant in the investor relations field and for related services from November 18, 2009 threw June 01 2010, and such, Core Consulting Group has been compensated by independent investors, as well as the Company, issuing up to 500,000 shares rule 144 shares. From time to time, Core Consulting Group and its officers and employees may own or acquire securities issued by the Company or may dispose of securities issued by the Company that they hold, which were not paid to Core Consulting Group as compensation. Core Consulting Group acts for its clients and does not provide investment advice. Core Consulting Group is not a registered investment advisor or broker-dealer.