GOVERNOR LINGLE, MAYOR TAVARES AND PHOENIX MOTORCARS ANNOUNCE INTENT
TO BRING ELECTRIC VEHICLES TO MAUI BY 2009

Electric Vehicle Partnership Supports Hawai'i's Move Toward Energy
Independence

Ontario, Calif. –December 9, 2008 Governor Linda Lingle today
announced a plan to bring all-electric vehicles and an electric
vehicle infrastructure to the island of Maui through a partnership
with Phoenix Motorcars by 2009.

"This public-private partnership to bring electric vehicles to our
state marks another significant development in the Hawai'i Clean
Energy Initiative, as we seek to reduce Hawai'i's dependence on
imported oil," Governor Lingle said. "It is also an important part of
our Administration's five-point economic action plan, which includes
attracting innovative private investments, especially in renewable
energy technology. We appreciate the confidence Phoenix Motorcars has
in the Hawai'i marketplace and the recognition of our ongoing
collaborative efforts to capitalize on Hawai'i's abundant natural
renewable energy resources."

Phoenix Motorcars has signed a memorandum of understanding with Maui
Electric for a test program using Phoenix Motorcars' electric pick-up
trucks in the utility fleet.

"We're very interested in testing electric vehicles from
manufacturers like Phoenix Motorcars to use electricity generated by
renewable resources during off-peak hours, and to determine whether
electric vehicles can efficiently store that power and return it to
the grid when there's high demand," said Ed Reinhardt, president of
Maui Electric.

"This public-private partnership to bring electric vehicles to our
state marks another significant development in the Hawai'i Clean
Energy Initiative, as we seek to reduce Hawai'i's dependence on
imported oil," Governor Lingle said. "It is also an important part of
our Administration's five-point economic action plan, which includes
attracting innovative private investments, especially in renewable
energy technology. We appreciate the confidence Phoenix Motorcars has
in Hawai'i and the recognition of our ongoing collaborative efforts
to capitalize on Hawai'i's abundant natural renewable energy
resources."

Phoenix Motorcars, an American manufacturer of zero emission,
electric vehicles, is collaborating with the state Department of
Business, Economic Development and Tourism (DBEDT), the County of
Maui, Maui Electric Co., AES Solar, and the U.S. Department of
Energy's National Renewable Energy Lab to launch electric vehicle,
charging and energy storage test programs. Phoenix Motorcars is also
collaborating with the Korean Trade Investment Promotion Agency to
identify additional technology partners for these Hawai'i-based
programs. Phoenix Motorcars' first electric vehicle program is
scheduled to launch on Maui during the first quarter of 2009. The
company's mission is to deploy electric vehicle and electric vehicle
infrastructure solutions for the fleet vehicle market.

"We strongly endorse the mission of the State of Hawai'i, Maui
Electric and the County of Maui to reduce Hawai'i's dependence on
imported oil," said Dan Elliott, CEO of Phoenix Motorcars. "We are
deeply honored to play a role in Hawai'i's Clean Energy Initiative."

"This is exciting progress in Maui County's commitment to developing
the use of energy efficient technologies," said Maui County Mayor
Charmaine Tavares. I'm pleased to work with a progressive and
innovative company such as Phoenix Motorcars. Their work to help the
environment is impressive. Phoenix Motorcars' intent to launch on
Maui supports our county's focus to combine renewable energy with
economic opportunities to create positive economic and educational
benefits for our local community."

"Hawai'i is taking a clear leadership position on making electric
vehicles a viable option for drivers in order to reduce our
dependence on foreign oil," said DBEDT Director Theodore E. Liu. "As
we leverage Hawai'i's unique access to sources of renewable energy,
we will create a sustainable and cost efficient model for the
deployment of electric and other alternative fuel vehicles."

Phoenix Motorcars' arrival in Hawai'i furthers the progress of the
Hawai'i Clean Energy Initiative, a partnership formed in January
between the State of Hawai'i and the U.S. Department of Energy which
seeks to meet the state's energy needs from 70 percent clean energy
by 2030. For more information on the Hawai'i Clean Energy Initiative,
visit the Governor's web site at: www.hawaii.gov/gov/energy.

About Phoenix MC, Inc.
Phoenix Motorcars is an Ontario-Calif.-based manufacturer of all-
electric, light-duty trucks and SUVs. The company's mission is to
deploy electric vehicle and electric vehicle infrastructure solutions
for the fleet vehicle market.

Company Information:
Alex Lee
Phoenix Motorcars
alex@...
909-987-0815
Bryon Bliss
Phoenix Motorcars
bryon@...
909-987-0815