FOR IMMEDIATE RELEASE
AMBIENTE MOTORS/REDCLOUD SELECTED TO PARTICIPATE IN PRESTIGIOUS GLOBAL ACCELERATOR PROGRAM, START-UP CHILE WITH $40K GRANT
Selected participants, 100 in total, hail from 36 different nations and comprise the third and final application round of 2011
Ashland, Oregon, USA– December 23, 2011 – Ambiente/REDCloud has been awarded a base-grant for its hybrid/electric agriculture vehicle with REDCloud vehicle Information System. The grant is part of Start-Up Chile program which has selected a 100 high-tech global start-up from more than 570 applicants. Ambiente, which has been working for several months on its new line of hybrid utility vehicles which it plans to launch in 2012, would be the first EV company with operations in Chile
With its vibrant agriculture and wine industries as well as the vast national land reserves, Chile is an ideal market to test Ambiente’s purpose-built and rugged hybrid/electric utility vehicles. Chile is also one of the most advanced countries in Central and South America in environmental policies. With a 40% hydroelectric energy portfolio it is a great early adopter market for EVs. The first EV rapid charging station in Latin America was inaugurated in Santiago in April of 2011. Chile also boasts the biggest production volume of copper and Lithium, which are used as raw materials of EV production.
About Ambiente/REDCloud
Ambiente Motors Inc is a hybrid/electric vehicle technology company based in North America with offices in Brazil. Ambiente designs and engineers hybrid and electric utility vehicles for commercial, agriculture and fleet applications. Ambiente has developed the REDCloud™ vehicle information system which offers monitoring and diagnostics for a multitude of electric vehicle platforms. For more information visit: www.redcloudev.com
About Start-Up Chile
Start-Up Chile is a program created by the Chilean Government, initiated by the Ministry of Economy and executed by Corfo/InnovaChile, that seeks to attract early-stage high potential entrepreneurs to bootstrap their startups using Chile as a platform to go global. In line with the national goal of converting Chile into the innovation and entrepreneurship hub of Latin America, the program plans to bring 1,000 startups to Chile by 2014.
The program, unique in the world, and catalyst of similar initiatives such as Startup America, Britain, and Greece, is the ideal opportunity for bootstrappers to receive funding without ceding equity while utilizing one of the strongest Latin American economies as their launching/development platform. Start-Up Chile has been featured in The Economist, BusinessWeek, TechCrunch, and Forbes, among others.
For more information about the Start-Up Chile experience, please visit www.startupchile.org.
Great news – and best of luck! -
Are you planning to operate in the rural parts of Chile where you can test the vehicle?
Mark, yes we would like to get the vehicles into the remote regions and test both performance and infrastructure.