ONTARIO, CA -- (MARKET WIRE) -- 04/12/07 -- Crash test dummies gave the thumbs up to Phoenix Motorcars after completing their all-electric sport utility truck's (SUT's) initial frontal crash test that continues the federally mandated safety test process.

"The safety test went extremely well and has moved us one step closer to receiving Federal Motor Vehicle Certification," said Daniel J. Elliott, CEO of Phoenix Motorcars Inc. "We have taken several measures to ensure our vehicles meet stringent design, safety and performance requirements."

The all-electric SUT completed front, oblique and offset impact crash tests conducted at Adelanto-based KARCO Engineering on April 10, 2007. KARCO Engineering is an independent test laboratory recognized by the NHTSA to perform passenger safety evaluation testing for Federal Motor Vehicle Safety Standards (FMVSS).

Phoenix Motorcars' all-electric sport utility truck (SUT) can travel at freeway speeds while carrying five passengers and a full payload. The SUT meets all specifications for a Type III Zero-Emission Vehicle, has a driving range of over 100 miles, can be recharged in less than 10 minutes and has a battery pack with a life of 12 years or more.

It is powered by UQM Technologies Inc.'s (AMEX: UQM) propulsion system, utilizes Boshart Engineering's certification expertise and is equipped with a revolutionary Altairnano NanoSafe(TM) (NASDAQ: ALTI) battery pack.

Phoenix Motorcars is targeting operators of public and private fleet vehicles, such as utilities, transportation providers, municipalities and port operators. A limited number of vehicles will be available to consumers in 2007 with an expanded consumer launch scheduled for 2008. Phoenix Motorcars will also introduce an SUV model in late 2007.

ABOUT PHOENIX MOTORCARS INC.

Phoenix Motorcars Inc., a privately held company headquartered in Ontario, Calif., has been an industry leader in the development of battery-electric, freeway-speed vehicles since 2001. The mission of Phoenix Motorcars is to manufacture zero-emission vehicles including Sport Utility Trucks and Sport Utility Vehicles to reduce the toxic emissions from the largest contributor to air pollution, personal automobiles. Phoenix Motorcars has strategic alliances with UQM Technologies, Inc. (AMEX: UQM), Altair Nanotechnologies, Inc. (NASDAQ: ALTI) and Boshart Engineering Inc. For additional information, visit www.phoenixmotorcars.com.

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