TGI Group to Setup R&D Facility for Electric Vehicles New Jersey

TGI Solar Power Group INC., announced that it is planning to set up a Research and Development facility in the state of New Jersey. Initially TGI intends to use this facility to develop conversion kit, converting a car with an internal combustion engine into an electric vehicle.

Our research indicates that almost any vehicle can be converted to electric; things to consider, our research indicates, vehicles have to be light and aerodynamic, in order to maximize distance traveled per battery charge, as well as to have adequate room and load capacity for batteries.

Management also considers facility to be used for service and maintenance of converted vehicles. TGI plans to use knowledge and experience of its partners from evTS to expedite the process of development of conversion kits.

TGI continues to make progress with its manufacturing partners in gearing up for the production of Specialty Electric Vehicles. TGI and its partners are beginning detailed engineering to prepare low cost foreign manufacturing of US designed electric vehicles to serve demand in growing foreign market demand.

TGI and its partner, evTS, previously agreed that evTS will be responsible for engineering and new European vehicle designs, while TGI will be responsible for business development, sales, marketing, financing and local manufacturing requirements. The initial hub for the Joint Venture operation in Europe will be established in Kiev.


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