EPA Approves AMP Holding Inc. E-GEN(TM) Electric Truck With On-Board Emergency Generator

EPA Approves AMP Holding Inc. E-GEN(TM) Electric Truck With On-Board Emergency
Generator

Typical delivery trucks have only been able to achieve 7.5 mph. E-Gen(TM)
Breakthrough Technology Offers an Estimated 20 mpg equivalent in 14,500 -
19,500 lb. Medium-Duty Delivery Trucks

CINCINNATI, Ohio, Aug. 18, 2014 (GLOBE NEWSWIRE) -- via PRWEB - AMP Holding
Inc., (OTCBB and OTCQB: AMPD, a medium-duty truck OEM, announced today that
the U.S. Environmental Protection Agency (EPA) has approved its WORKHORSE
E-GEN™ electric truck that employs an alternatively-fueled 2.4 liter engine as
an emergency generator to charge the battery pack.

As configured in the E-GEN Truck, the combination of the right-sized battery
pack coupled with the security of an on-board backup generator and a
transmission-less direct-drive system, provides the industry with a
cost-competitive electric truck that also reduces range anxiety typically
associated with electric trucks.

The ultra-efficient E-GEN Truck incorporates a small spark-ignition engine as
an emergency generator that automatically turns on to recharge the battery
pack only if the pack's state of charge falls below a predetermined threshold,
and the drive selector is in PARK.

"We're pleased to be able to offer an innovative product like this," said
Martin Rucidlo, President of AMP Electric Vehicles. "Delivering this unique
solution to the medium duty truck market is a game-changer for fleet operators
interested in reducing the life-cycle costs of their vehicles."

Steve Burns, Chief Executive Officer of AMP, added, "We are very excited to
receive the EPA's approval. Our E-GEN Truck is a breakthrough design,
purpose-built for the package and product delivery market."

Burns explained that the use of the engine enables AMP to produce an electric
vehicle (EV) with a smaller battery pack. The smaller battery pack allows the
company to produce a very competitively-priced EV that yields a positive
return on its incremental cost in as little as three years, while eliminating
operator concerns about range.

"The real benefit to the fleet operator, and perhaps the most exciting element
of this, is that the new powertrain significantly reduces operating costs – an
E-GEN Workhorse truck will deliver the equivalent of 20 mpg compared to the
7.5 mpg operators get now," said Burns.

AMP's E-GEN powertrain will be available in its new W-88 WORKHORSE medium-duty
trucks in 2015.

About AMP Holding Inc.
AMP Holding Inc. is the parent company of AMP Electric Vehicles Inc. and AMP
Trucks, Inc. Amp Electric Vehicles manufactures electric drive systems for
medium-duty, class 3-6 commercial truck platforms. AMP Trucks, Inc., which
purchased the assets of Workhorse Custom Chassis LLC from Navistar in March of
2013, can equip its Workhorse chassis with gasoline, propane, or CNG engines.
For additional information visit http://www.ampelectricvehicles.com

Forward-Looking Statements
Certain statements contained in this press release may constitute
"forward-looking statements". Forward-looking statements provide current
expectations of future events based on certain assumptions and include any
statement that does not directly relate to any historical or current fact.
Actual results may differ materially from those indicated by such
forward-looking statements as a result of various important factors as
disclosed in our filings with the Securities and Exchange Commission located
at their website (http://www.sec.gov). In addition to these factors, actual
future performance, outcomes, and results may differ materially because of
more general factors including (without limitation) general industry and
market conditions and growth rates, economic conditions, and governmental and
public policy changes. The forward-looking statements included in this press
release represent the Company's views as of the date of this press release and
these views could change. However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of the press release.

Contact: Daniel Zito
Director/Business Development
AMP Electric Vehicles, Inc.
513-300-5910
dan.zito@ampelectricvehicles.com

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2014/08/prweb12100882.htm

CONTACT: AMP Holding, Inc.
         Dan Zito
         dan.zito@ampelectricvehicles.com
         513-300-5910
 
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