Headquartered in Santa Monica, CA, Ecologic Transportation, Inc., is a holding company with wholly owned subsidiaries all dedicated to environmentally friendly transportation products and services. The company encompasses three separate but integrated operations that address the environment and transportation holistically: Ecologic Car Rentals, Inc., Ecologic Systems, Inc. and Ecologic Products, Inc.. This company has an unbiased approach to green cars and clean fuels by providing a business platform for all emerging environmental transportation technologies.

 

Ecologic Transportation, Inc.’s. primary operation is the car rental division which will focus on an all environmental car rental operation. The two subsidiaries were created to provide an infrastructure and support for Ecologic Car Rentals. Ecologic’s car rental business and systems business will provide distribution channels for certain environmental products and both generate certain internal product requirements in order to be “green” throughout the operation. The business plan calls for the products to be focused on transportation and its ancillary markets. The first product, Ecologic Shine™, is a proprietary waterless car cleaning process that uses biodegradable solutions and creates no contaminating run-off. Ecologic Shine™ is currently being used in five markets in collaboration with a national airport parking chain with plans to roll out to the balance of their locations.

 

The Ecologic Opportunity

U.S. government and the European Union are pushing manufacturers to build fuel-efficient, environmentally friendly “green” vehicles. (KMPG 2009)

 

China plans to spend 300 billion Yuan over the next five years cutting emissions with 80% of the money earmarked for developing hybrid and electric car technology. (South China Morning Post 2.13.10)

 

There are currently 19 hybrid/electric vehicle models available in the U.S. There are 40 projected to be launched by 2011. (J.D. Power & Associates)

 

Corporate America has discovered that social responsibility attracts investment capital as well as customer loyalty, creating a virtuous circle.  Time Magazine 9/21/09