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For Immediate Release

Phoenix Motorcars Takes SEMA Show by Storm

ONTARIO, Calif. - NOVEMBER 7, 2006 - Phoenix Motorcars, exhibiting their new zero-emission, all-electric, freeway-ready sports utility truck, received substantial media attention at the SEMA show last week. SEMA is the Specialty Equipment Market Association (www.sema.org) show attended by over 200,000 automobile industry buyers.

Phoenix Motorcars introduced a zero-emission, all-electric sport utility truck, which is powered by a revolutionary Altairnano NanoSafe™ battery pack (NASDAQ: ALTI), and the truck targets the fleet vehicle owner market. The Phoenix Motorcars sport utility truck exceeds all specifications for a Type III ZEV, having a driving range of 130 miles; it can be recharged in less than 10 minutes and the battery pack has a life of 12 years or more. Surprisingly, the cost to recharge the battery pack is less than $3.00!!

The Phoenix Motorcars zero-emission, all-electric sport utility truck can cruise on the freeway at up to 95 m.p.h. while carrying 5 passengers and a full payload. The Phoenix Motorcars sport utility truck has a low cost maintenance schedule and will be introduced in early 2007. The Phoenix Motorcars SUV will be introduced in late 2007 with two configurations, having a range of either 130 or 250 miles and a recharging time of less than 10 minutes.

Phoenix Motorcars is receiving a solid market response with over 600 expressions of interest from fleet vehicle owners and great press coverage with over 50 media briefings conducted in the past week, including two press conferences held by the actor and environmental activist Ed Begley, Jr. An excellent media story was a lead article on the Popular Mechanics Web site at: http://www.popularmechanics.com/automotive/new_cars/4201003.html
“The Phoenix Motorcars Sport Utility Trucks and Vehicles astound people because these vehicles are full-sized vehicles which carry five people at freeway speeds, unlike the public perception of an electric vehicle which is a golf cart-sized, low-speed, two-passenger vehicle. There is tremendous pent-up demand for a real zero-emission, all-electric vehicle, and we are well positioned to satisfy this market demand,” comments Phoenix Motorcars’ CEO, Dan Elliott.

Phoenix Motorcars will introduce our Sport Utility Truck for the Fleet Vehicle Market in early 2007 and plans to produce at least 500 zero-emission, all-electric trucks in 2007. The SUV will be introduced in late 2007. Vehicle orders are being taken for the Phoenix SUT now for delivery in early 2007 and for the SUV for delivery in late 2007, at affordable pricing.

ABOUT PHOENIX MOTORCARS INC.
Phoenix Motorcars Inc., 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.

For additional information, visit www.phoenixmotorcars.com.

For additional information, contact:
Jana White
jana@phoenixmotorcars.com
+1.909.987.0815

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