PHEV conversion company Echo Automotive completes $3M financing, joins CALSTART
Green Car Congress
MAY 27, 2013
This $3,000,000 infusion of working capital will allow us to ramp up our order fulfillment operations and meet the growing demand for EchoDrive kits more quickly. The proceeds will be provided by United Fleet on a tranche basis with monthly installments for nine (9) months starting June 2013. —Dan Kennedy, Echo’s CEO.
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