Press Release Source: BAF Technologies, Inc. On Monday March 7, 2011, 7:00 am EST
DALLAS--(BUSINESS WIRE)-- BAF Technologies, Inc., a subsidiary of Clean Energy Fuels Corp. (Nasdaq:CLNE - News), has expanded its CNG product line to include Ford vehicles equipped with the BAF proprietary bi-fuel compressed natural gas (CNG) system.
Set for availability in May 2011, the new BAF offering includes bi-fuel Ford E-250/350 vans and F-250/350 pick-up trucks. BAF is the first CNG vehicle upfitter in the United States to be named a Ford Qualified Vehicle Modifier (NYSEARCA:QVM) for gaseous fuels.
“The ability to offer Ford QVM bi-fuel vehicles to the marketplace is a huge step forward,” said John Bacon, President, BAF Technologies. “Not only will our new BAF bi-fuel models provide commercial and municipal fleets with increased flexibility in deploying their vehicles, they will move us another step closer to getting CNG vehicles into the hands of consumers as the fueling infrastructure continues to develop.”
Crash-tested in accordance with official Federal Motor Vehicle Standards, the new BAF E-250/350 bi-fuel CNG vans have a standard fuel capacity of 10 gasoline gallon equivalents (NYSE:GGE). The F-250/350 bi-fuel CNG pickup trucks will be available in both 10 GGE and 20 GGE packages.
BAF Technologies is the leading provider of natural gas vehicle systems and conversions in the United States and supports clients with alternative fuel systems. Founded in 1992 and headquartered in Dallas, Texas, BAF was acquired by Clean Energy in October 2009. BAF’s alternative fuel vehicle up-fitting capabilities include aftermarket compressed natural gas (CNG) conversions of Ford-manufactured vans, cutaway shuttles, taxis, pick-ups and light-duty trucks. www.BAFtechnologies.com
Clean Energy is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle market. It has operations in CNG and LNG vehicle fueling, construction and operation of CNG and LNG fueling stations, biomethane production, vehicle conversion and compressor technology. www.cleanenergyfuels.com
Forward-Looking Statements — This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including the timing of the availability of and the demand for bi-fuel Ford E-250/350 vans and F-250/350 pick-up trucks. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of unanticipated delays in the production of the bi-fuel CNG systems and the performance and price of bi-fuel CNG vehicles relative to gasoline and diesel vehicles. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.