Columbia ParCar announced today that the company had been awarded an order for 192 vehicles by the US government. This follows on the heels of a previous order for the US Army of 799 vehicles. The vehicles for the latest order are destined for U.S. Air Force, Navy and Marine installations, as well as certain FAA installations, Kennedy Space Center and numerous National Parks. The mix of LSVs include a four passenger vehicle for transporting personnel and a utility vehicle that can carry cargo and two passengers. Both orders are required and expected to be fulfilled by March 2010. The Army reports an annual energy savings of $740 for each vehicle compared to a gas powered car. Learn more: AMTOnline.com
Comment: I find two aspects of this order that are significant. First, the speed with which the government has followed up on the previous order I believe is an indication that they are pleased with how well the vehicles fit their needs. Second, that some of the vehicles are headed for other branches of the Armed Forces points to a much greater market potential. The Army originally noted that beyond their initial plan for 4,000 vehicles they could envision ordering another 6,000 vehicles, and 10,000 vehicles each for the Navy and Air Force. This order could be an early sign of those projections coming to fruition, and driving growth in the LSV market for a number of years. – Marc Cesare
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