DENVER, June 29, 2020 — Echo3, the electric automobile company, is bringing electric vehicles to the masses much in the way Henry Ford’s Model T did from 1908 to 1927.
The First Model T became available in October 1908. The Model T is the 3rd most selling automobile of all time selling 16.5 million automobiles primarily for two reasons, affordability, and new technology. The Model T touring sedan cost $825 in 1908 or about $22,991.85.
The $825 price tag made the Model T within reach of middle class Americans. The turn of the century saw the country fascinated with new technology and the Model T brought the technology coast to coast.
Fast forward to 2020 and Denver-based Echo3 Energy is responding to the need for clean, convenient, efficient and affordable electric transportation for the masses. Prices range from $6,995 to $8,800, or ($255 to $320 of 1908 dollars) the Echo3 makes electric automobiles available for bigger segment of the market than the Model T. More than double the market of the Model T.
With a 3,000 watt electric motor, three wheels and compact size, the Echo3 makes a bold statement in the forward-moving world of environmentally friendly and cost-efficient transportation. “What we are seeing in the market is most automotive manufacturers who are making 100% electric vehicles is everyone is aiming their offerings for luxury vehicles. At Echo3, we saw a huge need for those who can’t afford a $50,000 electric automobile,” said Rex Halbeisen, President of Echo3.
“Under development for several years, our team set out to bring to the world extremely efficient electric vehicles,” said Jeremiah Buck, Founder and Director of Product Development of Echo3. “The Echo3 is ‘Efficient, Electric, Energy’ puts electric vehicles within reach of so many people. This is how the Echo3 name originated: three Es echoing together.”
Research shows the average daily commute is 16 miles one way. 78.5% of a person’s trips are within 3 miles of their residence. With up to a 55-mile range, the Echo3 becomes is a great solution for their primary vehicle, not a replacement. With a top speed of 35 mph, (which meets all inner city speed limits), Echo3 is great short trip transportation. The Echo3 has space for three adults, fully charges in 4 hours with a standard three prong 110v household extension cord. You will also find many features of a full size vehicle, such as a sun roof, Bluetooth stereo and reverse camera and more.
“Americans need to rethink short trip transportation. The Echo3 is nearly ten times less to operate than a standard sedan,” says Mr. Halbeisen.
The Echo3 is ideal for anyone with short trip needs from college students, urban dwellers, small-town residents, downsizing seniors, and the environmentally conscious.
Echo3 Energy is a subsidiary of Tread Global, Inc., a product safety-testing and development company based in Denver, Colorado, founded by Jeremiah Buck in 2010.