Phoenix significantly increases battery supplies

Phoenix has now ordered more than $4,000,000 worth of batteries

Is Phoenix Motorcars serious about producing a fleet of electric vehicles? It seems so, at least judging by its supply orders.

"Altair Nanotechnologies Inc., a leading provider of advanced nanomaterials technology used in energy, life sciences and industrial product applications, today announced it received a new order in the amount of $2,210,000 for its rapid-charge, high-power NanoSafe(TM) 35 KWh battery packs for use in sport utility trucks (SUTs) and sport utility vehicles (SUVs) manufactured by California-based Phoenix Motorcars, Inc."