Leo, Mastretta to develop 2012 Mastretta MXT
Leo Motors, a manufacturer and marketer of electric vehicles (EV), has entered into an agreement with Mexican car maker Mastretta Cars to co-develop the electric version of their 2012 Mastretta MXT.
The new 2012 Mastretta MXT will be developed bu using the body and chassis of the Mastretta MXT and Leo's electric power train, electric motor, battery power pack and other electric vehicle (EV) components.
In addition the EV maker has entered into a memorandum of understanding (MOU) with Beverly Hills Exotic Motors in Los Angeles to promote and sell the MXTE once the development is complete.
Deloss Pickett of Beverly Hills Exotic Motors said the combination of Leo Motors' proven technology and Mastretta's design and production capability is a stunning combination that will be the envy of Hollywood and to be sought from around the world while at a reasonable price.
"The MXT is already a wonderful gas powered street legal race car powered by a Turbo Ford-sourced engine," Pickett said.
Leo claims that the MXTE will perform higher speed and longer distance than any other EV's ever developed for the road using MXT's light weight aluminum and carbon fiber body and Leo's high power electric power train and battery management system (BMS).
Leo Motors CEO John Lee said the company has already been developing an electric super car named as LZ-1 since last year and by adding the MXT to its portfolio, Leo will be specialized in the high speed premium EV market.
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