The principles of Renewable Electronics Transportation International have over 20 years of practical experience in designing, prototyping and testing alternative vehicles and transportation systems. Our primary goal for 2006-2007 is to produce and bring to market our quick-change battery system in conjunction with our one passenger 3 wheel electric stand-up scooter and electric bicycle. We believe these vehicles in combination with our quick-change battery system will have the greatest beneficial impact for the planet.

As interest in light weight composite electric and hybrid vehicles increases due to increasing oil prices and turmoil in oil producing regions, we are also pursuing licensing partnerships with organizations who would like to use our existing composite vehicle designs to produce and market composite passenger vehicles as complete vehicles or in kit form. The Suntera composite body design would be a very suitable platform in developing a vehicle to enter the upcoming Automotive X Prize competition for the first car to break 100 miles per gallons, with a tentative prize in the $25-million range. Starting with our designs would significantly reduce the cost and time to develop a light weight composite vehicle platform. We will discuss any serious proposal.