California-based Clean Energy Fuels Corporation has joined an investment group providing funding to help launch a new, natural gas vehicle made in the U.S. for taxi and paratransit use.
California-based Clean Energy Fuels Corporation has joined an investment group providing funding to help launch a new, natural gas vehicle made in the U.S. for taxi and paratransit use.. Click image to enlarge

Seal Beach, California – California-based Clean Energy Fuels Corporation has joined an investment group providing funding to help launch a new, natural gas vehicle made in the U.S. for taxi and paratransit use. The company has committed US$10 million to the overall US$160 million equity financing, which will be provided to The Vehicle Production Group, the original equipment manufacturer of the multi-purpose vehicle.

“We are making this strategic investment to help bring new, efficient, clean natural gas vehicles to the market in the United States,” said Andrew Littlefair, Clean Energy President and CEO. “Demand for natural gas vehicles is surging, particularly with the high cost of petroleum fuel and the savings to be gained by using natural gas fuel.”

With a focus on accessibility, the new taxi provides seating positions for four passengers and additional space for a wheelchair or scooter. The company expects to begin delivery of the vehicles, in both gasoline- and natural-gas-powered versions, in 2010.

Connect with Autos.ca