Remy International, Inc., headquartered in Pendleton, Indiana, is a leading global manufacturer, remanufacturer and distributor of light duty starters and alternators and Delco Remy brand heavy-duty systems. Remy International also manufactures and distributes electric propulsion motors designed with leading edge technology and backed by the security of over a billion miles of proven reliability. In business for over 100 years, today Remy International is actively collaborating with companies throughout the world to develop innovations that are transforming the vehicle industry. Recently, Remy was recognized by the United States Department of Energy for its leadership role in the hybrid technologies space and awarded a $60 million grant under the Electric Drive Vehicle Battery and Component Manufacturing Initiative.
This press announcement contains forecasts, projections, expectations, or opportunities regarding Remy that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from anticipated results, including, but not limited to, future financial results and liquidity, development of new products and services, the effect of competitive products or pricing, the effect of commodity and raw material prices, the impact of supply chain cost management initiatives, restructuring risks, customs duty claims, litigation uncertainties and warranty claims, conditions in the automotive industry, foreign currency fluctuations, costs related to re-sourcing and outsourcing products, the effect of economic conditions, and other factors identified in Remy International statements.
About Lightning Motors
Lightning Motorcycles is the brainchild of Richard Hatfield and a group of Silicon Valley engineers dedicated to the belief that world class performance is compatible with clean tech transportation. At Lightning Motorcycles we believe that choosing to ride an electric motorcycle should not be a compromise. We have honed our understanding of vehicle development as lifetime racers. We seek out competition to refine our technology. The Lightning SuperBike is equally suited to track days, weekend rides on your favorite back roads or record runs at Bonneville. Interested investors can contact Richard Hatfield: Richard@lightningmotorcycle.com