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Echo Automotive, the Arizona-based company offering add-on hybrid-electric kits for fleet vehicles, has been forced to shut down. According to an SEC filing on August 6 of this year, the company had defaulted on debts two days prior, and that “… at this time, the Company does not have adequate liquidity to repay any outstanding […]

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Echo Automotive has completed last week the acquisition of Bright Automotive‚Äôs assets. Echo Automotive, Inc. announced April 11 the execution of a voluntary Exchange Agreement with Advanced Technical Asset Holdings (“ATAH”) through issuance and filing of a form 8-K with the Securities and Exchange Commission (“SEC”) regarding this major event. Echo describes itself as a […]

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