American Power Group Signs Class 8 Dual Fuel Marketing Agreement with Nat G(R) CNG Solutions, LLC

Increase Market Awareness of APG's Next Generation of Low Carbon Dual Fuel Solutions

ALGONA, IA / ACCESSWIRE / June 7, 2023 / American Power Group Corporation ("APG") (OTC PINK:APGI) announced today they have signed a collaborative Vehicular Dealer/Installer Agreement with Nat G^® CNG Solutions, LLC (Nat G^®) to market and service APG's next generation of low carbon V6000 Dual Fuel diesel engine conversion solutions for existing heavy-duty Class 8 trucks.

Foto: Accesswire

Headquartered in Houston, Texas, Nat G^® is a leading provider of alterative fuel systems serving public and private fleet operators with a wide range of vehicle sizes ranging from light-duty carpool vehicles to long-haul Class 8 tractors. Their Houston CNG/RNG and Propane Conversion Center is fully licensed by the Texas Railroad Commission and is a Ford Factory Qualified Vehicle Modifier (Ford QVM Installer) with CNG/RNG and Propane Certified Technicians. Regarding natural gas fueling tanks, Nat G^® is a Hexagon Agility Approved Service Provider (ASP) and a CSA Group qualified natural gas cylinder inspector. Nat G^® also has experience building and servicing natural gas refueling facilities. Their primary service coverage area includes Texas, Oklahoma, New Mexico and Louisiana.

Chuck Coppa, APG's CEO/CFO stated, "We look forward to working with Nat G^® to advance adoption of APG's V6000Dual Fuel Technology in a key alternative fuel region of the United States. Texas is an anchor state in the region with 25 different Interstate Highway routes and ranked as the #1 state in the U.S. with over 3,500 interstate miles to support Class 8 transportation. The heavy-haul industry requirements in the region are a perfect match for APG's V6000 Dual Fuel Solutions that can displace 50%-60% of diesel with lower cost and cleaner burning natural gas fuel without any loss of power or torque."

Mr. Coppa, added, "The four-state coverage area listed for Nat G^® also has some of the most favorable diesel to natural gas price spreads which generate the highest net alternative fuel savings in the U.S. A recent late-May fuel survey of Fast-Fill CNG and Diesel interstate truck stops located in Texas, Oklahoma and New Mexico show that operating APG's Dual Fuel System at interstate highway diesel displacement rates of 55%-60% would generate estimated net fuel savings of 11% to 17% over 100% diesel usage. Additionally, 58% of the truck stops surveyed were selling a B20 biodiesel blend that further reduces the dual fuel carbon footprint for Class 8 trucking. This is a ‘win-win' for both fleet economics and helping to meet the industry's Environmental, Social and Governance (ESG) sustainability objectives."