Government subsidized Carl Moyer Program leads to increased revenue for Greenkraft

SANTA ANA, Calif., Feb. 07, 2018 (GLOBE NEWSWIRE) -- Greenkraft, Inc. GKIT, a nationally recognized player in the alternative fuel engine and truck market, is pleased to announce that several fleet operators will be applying for the California Carl Moyer Program funding to replace their existing vehicles with Greenkraft vehicles. 

Fleet operators that operate delivery trucks, towing trucks, and several other vocational trucks are applying for funding to replace their 2009 and older trucks.  The program is the Carl Moyer Program: On Road Heavy Duty Voucher Incentive program (VIP) that offers incentives from $10,000 to $60,000 per new truck depending on the class.   The VIP is implemented by SCAQMD and will be opening in March 2018.   Greenkraft offers trucks from class 4 to 7 and Greenkraft can provide trucks to these fleet operators. The program will help Greenkraft obtain more clients and ultimately more revenue for 2018

Greenkraft, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing their clearly defined expansion plan that will allow GKIT to become the #1 source for alternative fuel trucks in North America. 

About Greenkraft, Inc. GKIT:

Greenkraft, Inc., a profitable, revenue generating publicly traded company, is a major manufacturer of alternative fuel automotive products. Greenkraft, Inc. was created to introduce clean, green, efficient, automotive products that run on alternative fuels. GKIT offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. GKIT's commercial trucks are powered by alternative fuels such CNG and LPG from Classes 4 to 7.  Greenkraft, Inc. designs, develops, and manufactures compressed natural gas and propane gas trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.greenkraftinc.com. 

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Greenkraft, Inc.
info@greenkraftinc.com