AMP, the EV company best know for it’s Pontiac Solstice/Saturn Sky conversions, is moving on up in the world… up in size that is. The company has just announced that it will be converting the mid-size Chevy Equinox crossovers to fully electric cars with a 150 mile range, a 0-60 mph time of 8 seconds, and a top speed of 90 mph.

Using a car that still exists for an EV conversion sure seems like a better bet to me.

The “AMP’d” Equinoxes will be equipped with 37 kWh lithium-ion battery packs and will have the same dual Remy electric motors that are used in GM’s two-mode hybrid system. AMP has taken those motors and arranged them so that there is no transmission or differential and are back to back on the rear axle with each driving one of the two rear wheels. AMP claims that this configuration is the most efficient drivetrain on the market.

AMP CEO Steve Burns says that the Remy motors are very light, very powerful and very inexpensive… but with an estimated street just below $50,000 after government incentives, the car will still be out of the price range of the vast majority of consumers, although AMP thinks this price makes the car “quite affordable.” Get real. AMP says they view themselves as direct competitors with the Nissan LEAF, but I don’t see how that could possibly be true given that the LEAF has a 100 mile range and will cost somewhere in the realm of $25,000.

Sure the AMP’d Equinox is great technology and functionality wrapped up into an American-sized package, but unless they can bring the price down it will remain a niche toy for the wealthy (no offense wealthy, I appreciate what you do for our economy and for bringing new technology to market).

I’ll be sure to bring you more information after AMP’s full unveiling at next month’s New York Auto Show.

Read the full press release on the next page.