# EV Business Niches
ALTe LLC Provides Electric Vehicle Fleet Conversion

By Katie Cordrey | Published 2010-08-28 | Autos
Source: Trend Hunter, https://www.trendhunter.com/trends/alte-llc
References: [ev](http://www.ev.com/ev-com-guides/ev-commercial-vehicles/electric-vehicle-fleet-conversion-new-niche-for-the-ev-biz.html) & [altecorporation](http://www.altecorporation.com/index.php)

Michigan-based ALTe LLC is providing plug-in hybrid conversions for fleets of gas-guzzling vehicles. The conversions cost about $30K and have a payback of about 75,000 miles. ALTe LLC suggests that a good time to convert from gas or diesel to hybrid electric is after a vehicle is off warranty, when vehicles usually have enough life left in them to make the investment in conversion worthwhile.

The startup company is pioneering a niche segment of the electric vehicle market with their plug-in powertrain replacement conversions. ALTe LLC expects to be fully operational by the end of 2011.