Enova Systems Participates in Plug-In 2009 Conference in Long Beach, California
05 August 2009 - 11:15PM
Business Wire
Enova Systems, Inc. (NYSE Alternext: ENA) (AIM: ENV) (AIM:
ENVS), a production company in the emerging alternative energy
industry and a leading developer of proprietary electric, hybrid
and fuel cell digital power management systems, will showcase its
unique technologies at the 2009 Plug-In Conference and Technology
Exhibition at the Long Beach, CA Convention Center on August 10-13.
The conference will highlight the latest technological advances,
market research and policy initiatives shaping the future of
plug-in hybrid and all-electric transportation.
Representatives of Enova’s executive management team and board
of directors will be on hand to present Enova’s hybrid and
all-electric drive technologies for commercial vehicles. Enova will
be updating industry leaders and the media on its recent market
initiatives. A centerpiece of the Enova presentation will be the
Enova Ze, North America’s first all-electric walk in van.
Navistar’s IC School Bus, powered by Enova’s post-transmission
plug-in hybrid drive system, will also be on hand to transport
conference attendees between venues.
The Enova Zē (short for zero-emissions) is a commercialized all
electric step-van drive system, targeted at the delivery and
service vehicle market and is available now for fleet operators to
deploy on existing routes. Engineered specifically for urban
delivery routes and service/maintenance operations, the Enova Zē
plug-in step van drive system travels up to 150 miles per charge
and can reach a top speed of 65 mph. Operating costs are projected
to be $.08- $.10 per mile – significantly less than the average of
$.24-$.48 per mile in a comparable diesel vehicle.
The recent introduction of the all-electric Ze drive system has
captured the attention of some of the largest commercial OEMs and
fleet operators in the world. The US Air Force has been evaluating
the Ze Drive system for more than a year, with positive
results.
Tom Quinn, the director for the Hawaii Center for Advanced
Transportation Technology, recently stated, “The Enova Ze drive
system has performed exceptionally well for the US Air Force. The
support staff at Hickam Air Force Base have relied on the Ze to
deliver outstanding service and quiet performance every day for
more than a year. It certainly has become a valuable addition to
their fleet.”
This unique technology has recently been demonstrated to USPS,
Aramark, Amazon.com, UPS, the US Army, the Department of Energy,
and several other national fleets and vehicle OEMs. The Ze drive
system gives the user the real opportunity to readily deploy
technology that will reduce fuel and maintenance costs by up to
$15,000 annually, while cutting harmful emissions. In many cases,
this technology qualifies for government electrification and
recovery funds.
Enova’s versatile, non invasive and user friendly plug-in
electric drive train systems have already been applied to more than
400 route delivery vehicles on a range of chassis platforms in
Europe and the U.S. during the past three years. As a result of the
expansion of its relationship with Smith Electric Vehicles, Enova’s
120kW all-electric drive systems were recently seen in Smith’s
Newton delivery trucks that were deployed with AT&T, Frito Lay,
Staples, Coca-Cola, Pacific Gas & Electric and Kansas City
Power & Light.
The market for IC Bus’s hybrid electric school buses, featuring
Enova’s post-transmission hybrid technology, continues to develop.
The IC Bus hybrid school bus is cleaner, reducing carbon dioxide
emissions by as much as 40%, nitrogen oxide by up to 20%, and
particulate matter by as much as 30%, as well as improving fuel
economy by up to 130% when using a diesel bus as the baseline. All
of these statistics are the result of Independent third-party
testing.
Recently, Enova and Navistar/IC Bus announced a US Department of
Energy award under the Plug-in Hybrid Electric Vehicle (PHEV)
Technology Acceleration and Deployment Activity program for 60 PHEV
school busses. Additional indications from IC Bus are positive as
they gear up for a sustained market penetration initiative. As
school districts, states, and countries tap into government
electrification and recovery funds, Enova expects the market for
these vehicles to expand rapidly.
Both Enova’s all electric and hybrid drive technology offer
customers the ability to evaluate conversions and retrofits of
current vehicles, to compliment new vehicle usage. The ability to
address existing vehicle fleets allows Enova to penetrate a larger
market, and return an immediate value to the end user. As we see
vehicle service lengths extend due to budget constraints,
converting to electric drives, or retrofitting to a post
transmission hybrid system can provide the user with both a
realistic economic payback over time, as well as with immediate
maintenance and operating savings. Additionally, in retrofitting
existing vehicles with Enova’s unique post-transmission hybrid
drive technology, the operator doesn’t affect any software,
warranty, or certification factors associated with the engine
package.
To schedule a technology walkthrough at the Long Beach Event,
please contact James Badalamenti at 1-310-527-2800 or at
jbadalamenti@enovasystems.com.
About Enova:
Enova Systems Inc. is an international company headquartered in
Torrance, Calif., is the leading developer of electric and hybrid
drive systems for buses and medium-duty vehicles. Enova
(www.enovasystems.com) produces four drive configurations (Pure
Electric, Series Hybrid with Diesel Generator, Pre and Posts
Transmission Parallel; Hybrids) for clients, including Navistar’s
IC Bus Division, Smith Electric Vehicles and the China FAW Group
Corporation. Enova’s drive systems have powered more than 2,500
vehicles since 1980.
Additional Information:
This news release contains forward-looking statements relating
to Enova Systems and its products that are intended to be covered
by the safe harbor for forward-looking statements provided by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that are not historical facts. These
statements can be identified by the use of forward-looking
terminology such as "believe," "expect," "may," "will," "should,''
“could,” "project," "plan,'' "seek," "intend,'' or "anticipate'' or
the negative thereof or comparable terminology and statements about
industry trends and Enova’s future performance, operations and
products. These forward-looking statements are subject to and
qualified by certain risks and uncertainties. These and other risks
and uncertainties are detailed from time to time in Enova Systems’
periodic filings with the Securities and Exchange Commission,
including but not limited to Enova's annual report on Form 10-K for
the year ended December 31, 2008.
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