Enova Congratulates FCCC's Unveiling of Production Ready EV at HTUF Conference
29 September 2010 - 11:00PM
Business Wire
Enova Systems, Inc. (NYSE AMEX: ENA) (AIM: ENV) (AIM: ENVS), a
leading innovator of proprietary hybrid and electric drive systems
propelling the alternative energy industry, is pleased to
congratulate OEM partner, Freightliner Custom Chassis Corporation
(FCCC), on the unveiling of their Enova-powered all-electric
walk-in van (WIV) at today’s 2010 Hybrid Truck Users Forum
(HTUF).
Enova-powered EV-MT from FCCC and Morgan
Olson (Photo: Business Wire)
FCCC, displaying a unique new aerodynamic body from Morgan
Olson, impressed the conference audience with the vehicle. Further
to the introduction, FCCC cites an industry-leading 3-4 year
payback. FCCC makes 80% of all chassis in this attractive segment
that is occupied by the likes of UPS, Federal Express, and other
major national fleet operators.
The MT-EV all-electric chassis utilizes Enova Systems’ 120kW
all-electric drive system technology. Powered by Tesla Motors’
lithium-ion batteries, the chassis is 100 percent electric,
including its HVAC system, making it the only fully featured WIV
chassis in the industry to be completely electrically powered. FCCC
is the first company within the industry to utilize Tesla batteries
for commercial applications.
"FCCC is clearly in a position to guide this segment to EV
technology. We look forward to partnering with them as they rapidly
move to production,” said Enova CEO and President Mike Staran.
Freightliner Custom Chassis Corporation manufactures premium
chassis for the motorhome, delivery walk-in van, and school bus and
shuttle bus markets. Freightliner Custom Chassis Corporation is a
subsidiary of Daimler Trucks North America LLC, a Daimler
company.
Morgan Olson, LLC builds walk-in van bodies, parcel van bodies,
and dry freight van bodies for the package delivery, baking,
textile rental and industrial service markets. Morgan Olson is a
subsidiary of J.B. Poindexter & Company, a Houston-based
holding company.
About Enova:
Enova Systems (NYSE AMEX:ENA) (AIM: ENV) (AIM: ENVS) is a
leading supplier of efficient, environmentally friendly digital
power components and systems products. The Company’s core
competencies are focused on the development and commercialization
of power management and conversion systems for mobile applications.
Enova applies unique ‘enabling technologies’ in the areas of
alternative energy propulsion systems for light and heavy-duty
vehicles as well as power conditioning and management systems for
distributed generation systems. The Company develops, designs and
produces non-invasive drive systems and related components for
electric, hybrid-electric, and fuel cell powered vehicles in both
the “new” and “retrofit” vehicle sales market. For further
information, contact Enova Systems directly, or visit its Web site
at http://www.enovasystems.com.
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, 2009.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6447024&lang=en
Enova Systems Inc. (AMEX:ENA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Enova Systems Inc. (AMEX:ENA)
Historical Stock Chart
From Jul 2023 to Jul 2024