1. AC Propulsion and Yulon Group Sign EV Agreement

AC Propulsion has entered into an electric vehicle development agreement with Yulon Group. AC Propulsion designs and manufactures propulsion systems for electric and hybrid automobiles, licenses technology, and sells hardware to automakers worldwide.

Yulon Group, founded 1951 in Taiwan, is a leader in automotive information technology and operates internationally.

19/10/2008 | 768 Hits | Print | Email

2. Altairnano Receives $540,000 Order for HEV Battery Packs

Altair Nanotechnologies, a provider of materials and products for power and energy systems, announced it received an initial $540,000 order for four hybrid electric vehicle (HEV) demonstration battery packs from DesignLine International.

The HEV battery packs will be utilized in buses for three city transit customers, and one HEV battery pack will be used for a modular testing program.

19/10/2008 | 668 Hits | Print | Email

3. Axeon to Supply 1000 Lithium-Ion Battery Packs to Allied Vehicles

Axeon Holdings, Europe’s largest independent lithium-ion battery system supplier, is pleased to announce a major agreement worth a minimum of £17.3 million from Allied Vehicles Ltd. Axeon has agreed a contract to supply a minimum of 1000 lithium-ion battery packs to Glasgow based Allied Vehicles, to power a range of zero-emission vehicles.

Allied are building on their strong relationship with Peugeot to provide a 3.5 tonne rated delivery vehicle based on the Peugeot Boxer, while the Peugeot Expert body shell provides options for a 3 tonne rated delivery vehicle, 8 seat minibus, and a taxi. Allied are also developing an all electric 16 seat low floor city bus.

17/05/2008 | 1312 Hits | Print | Email

4. Angeleno Group Leads $15 Million Investment in Miles Electric Vehicles

Miles Electric Vehicles announced a $15,000,000 investment round led by the Los Angeles based private equity fund, Angeleno Group, with participation from existing investors.

Funds will be used to advance the development of the all electric MILES XS500 highway speed sedan, which is powered by an advanced technology lithium-ion powertrain, and to expand its leadership in the low speed electric vehicle market.

26/02/2008 | 858 Hits | Print | Email

5. Altairnano Signs $2.5 Million Contract for Development of Nano-Lithium Titanate Battery Technology

Altair Nanotechnologies announced the signing of a $2.5 million contract with the United States Navy for the development of battery backup power systems in Naval applications.

Under the terms of the contract, Altair will develop an optimized battery cell employing its nano-sized lithium titanate (n-LTO) electrode materials and then demonstrate the performance and safety attributes of the cell.

05/02/2008 | 1265 Hits | Print | Email