Enova Systems Delivers Electric Drive Systems to Optare Plc
09 Abril 2012 - 7:05PM
Business Wire
Enova Systems, Inc. (NYSE AMEX: ENA) (AIM: ENV) (AIM: ENVS), a
leading developer of proprietary hybrid electric and all-electric
drive systems and drive system components for the emerging green
commercial vehicle market, is pleased to announce that it has
delivered 4 incremental 120kW drive systems to Optare Plc for
integration into their Solo Electric Bus. Optare has chosen Enova
as the production drive system supplier for their all electric
buses. Optare designs, manufactures and sells single deck and
double deck buses and mini coaches. Its buses operate in the UK,
Continental Europe, and North America.
Mike Staran, Enova President and CEO said, “Despite the industry
downturn, Enova continues to ship product to core and incremental
customers. We will continue this path as well as mature other
initiatives that are intended to improve distribution
channels.”
Additionally, and announced on March 23, 2012, commuters and bus
passengers across England will see more eco-friendly buses on the
roads, congestion reduced and services upgraded, thanks to a new
£101 million package of improvements approved by Local Transport
Minister Norman Baker. Five bus manufacturers will benefit from
orders for their eco-friendly hybrid, electric and gas buses. They
comprise: Volvo, Wrightbus, Optare, MAN and Alexander Dennis
Limited, all of which are based in, or partly in, the UK.
Based on the award-winning Solo low-floor bus, of which over
4,000 are in service worldwide, the Solo EV produces zero tailpipe
emissions. The model is based on a standard 27-seat 8.8 meter Solo,
but the technology can be used on other models in the Optare range
with higher passenger capacities. The Solo EV has been designed to
perform exactly like a standard diesel powered bus, except that it
is smoother, quieter and cleaner. It is completely traffic
compatible, with good acceleration and hill climbing capabilities
and a top speed of up to 90 km/hour. On a full charge it has a
range of around 110-130 kilometers depending on load factors and
topography.
Recently Optare announced that their long term future has been
secured due to a refinancing agreement. The deal involved Ashok
Leyland increasing its holding in Optare to 75.1% allowing Optare
to become fully integrated in Ashok’s ambitious global bus strategy
which seeks to maintain and improve on its top fifth place amongst
the world’s bus makers. Ashok Leyland is the flagship of the
Hinduja Group and a leading Indian commercial vehicle manufacturing
company based in Chennai, selling approximately 94,000 vehicles and
about 17,000 engines annually and is the second largest commercial
vehicle company in India in the medium and heavy commercial vehicle
segment, with a market share of about 25.7% in 2010/2011. Ashok is
a market leader in the Indian bus market selling over 23,000 buses
annually. The sales turnover of Ashok in 2010-11 was US $ 2.5
billion. Ashok has seven plants in India, one in the Czech Republic
and one in the Middle East with a current global capacity of over
150,000 buses and trucks. In 2006 Ashok became the first automobile
company in India to achieve the internationally renowned TS16949
certification.
About Enova:
Enova Systems (http://www.enovasystems.com) 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 our Web sites at
www.enovasystems.com.
Enova Systems Inc. (AMEX:ENA)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Enova Systems Inc. (AMEX:ENA)
Gráfica de Acción Histórica
De May 2023 a May 2024