Enova Confirms Production Order from Tanfield's Smith Electric Vehicles.Delivery of 90 and 120kW systems to Tanfield has begun TORRANCE, Calif. -- Enova Systems (AMEX AMEX See: American Stock Exchange :ENA ENA Ecole Nationale d'Administration (French) ENA Emergency Nurses Association ENA Energy Networks Association (Australia) ENA Ethiopian News Agency ENA Energetic Neutral Atom )(AIM:ENV ENV Environment ENV Envelope ENV Environmental Science ENV Emissions Neutral Vehicle ENV École Nationale Vétérinaire (French) ENV Estimated Net Value ENV European Norm Voluntary )(AIM:ENVS), an early stage production company in an emerging industry and a leading developer of electric, hybrid and fuel cell digital power management systems, confirmed that it has received and begun delivering a production order for 300 systems from Smith Electric Vehicles, a division of The Tanfield Group Company overview The Tanfield Group, formerly Comeleon, has changed its main focus from automotive components and imaging equipment to electric vehicle manufacturing and specialist engineering. Plc (TAN). Enova has worked in partnership with Tanfield for almost a year now, developing high performance electric drive train components for Smith Electric Vehicles' zero emission Zero emission refers to an engine, motor, or other energy source, that emits no waste products that pollutes the environment or disrupts the climate. Zero emission engines electric vans and trucks. Under the production agreement, Enova will supply 90kW and 120kW electric drive units to Tanfield. The order is scheduled for delivery throughout the remainder of 2007, as Smith Electric Vehicles continues to secure orders with major fleet owners in the UK and Europe and continue to penetrate the growing international market for commercial electric vehicles. Mike Staran, Enova's Executive Vice President said: "Smith Electric Vehicles is one of the world's leading developers and manufacturers of road-going commercial electric vehicles. Choosing Enova as a key supplier really emphasises our belief that Enova is a world leader in electric drive train technology. We look forward to working closely with Tanfield in this fast-growing market." Darren Kell, Chief Executive of The Tanfield Group Plc, parent company of Smith Electric Vehicles, said: "Enova has worked hard with Tanfield to develop the most efficient drive components possible for our Smith Electric Vehicles vans and trucks. The Enova units will be a key drive line component in the first fleets of new-technology electric vehicles from Smith. "Tanfield's work with Enova is in line with our strategy to develop and incorporate best-of-breed technology throughout our product portfolio." Smith Electric Vehicles, based in Tyne & Wear, United Kingdom,(http://www.smithelectricvehicles.com) is both the world's oldest electric vehicle manufacturer and the world's largest producer of road-going commercial electric vehicles. Established in 1920, it has been a market leader for more than seven decades. Smith vehicles are used for a wide range of industrial and commercial applications including urban delivery, healthcare, airport and municipal services This article or section deals primarily with the United Kingdom and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . It has a worldwide customer base of more than 500 clients, including major supermarkets and global logistics companies. A typical Smith Electric vehicle can achieve ranges of over 100 miles between battery charges and speeds of 50 mph. Because they are zero emission, Smith Electric Vehicles are exempt from the London Congestion Charge The London congestion charge is a fee for some motorists entering the Central London area. As of 2006 it is the largest city to have adopted a congestion charge model. The organisation responsible for the charge is Transport for London (TfL), with Capita Group operating the scheme and also qualify for free parking in parts of central London The term Central London refers to the districts of London which are considered closest to the centre. There is no such conventional definition, nor any official one, for the entire area that can be called "central London". . They also qualify for other tax breaks and costly license exemptions. About Enova: Enova Systems (http://www.enovasystems.com) is a leading supplier of efficient, environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] 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 '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 Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or 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. ENOVA SYSTEMS, Inc. 19850 South Magellan Drive Torrance, CA 90502 310-527-2800 Contact: Mike Staran, Executive Vice President/Investor Relations 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements provided by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2006. |
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