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Hyundai Motor Co., Enova and the State of Hawaii Announce Electric-Vehicle Introduction Program.

Business Editors/Automotive & Environment Writers

HONOLULU--(BUSINESS WIRE)--Nov. 20, 2000

Enova Systems, Torrance, Calif. (OTCBB:ENVA), today announced that it has entered into an agreement with the state of Hawaii and Hyundai Motor Co. to introduce OEM electric vehicles into fleet use in Hawaii.

On Monday, Nov. 20, at 1 p.m., Hawaii Gov. Benjamin J. Cayetano will be hosting representatives from Enova Systems, the High Technology Development Corp. (HTDC) and Hyundai Motor Co. (HMC) at his executive offices at the state Capitol, as they announce their precedent-setting partnership making Hawaii the introductory site in the United States for HMC's newly developed zero-emission Santa Fe Electric SUV.

These vehicles will utilize electric propulsion, charge management and battery thermal management systems developed by Enova, which has operated an electric-vehicle maintenance and service facility in Hawaii since 1994.

"We are pleased that Hyundai has selected Hawaii for the introduction of their new electric vehicle," Gov. Cayetano said. "The state is committed to keeping our clean air free from pollution, and this step for Hyundai shows a great confidence in Hawaii's efforts to make electric vehicles a viable, zero-emission transportation option."

Two years ago, HTDC, through its Hawaii Electric Vehicle Demonstration Project (HEVDP), initiated a program to make Hawaii the first EV-ready state in the country through the installation of rapid- charging stations. The goal of this bold initiative was to show the world Hawaii's commitment by providing the needed infrastructure for consumer acceptance of battery-powered vehicles.

Today's event announces the next big leap forward in the process toward making electric vehicles the standard by adding advanced- technology vehicles from HMC that utilize the charging infrastructure that has been set in place.

Thomas L. Quinn, director of HEVDP, is responsible for bringing together all of the pieces to form this strategic partnership.

"Enova's long working relationship with the state of Hawaii, the people at Hyundai Motor Co. and other key players such as Hawaiian Electric Co. (HECO) has been very exciting and dynamic," said Carl Dean Perry, president of Enova Systems.

"Tom has been, and continues to be, the visionary and facilitator of this project. Without him, Hawaii could not have achieved this landmark of becoming the launching site for such a crucial project with significant global implications."

Hawaii is the ideal test site because of its controlled environment and temperate climate, and the presence of Enova Systems as the "home-base" support facility that will handle all of the maintenance and operations of the test fleet.

The test period will run for two years, starting in June 2001, and utilize a fleet of 15 Hyundai Santa Fe SUVs to be used by four participating sectors on O'ahu-Hickam AFB, HECO, the city and county of Honolulu, and the state of Hawaii. HTDC is the overseer of the entire project.

Hyundai is providing the vehicles, and HECO is providing the charger installations and electricity. Eventually, the charging infrastructure will be available throughout the state.

On a global level, there is now a tremendous market pull that has provided greater impetus to support the creation of alternative transportation and energy systems, which are kinder to the environment and make economical sense. HMC's SUV adds savvy style to the practical equation. Together, these forces combine to make electric vehicles a means of everyday transportation whose time has definitely come.

HEVDP was established in 1993 by HTDC through a federal grant from the Defense Advanced Research Projects Agency (DARPA) and is one of seven regional consortia in the United States developing advanced technology for electric and hybrid-electric vehicles.

This activity continues following a recent transition of the consortia to the Department of Transportation's Advanced Vehicle Technologies Program. Administrative oversight for the state's EV Program is provided by the Department of Business Economic Development and Tourism.

Enova Systems, with headquarters in Torrance and offices in Hawaii and South Korea, is a leading designer, developer and manufacturer of electric, hybrid-electric and fuel-cell propulsion systems and components for the global vehicle market.

The company's technology and products in power conversion, energy management and system integration enable Enova Systems to integrate a wide range of power sources, including advanced batteries, fuel cells and turbine generators, in mobile and stationary power applications.

The company's product lines include the Panther(TM) propulsion systems ranging from 10kW to 120kW, accessory power supplies for electric power steering and air conditioning, DC-DC supplies for low-voltage accessories, and battery management products.

Enova's propulsion systems and components are used in OEM vehicles from Hyundai Motor Co. and are supplied to Ecostar for use in the Ford TH!NK city vehicle. Enova is also developing a new all-electric tram system for the U.S. Department of Transportation for use at Honolulu International Airport in Hawaii.
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Publication:Business Wire
Date:Nov 20, 2000
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