Enova Announces Development of ACUMEN System
24 Mai 2012 - 12:22PM
RNS Non-Regulatory
TIDMENV
Enova Systems, Inc.
24 May 2012
Enova Systems, Inc.
("Enova" or the "Company")
Enova Announces Development of ACUMEN(TM) System
System designed to interface with all Worldwide EV and HEV
technologies, including Natural Gas
Enova (NYSE AMEX: ENA and AIM: ENV and ENVS), a leading
developer of proprietary hybrid electric and all-electric drive
systems and drive system components for the emerging green
commercial vehicle market, announced today it has begun development
of its next generation system, code named ACUMEN(TM) . With the
completion of its OMNI(TM) drive system, the company is now looking
to further optimize its ability to interface with all worldwide EV
and HEV systems, including those powered by natural gas.
Enova previously announced its new OMNI(TM) drive system which
combines the 170kW OMNI(TM) Inverter with a new 10kW OMNI(TM)
Charger with an entire range of AC Induction and Permanent Magnet
motors. The OMNI(TM) , now available, is expected to be a leading
technology for the industry for years to come.
While OMNI(TM) was developed in house, with the ACUMEN(TM)
system, Enova looks to evaluate and utilize technologies that are
emerging worldwide. The company is actively searching for the
latest technologies to maintain OEM proven leadership and offer
competitive advantages that make real business sense for vehicle
manufacturers and fleet operators alike. The ACUMEN(TM) components
are intended to feature a significantly smaller package, improved
efficiencies and reduced weight, while achieving close to double
the power density of older generation designs and competitors
products. The new ACUMEN(TM) -Series system will be power-source
agnostic, including natural gas, and will offer increased
application flexibility and ease of integration. With all digital
control and plug-and-play connectivity, Enova intends to design
ACUMEN(TM) to be compatible with all vehicle drive systems and
motors so that it can be configured for HEV, PHEV and EV
applications.
As a result of Enova's initiative to develop ACUMEN(TM) using
the industry's most advanced technologies, the company recently
hosted EV France (www.ubifrance.com), a consortium of top French
automotive manufacturers including Renault, Peugeot ad Volvo Truck,
suppliers, clusters and research laboratories working in the field
of hybrid and hybrid electric vehicles, advanced batteries and
infrastructure support. Enova met with EV France representatives at
its headquarters in Torrance, California to forge research,
commercial and partnership opportunities. The group was able to
view Enova's technology as well as participate in an on-site ride
and drive of Enova's range of drive systems, including the new
OMNI(TM) drive system. France has the second largest auto market in
the EU with over 2.2 Million cars sold in 2011. More EVs were sold
in France in 2011 than in any other country in Europe. Germany has
the largest automotive market in Europe and after France, the
second largest EV market. Enova has also met with a similar group
from Germany and will continue to mature these opportunities in its
expansion into the European technologies and markets. In the UK,
the third largest EU EV market, Enova already supplies both Smith
Electric Vehicles as well as Optare, who just announced the launch
of the Solo SR EV's trials in Poundbury.
http://www.optare.com/pr_18_05_12.htm
It is believed by Enova that recent reluctance in the industry
to deploy large volumes of EVs validates the need for groups to
compliment each other's technologies to drive the industry. Mike
Staran, Enova's President and CEO said "The industry is at a
position where we are trying to get enough critical mass to move
forward, yet there remains extreme caution and a lack of urgency in
regards to larger volume EV deployments. Enova's aggressive
approach towards forging worldwide partnerships should further
strengthen our ability to control distribution channels and move
past the caution that currently exists."
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, medium 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, gas and fuel cell powered vehicles in
both the "new" and "retrofit" vehicle sales market. For further
information, please contact Enova Systems directly, or visit its
Web site at http://www.enovasystems.com.
ENOVA SYSTEMS, Inc. 1560 West 190th Street Torrance, CA 90501
Tel: 310-527-2800 Contact: John Micek, CFO/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 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, 2011 and Form 10-Q for the quarterly
period ending March 31, 2012.
For further information please contact:
Enova Systems, Inc.
Mike Staran, President & Chief Executive Officer
John Micek, Chief Financial Officer
Tel: + 1 310 527 2800
Daniel Stewart & Company plc
(Nominated Adviser & Broker)
Paul Shackleton/Jamie Barklem
Tel: + 44 (0) 207 776 6550
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRALLFIIESISFIF
Enova (LSE:ENV)
Graphique Historique de l'Action
De Août 2024 à Sept 2024
Enova (LSE:ENV)
Graphique Historique de l'Action
De Sept 2023 à Sept 2024