Wednesday, 6 August 2008

ZENN Motor’s plans buoyed by certification of EEStor’s technology

ZENN Motor Company’s goal of developing zero emission vehicles including highway capable electric vehicles has received a major fillip with its strategic partner EEStor gaining the third party verified permittivity milestone.

ZENN, which is also an equity investor in EEStor (3.8 percent) with the option of increasing its position upon EEStor’s announcing third-party permittivity test results, is already gearing up for the commercialisation of EEStor's energy storage technology.

The company is targeting the launch of the cityZENN, powered by EEStor, in the fall of 2009.

The cityZENN is planned to be a fully certified, highway capable vehicle with a top speed of 125 kph/ 80 MPH and a range or 400 kilometres/250 miles. Powered by EEStor, the cityZENN will be rechargeable in less than five minutes, feature operating costs 1/10th of a typical internal combustion engine vehicle and be 100 percent emission-free.

ZENN also plans to expand its low-speed product line-up for the 2009 model year with a four-passenger and a utility low-speed vehicle.

The company has exclusive rights to EEStor’s technology in the following markets: All new vehicles up to 1400 kg (curb weight), net of battery weight; All retrofit conversions of existing internal combustion vehicles to electric; All golf carts and small to mid-sized utility vehicles

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