Invensys (London) announced its first set of interim results since being formed in February 1999. The company reported sales of 3.4 billion pounds, up 6.6 percent. Operating profits were up 6.4 percent to 516 million pounds and order intake was up eight percent to 3.6 billion pounds."Our first half year progressed well as we grew […]
DaimlerChrysler (Auburn Hills, MI) recently announced that the first 10 Electric Powered Interurban Commuter (EPIC) minivans have joined the fleet of Xpress Shuttle at Los Angeles World Airport. According to DaimlerChrysler, the five-passenger minivans which are being added to the shuttle company's fleet are each expected to log up to 100,000 miles of service per […]
DaimlerChrysler AG (Berlin, Germany) announced a workforce reduction of 26,000 jobs for its ailing Chrysler unit over the next three years, which failed to restore investor confidence in the group's battered stock. In a statement, the German automaker said it would reduce the workforce at its US unit by 20 percent, through a combination of […]
The United States Advanced Battery Consortium (USABC) announced it has entered into a program with Electrofuel Inc. (Toronto) to determine the feasibility of using Electrofuel's lithium-ion SuperPolymer battery technology in electric vehicles. According to the USABC, preliminary reviews indicate that the Electrofuel lithium ion SuperPolymer battery technology has the potential to meet most of the […]
Zapworld.Com (Sebastopol, CA) recently announced it has reached an agreement to acquire Electric Vehicle Systems Inc. (EVSI, Los Altos, CA). Under terms of the agreement, Zapworld will acquire all technology, assets and shares from EVSI in exchange for 25,000 shares of Zap common stock.This announcement marks the third acquisition Zap announced in December 1999, including […]
International Rectifier Corp. (El Segundo, CA) recently announced it has opened its North American Automotive Sales Office in Novi, MI.The company claims it has been the global leader in automotive power conversion electronics for more than 50 years, in areas such as electric power steering, including optimized power and control requirements; solutions for 14V/42V dual-voltage […]
Zapworld.Com (Sebastopol, CA) recently announced it has reached an agreement to acquire emPower Corp. (Cambridge, MA), an electric scooter company. Under terms of the agreement, Zapworld will acquire all technology, assets, and shares as well as $1.0 million in cash from emPower in exchange for up to 525,000 shares of Zapworld common stock.
Electrosource Inc. (San Marcos, TX) recently launched its new lightweight intelligent battery, the E-POWER. According to Electrosource, the new battery uses patented technology to make the battery 25 percent lighter than competitive products. The company claims the battery is the first intelligent sealed lead-acid battery to include an embedded microchip which continuously monitors the battery […]
Ballard Power Systems (Canada) announced that it has signed an agreement to supply Mark 900 Series fuel cells for 30 buses to...
Solectria Corp. (Wilmington, MA) announced a strategic move in direction toward the research, development and production of components for use in hybrid and electric vehicles, as well as for the distributed generation of electric power. "In 1991, Solectria pioneered the introduction of electric vehicles because we saw the need for them, and because no major […]
The Electric Vehicle Association of the Americas (EVAA, Washington, DC) is hosting the North American Electric Vehicle and Infrastructure Conference and Exposition, NAEVI 1999, November 17-20, in Atlanta, GA. The world's biggest auto companies, as well as some of the most innovative electric vehicle product manufacturers, are set to show a number of new technologies […]
Maxwell Technologies Inc. (San Diego, CA) reported record revenues for its fourth fiscal quarter ended July 31, 1999, of $49.8 million, compared with revenues of $40.0 million for the same period a year ago. The company's fourth quarter was $3.7 million, or $0.38 per share, after giving effect to special charges and credits, compared to […]
Ford Motor Company (Dearborn, MI) claims that it will deliver the first "no compromise" family-oriented HEV, the P2000 LSR, to the Department of Energy (DOE) in early October 1999. According to Ford, they will also become the first automaker to deliver an extremely fuel-efficient mid-sized family sedan under a DOE hybrid contract. The P2000 LSR […]
Advanced Vehicle Systems Inc. (Chattanooga, TN) has manufactured the first electric bus to have ever completed the testing required for buses purchased with federal funds. The 22-foot shuttle bus was for the Chattanooga Area Regional Transportation Authority, which cooperated in the testing project. The federal bus testing is a durability test designed to simulate several […]
Intersil Corporation (Palm Bay, FL) added the 60V and 100V Logic Level N-channel UltraFET MOSFET families to its portfolio of logic level MOSFETs for the automotive market. The 60V family includes 18 discrete devices while the 100V family features six devices. The 60V (HUF764xx) family and 100V (HUF766xx) family of logic level devices are the […]