Cobasys Confirms Contracts for Hybrid Electric Vehicle Programs
30 8월 2005 - 6:05AM
PR Newswire (US)
ORION, Mich., Aug. 29 /PRNewswire-FirstCall/ -- In response to
media inquiries, Cobasys announced today that it has received
battery pack purchase orders from customers for upcoming hybrid
electric vehicle (HEV) production programs. These battery systems
will be "plug and play," fully integrated solutions, manufactured
and assembled by Cobasys at its Springboro, Ohio facility.
Production will be scheduled to meet each customer's program
delivery requirements. The company also confirmed that it is in the
advanced stages of hybrid vehicle prototype development and testing
for several transportation and vehicle manufacturing companies
located in North America, Europe and Asia. Thomas S. Neslage,
Cobasys President and CEO stated, "We are very pleased to have been
selected for these ground-breaking hybrid programs and to be
associated with these world class automotive companies. However,
because our customers have not yet announced their program
specifics, we cannot provide any additional details at this time.
More information will be made available after our customers launch
their programs." Cobasys designs and manufactures proprietary
advanced Nickel Metal Hydride (NiMH) battery system solutions for
transportation markets including: HEV, Electric Vehicles (EV) and
42 volt applications, in addition to stationary back-up power
supply systems for Uninterruptible Power Supply systems (UPS),
Telecommunications and Distributed Generation requirements. Cobasys
is a joint venture between Chevron Technology Ventures LLC, a
subsidiary of Chevron Corporation (NYSE:CVX) and Energy Conversion
Devices, Inc. (NASDAQ:ENER). For more information about Cobasys
contact Ray Wagner, Vice President of Marketing and Communications
at 248-620-5700 or visit our website at http://www.cobasys.com/ .
DATASOURCE: Cobasys CONTACT: Ray Wagner, Vice President of
Marketing and Communications of Cobasys, +1-248-620-5700 Web site:
http://www.cobasys.com/
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