Cobasys Confirms Facility Expansion for Nickel Metal Hydride and Lithium Systems Development
03 4월 2007 - 9:00PM
PR Newswire (US)
Company expanding NiMH capabilities and evaluating several leading
lithium technologies ORION, Mich., April 3 /PRNewswire/ -- Cobasys
today confirmed the latest expansion of its headquarters to
facilitate additional advanced battery system development. Already
acknowledged as one of the world's largest testing facilities for
battery systems, the addition in Orion, Michigan will enable
Cobasys to build upon its leadership position for energy storage
systems integration. The 18,860 square foot addition represents the
company's third expansion since moving into the facility in January
2005. The additional square footage will allow Cobasys to increase
its Nickel Metal Hydride and lithium-based development activities
as it assesses several leading lithium technologies. Cobasys is the
only North American manufacturer supplying NiMH battery systems for
HEV applications. Its NiMHax(R) brand products are becoming
recognized around the world. Cobasys has previously announced
contract awards to supply advanced battery system solutions for
seven major hybrid electric vehicle (HEV) production programs and
one development program. These include providing battery systems
for the Saturn Vue Green Line, Saturn Aura Green Line, the
Chevrolet Malibu hybrid and a contract to develop lithium battery
systems for the new General Motors plug-in hybrid vehicle (PHEV)
development program. "The expansion of our testing center coupled
with our efforts with leading lithium technologies enables
customers to choose from our proven NiMH systems and evaluate a
variety of lithium-ion solutions," stated Thomas S. Neslage,
President and CEO. "The industry has come to view Cobasys as a
world-class integrated energy storage system supplier for fuel
efficient vehicles." "We are uniquely positioned to offer OEMs and
integrators enhanced battery system solutions to power future
generations of HEVs using the chemistry of their choice," said
Scott Lindholm, VP-Sales and Systems Engineering at Cobasys. The
Cobasys headquarters is the center for all of its research, module
development, systems development, prototype build and
administration activities. Completion for expansion is slated for
July 2007. About Cobasys Cobasys designs, manufactures and
integrates advanced energy storage system solutions for
transportation markets, including Hybrid Electric Vehicles (HEV),
Electric Vehicles (EV) and 36/42 Volt applications, and stationary
markets, including Back-Up power supply systems for Uninterruptible
Power Supply (UPS), Telecom and Renewable Energy applications.
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 at 248-620-5700 or visit our website at
http://www.cobasys.com/. DATASOURCE: Cobasys CONTACT: Ray Wagner of
Cobasys, +1-248-620-5700 Web site: http://www.cobasys.com/
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