Enova Share Discussion Threads

[m.t.glass] 05/6/2008 18:42

Yes, I noted that too - that Tanfield wording sounded like they were doing more themselves now.

[bearraider] 05/6/2008 15:24

MTG

Just to stop you talking to yourself thought i'd post here as well

That IC contract worth upto $120m looks big! Hope Enova has the ability to gear up to that level of production!

Wonder how many of the 2800 are going to TAN in 2008?

In my talks to TAN it seems that they do not buy any single complete drive train system from ENV but component parts some of the rest they told me they have manufactured themselves and hold the patents. This apparently applies to the whole of the drivetrain for the Ampere.

[m.t.glass] 27/5/2008 07:27

...A primary highlight of the meeting was Enova's recent Long term Agreement with IC Bus. With IC Bus Management present, Enova explained the historic agreement which is valued at 120M through 2010.

Among many of the other highlights was Enova's display of production hybrid vehicles from Tanfield, IC Bus and Isuzu. In attendance were investors, key customers (IC Bus and Isuzu), Suppliers, and Enova employees. Throughout the presentation, Enova displayed compelling testimonials stressing partnerships from Mr. John McKinney (IC Bus VP), Mr. David Hillman (IC Bus Director), Mr. Roy Stanley (Darwen and Tanfield Chairman) and Mr. Darren Kell (Tanfield Chief Executive). Testimonials confirmed strong partnerships, and the customer's intent to sell hundreds to thousands of Electric and hybrid electric vehicles to both the new and retrofit markets in the upcoming years.

Enova Executive Management stressed the importance of execution, technology and vision.Management displayed Enova's tremendous growth from 384 drive systems in 2007 to 2800 projected drive systems in 2009. They also discussed performance data showing 70% fuel economy improvement with their Post transmission system, as well as new technologies, such as wireless monitoring, which allows Enova to optimize performance for various drive cycles. Management closed the meeting by stressing their focus on executing and moving the company towards profitability...

[m.t.glass] 16/5/2008 07:25

Here is a brief press summary:


LONDON (Thomson Financial) - Digital power components supplier Enova Systems Inc. reported wider first-quarter net loss due to additional costs it incurred in selling, general and administration, and internal research and development.

The company posted a net loss of $2.67 million for the three months to March 31, 2008, from a net loss of $1.19 million in the year-ago period. Net revenues jumped to $2.28 million for the quarter from $1.54 million earlier.

Selling, general and administrative expenses rose to $1.86 million from $1.02 million last year, while research and development expenses increased to $737,000 from $253,000.

Enova Systems said although it has seen indications for future production growth there can be no assurance there will be continuing demand for its products and services.

[m.t.glass] 16/5/2008 07:25

Date : 16/05/2008 @ 07:01
Source : UK Regulatory (RNS and others)
Stock : Enova Systems, Inc. (ENV)

1st Quarter Results


RNS Number : 6085U
Enova Systems, Inc.
16 May 2008

Enova Systems INC., (AMEX: ENA and AIM: ENV and ENVS), a leading developer and manufacturer of electric, hybrid and fuel cell digital power management systems, announces quarterly results for the period ended March 31, 2008

HIGHLIGHT
For the three months For the three months ended March 31,
ended March 31, 2008 2007

Net Revenues $2,278,000 $1,543,000


REVENUE OUTLOOK

Revenue. Net revenues increased by $735,000 or 48% for the three months ended March 31, 2008 to $2,278,000 as compared to $1,543,000 for the corresponding period in 2007. Production sales for the three months ended March 31, 2008 increased to $2,278,000 from $1,543,000 in the same period in 2007. The increase in total net revenues was attributed entirely to our increase in production sales. Our research and development revenues for the three months ended March 31, 2008 and March 31, 2007 were zero, although we may realize research and development revenues in the future. Our revenues were derived primarily from production contracts with Tanfield, Th!nk Global, and First
Auto Works of China. We continue to improve the awareness of our product and service offerings with clients in part because of our past research and development results as well as our production efforts. Although we have seen indications for future production growth, there can be no assurance there will be continuing demand for our products and services.

Net Loss. We realized a net loss increase of $1,480,000 or 124% for the three months ended March 31, 2008 to $2,673,000 from $1,193,000 for the same period in 2007. We have incurred additional costs, specifically both in S, G & A and internal research and development in order to finalize our transition into a production stage. These additional costs have increased our net loss when compared to the comparable period in 2007.

Inquires:

Enova Systems
Mike Staran, Chief Executive Officer
[phone] x137
Jarett Fenton, Chief Financial Officer [phone]

Investec [phone]
Michael Ansell

Global Equity IR [phone]
Amira Bardichev


For full report (and it is dozens of pages long!) see

[m.t.glass] 30/4/2008 07:14

TORRANCE, Calif., April 30, 2008 - Recent dynamometer test results conclude that
IC Bus school buses using post-transmission hybrid drive systems from Enova
Systems, (AMEX: ENA and AIM: ENV and ENVS) can improve fuel efficiency by more
than 70 percent compared to standard diesel-powered school buses. The Enova
hybrid drive systems installed in the IC Bus school buses also significantly
reduce carbon dioxide, NOx and particulate matter emissions. Advanced Energy, a
resource for innovative and market-based approaches to energy issues, has
facilitated the adoption of IC Bus plug-in hybrid school buses in school
districts in the U.S. and Canada.


part of a more detailed announcement. See full detail at

[m.t.glass] 24/4/2008 07:52

RNS Number:0094T
Enova Systems, Inc.
24 April 2008

Enova Announces Additional Financing

Placing of shares

Enova Systems, Inc ("Enova" or the "Company") today announces that it has
entered into a Securities Purchase Agreement ("Purchase Agreement") and
Registration Rights Agreement with several accredited investors ("Investors").
Pursuant to the Purchase Agreement, the Investors have agreed to purchase
1,273,700 shares ("Investor Shares") of Enova's common stock of no par value ("
Common Shares") at $3.91 per Common Share (the "Placing Price"). It is
anticipated that Enova will receive approximately $4,980,167 in gross proceeds
from the sale of the Investor Shares. The net proceeds of from the sale of the
Investor Shares are to be utilised to fund working capital and to strengthen the Company's balance sheet. Further details of the placing of Common Shares are set out below.

The securities offered have not been registered under the United States
Securities Act of 1933 and may not be offered or sold in the United States
absent registration or an applicable exemption from registration requirements.
This Press Release does not constitute an offer of any securities for sale.

Further details of the placing

The Investor Shares will be sold by Enova in a private placement under
Regulation D of the US Securities Act of 1933, as amended. The closing of the
issue of Investor Shares is conditional upon, among other things, the listing of the Investor Shares for trading on the American Stock Exchange.

The Placing Price represents a discount of approximately 5.8 per cent to the
closing middle market price of the Enova unrestricted common shares (Code: ENV)
on April 23, 2008 on the AIM Market of the London Stock Exchange. The Placing
Shares represent approximately 6.6 per cent of the Company's issued share
capital immediately prior to the issue of the Investor Shares. The closing price of Enova's Common Shares on the American Stock Exchange on April 23, 2008 was $3.86.

Application will be made to the London Stock Exchange for the Investor Shares to be admitted to trading as restricted Common Shares on AIM. The Investor Shares will rank pari passu in all respects with the existing Common Shares on the restricted line (Code: ENVS) except that pursuant to the US Securities Act of 1933 (as amended) the eligibility of a shareholder to transfer shares from the restricted line (Code: ENVS) to the unrestricted line (Code: ENV) will depend on the time period that their shares have been held and any other applicable restrictions. Application has also been made to the American Stock Exchange Inc. for the Placing Shares to be listed on AMEX. Stonegate Securities Inc. acted as the placement agent for the transaction.

The implementation of the issue of Investor Shares does not require shareholder
approval. It is expected that dealings in the Investor Shares on AIM will
commence on 29 April 2008.

About Enova:

Enova Systems ( 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 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, and fuel cell powered vehicles in both the "new" and "retrofit" vehicle sales market. For further information, contact Enova Systems directly, or visit its Web site at

For further details

Enova Systems, Inc Tel: [phone]
Mike Staran, President and Chief Executive Officer/Jarett Fenton, Chief
Financial Officer

Investec as Nominated Advisor to the Company Tel: [phone]
Michael Ansell / Paul Brett

Global Equity IR
Amira Bardichev Tel: [phone]

[m.t.glass] 18/4/2008 17:13

(wrong thread)

[m.t.glass] 18/4/2008 17:03

"...Smith is also set to roll out the Faraday II (pictured below), based on Ford's mighty F-650. Expect it to employ a 120-kilowatt motor from Enova in place of the usual 6.7- or 7.2-liter diesel engine, and either lithium-ion iron phosphate or sodium nickel chloride batteries. Either way, look for a top speed of 50 mph and a range of 150 miles..."

[m.t.glass] 08/4/2008 09:08

Hyundai going ahead with hybrid buses. Not full hybrids though. A sort of 'hybrid-lite' system that offers fuel cost savings without going for the full hybrid vehicle.



(Hyundai is a already customer of Enova..)

[m.t.glass] 28/3/2008 21:18

No chance! The hydrogen fad will fade (and already is beginning to do so).

[asparks] 28/3/2008 18:44

Hydrogen refuelling feasible 'within months'
28 Mar 08


ITM Power Plc, a fuel cell and electrolyser development company, and design/engineering group Roush Technologies Ltd have signed a co-operative agreement that 'could see carbon dioxide-free commercial vehicles being marketed in Britain within months.'

The two companies are to team up on a project to put hydrogen-powered vehicles on Britain's roads.

Roush is to work on solutions to convert existing internal-combustion petrol engines to run on hydrogen and on the development of all-new bespoke hydrogen-fuelled engines. The only by-product of burning hydrogen in an engine is water vapour.

ITM Power is developing hydrogen refuelling stations and a system whereby operators can generate their own hydrogen on-site by the electrolysis of water. An electrolyser system is to go into production in Sheffield later this year that can produce hydrogen from water using either off-peak or renewable-source electricity generated by wind, wave or solar power.

Although engines using hydrogen are already in production - BMW has made a small number of hydrogen-fuelled 7-Series saloons - and fuel cell cars (with on-board electrolysis to convert hydrogen fuel into electrical energy) are near to commercial reality, both solutions need a supply infrastructure for hydrogen.

ITM's CEO Jim Heathcote said: 'We are committed to bringing practical hydrogen power into the automotive market place within a dramatically reduced timeframe. Whilst [the project] initially involves the commercial vehicle sector, it will demonstrate the wider potential of hydrogen technology to help cut CO2 emissions and reduce our dependence on fossil fuels.'

[m.t.glass] 27/3/2008 07:35

and this later UK version at 7am Thursday:


This later (7am, Thursday) UK version similarly mentions Tanfield:


RNS Number:8714Q
Enova Systems, Inc.
27 March 2008

For Immediate Release 27th of March 2008


Enova Systems INC., (AMEX: ENA and AIM: ENV and ENVS), a leading developer and
manufacturer of electric, hybrid and fuel cell digital power management systems,
announces annual results for the period ended December 31st 2007


Results of Operations

Highlights

For The Years Ended
December 31,
-------------------- 2007 ----------- 2006 ---------- $ Change - % Change
Net revenues ----- $ 9,175,000 --- $ 1,666,000 --- $ 7,509,000 --- 451%
Cost of revenues --- 9,763,000 ----- 2,900,000 ----- 6,863,000 --- 237%
Gross loss ---------- (588,000) --- (1,234,000) ------ 646,000 ---- 52%


Net Revenues. The increase was attributed to the largest unit shipment volume in
the history of the Company at 384 units for 2007. In 2007, Tanfield Engineering
Systems Limited and International Truck and Engine Corporation comprised of 52%
and 15%, respectively of our revenues. In the prior year 2006, revenues were
primarily derived from our relationships with Hyundai Motor Company and the
State of Hawaii, representing 39% and 16%, respectively. In 2007, Enova focused
on building new customer relationships in an effort to support our migration
into the first phase of a production company. While we did continue several
development projects throughout the year, the process by which management
selected which development projects were accepted in 2007 largely depended on
our assessment of which contracts had the greatest potential for a production
relationship.

Cost of Revenues. Cost of sales consists of component and material costs,
direct labor costs, integration costs and overhead related to manufacturing our
products. Product development costs incurred in the performance of engineering
development contracts for the U.S. Government and private companies are charged
to cost of sales. Our customers continue to require additional integration and
support services to customize, integrate, and evaluate our products. We believe
that a portion of these costs are initial, one-time costs for these customers
and anticipate similar costs to be incurred with respect to new customers as we
gain additional market share. Customers who have been using our products over
one year do not typically incur this same type of initial costs. Cost of sales
for the year ended December 31, 2007 primarily attributable to the increase in
sales for the year and the associated one-time costs as discussed above.

[m.t.glass] 27/3/2008 00:21

Thursday, March 27, 2008 12:02 AM


Enova Reports Annual Results for 2007 Fiscal Year
Delivers Record 384 Drive Systems in 2007, Including More Than 200 Drive Systems on Improved Gross Margins in Fourth Quarter

TORRANCE, Calif.--(BUSINESS WIRE)--Enova Systems, (AMEX:ENA) (AIM:ENV) (AIM:ENVS), a production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, has filed its 2007 Annual Report on Form 10-K.

Enova President and CEO Mike Staran commented, "We are excited about our results for the year. In 2007, Enova has demonstrated the increasing acceptance of our drive system in the full range of target production applications. I anticipate that 2008 will be a defining year for Enova."

Highlights of 2007 Results:

Total 2007 net loss was $9,347,000 on $9,175,000 in revenue for the year. Total fourth quarter 2007 net loss was $3,479,000 on $4,032,000 in revenue.
Gross loss for the year ended 2007 was 6% on sales of $9,175,000, compared to a gross loss of 74% on sales of $1,666,000 for the year ended 2006.
Gross loss for the quarter ended December 31, 2007 was effectively zero on $4,032,000 in sales, compared to a gross loss of 53% on $593,000 in sales for the same period in 2006.
In 2007, Enova delivered 384 systems, representing a ten-fold increase in delivery volume from 2006, predominantly driven by increased sales to Tanfield and IC Corp-Navistar in 2007.
In 2007, Enova realized significant traction with customers such as IC Corp-Navistar, Tanfield and Wrightbus.
In 2008, Enova expects additional growth with continued commitments from First Auto Works, IC Corp-Navistar, Wrightbus, and Tanfield, plus additional development work with Isuzu, Verizon, Cox, and other fleet operators.

Enova CFO, Jarett Fenton added, "In the fourth quarter of 2007, we began to transition from in-house manufacturing to supplier-based manufacturing. The improvement in gross margins in the fourth quarter is an early indication that these measures are proving effective. As we continue to mature suppliers and negotiate with our vendors, we expect this trend in gross margins to continue."

About Enova:

Enova Systems ( 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 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, and fuel cell powered vehicles in both the "new" and "retrofit" vehicle sales market. For further information, contact Enova Systems directly, or visit its Web site at



Contacts
ENOVA SYSTEMS, Inc.
Jarett Fenton
Chief Financial Officer/Investor Relations
310-527-2800

[m.t.glass] 26/3/2008 09:36

This BBC video clip of an interview yesterday with Tanfield's ceo Darren Kell, talking about Smith Electric Vehicles, includes a momentary glimpse of an Enova-labelled component. Look for it 0:46 into the clip.

[m.t.glass] 12/3/2008 09:39

Today is Budget Day. There's always a few stocks which move during or after the chancellor's speech (though getting this one to budge will take summat truly dramatic!)

Vehicle emissions will certainly get a mention. Will eyebrowman be making any special concessions that favour companies involved in the production of low-emission vehicles?

Budget thread is at

[don muang] 01/3/2008 21:26

.... but there is somewhat a lack of Director Dealings in this .... any thoughts why?

[m.t.glass] 29/2/2008 13:40

Just revisited their customer list - and added 4 more badges at the end of those in the header

[mikehardman] 29/2/2008 13:17

creeping up to finals ('March' according to RNS 15jan08);
amazed to see this so languid, considering all the good things going on!
M.T.G. - thnx 4 the thread

[m.t.glass] 28/2/2008 07:51

"..DARWEN Holdings (DHP) this week floated on the Alternative Investment Market and announced it was developing a new range of integral buses, with a prototype due by June this year, as it aims at "reducing its dependency on chassis manufacturers". Both diesel and series hybrid models are planned, the latter with an eye on London. The new model will be at Euro Bus Expo in November, with series production starting at the end of the year. Enova is a key partner in the hybrid version of the project..."

Bus & Coach magazine, 27 Feb 2008

[m.t.glass] 25/2/2008 16:15

and the price, as usual, barely moves since pre-8am. No visible trades..

[m.t.glass] 25/2/2008 07:38

RNS Number:6247O
Enova Systems, Inc.
25 February 2008

Enova Confirms 2008/9 Production Order from Tanfield's Smith Electric Vehicles

Deliveries of 90 and 120kW systems for 2008 to Tanfield have begun


TORRANCE, CA February 25, 2008 - Enova Systems, (AMEX: ENA and AIM: ENV and ENVS), a production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, confirmed that it has received a production order, and has begun delivering 2008 production orders to Smith Electric Vehicles, a division of The Tanfield Group Plc (TAN).

Enova expects to supply Tanfield with in excess of 1,000 units during 2008, and
as many as 3,000 in 2009. The 2008 order will predominantly supply Tanfield's
production line in Vigo Centre, UK. However, Tanfield also intends to start
production of its commercial electric vehicles in North America during this
calendar year.

"Tanfield is the worldwide leader in zero emission vehicle production. Choosing
Enova as its supplier solidifies us as a world leader in the electric drive
market. We look forward to the continuation of our successful partnership with
Tanfield in this immense market" stated Mike Staran, Enova's President and CEO.

Under this new, extended supply agreement, Enova will continue delivering their
90kW and 120kW electric drive components to Tanfield during 2008, and beyond.

Darren Kell, Chief Executive of The Tanfield Group Plc, said, "Enova's
components have proved to be an extremely reliable, efficient, and robust part
of our electric vehicle drive train."

Mr. Kell continued, "Enova's capability to produce high quality product in
volume means they remain a preferred supplier, as Tanfield significantly
increases production of its commercial electric vehicles."

Enova has supplied electric drive train components to Tanfield since 2006, to
help produce high performance electric drive train systems for Smith Electric
Vehicle's zero emission vans and trucks. Smith utilises a 120kw electric drive
system in the Smith Newton, the world's first zero emission 7.5t - 12ttruck. A
90kw electric drive system is installed in the Smith Edison, the world's first
all-electric sub-3.5t van.

A typical Smith Electric vehicle can achieve ranges of up to 150 miles between
battery charges and speeds of 50 mph. Because they are zero emission, Smith
Electric Vehicles are exempt from the London Congestion Charge and also qualify
for free parking in parts of central London. They also qualify for other tax
breaks and costly license exemptions.

Smith Electric Vehicles, based in Tyne & Wear, United Kingdom, is both the
world's oldest electric vehicle manufacturer and the world's largest producer of
road-going commercial electric vehicles.

Established in 1920, it has been a market leader for more than seven decades.
Smith vehicles are used for a wide range of industrial and commercial
applications including urban delivery, healthcare, airport and municipal
services. It has a worldwide customer base of more than 500 clients, including
major supermarkets and global logistics companies.

About Tanfield:

The Tanfield Group Plc is the world's leading developer and manufacturer of
road-going commercial electric vehicles and aerial work platforms. Tanfield is
headquartered in Newcastle with operations in both the North America and EMEA
regions. It has two main divisions:

Smith Electric Vehicles, was founded in 1920 and acquired by Tanfield in October
2004. Following its acquisition, Smith is developing into a world leader in new
technology electric vans and trucks with greatly enhanced performance, speed and
range capabilities. This makes them attractive for all fleet operators in large
towns, cities and closed industrial environment. For the first time, these fleet
operators have economically viable, zero emission alternatives to using diesel
vans and trucks. Smith has an unrivalled UK-wide service and support network,
which already maintains over 5,000 vehicles for major fleet operators. This core
element of the business is beginning to fulfil its potential in terms of
addressing the requirements of large urban fleet operators, who want to reduce
their operational costs and more importantly, greatly reduce their carbon
footprint. Smith's airport offering is complemented by two specialist airport
vehicle sub-divisions; Jumbotugs and Norquip.



Powered Access, contains two of the world's most established aerial work
platform brands, UpRight Powered Access and Snorkel International. UpRight is
firmly established as the UK's biggest manufacturer of self-propelled aerial
work platforms (also known as "cherry-pickers", "mobile elevating work
platforms", "aerial lifts", etc). UpRight has assembly facilities in the UK and
USA, with products sold through a strong network of over 180 independent,
full-service distributors across Europe, the Middle East and Asia-Pacific
regions. Snorkel, acquired in July 2007, has significant manufacturing
capabilities along with strong sales and distribution, in the USA and
Australasia. Tanfield has been successful in extending its powered access
product range and is now one of only three "full line" aerial lift manufacturers
to have a significant assembly footprint in both the North America and EMEA
regions, in what is a $7bn global market.

/



About Enova:

Enova Systems ( 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 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, and fuel cell powered vehicles in both the "new" and "retrofit" vehicle sales market. For further information, contact
Enova Systems directly, or visit its Web site at


ENOVA SYSTEMS, Inc.
1560 West 190th Street
Torrance, CA 90501
310-527-2800
Contact: Jarett Fenton, Chief Financial Officer/Investor Relations

[phone]
Amira Bardichev, Investor Relations Consultant

[m.t.glass] 27/11/2007 07:24

Enova Systems Enova to Display

RNS Number:5445I
Enova Systems, Inc.
27 November 2007

Enova Systems to Display Unique Production and Development Technologies at EVS
23 Conference




TORRANCE, CA, November 27, 2007 - Enova Systems, (AMEX: ENA and AIM: ENV and
ENVS), an early stage production company in an emerging industry and a leading
developer of proprietary electric, hybrid and fuel cell digital power management
systems, announced today that it will present Ultra-Capacitor technology for
Hybrid Vehicles at the world's largest Electric Vehicle Symposium, EVS 23 in
Anaheim from Dec 2-5. Additionally, Enova, along with IC Corporation will
display their production Hybrid School and Commercial Bus. Various other
examples of Enova's unique and proprietary technologies will also be displayed
including their Power Control Unit, which is currently being delivered to Think
Global for their use on all of their Electric Vehicles.

Terry Morano, Enova's Director of Worldwide Sales said "Enova is poised to
display some of its unique production capabilities, as well as display what we
feel are critical new technologies that will further grow the market. EVS will
be an excellent forum for our company to continue establishing our position in
the market as a World Leading production supplier."

The ultra capacitor technology that will be displayed shows Enova's ongoing
commitment to evaluating and determining the best source of energy for their
customer's performance and drive cycle expectation. It is expected that ultra
capacitors will provide incremental starting energy to an electric motor. The
energy from the ultra capacitor should then feed the electric-drive motor, which
is located in the drive-train. The result of this action is that ultra
capacitors can capture a significant amount of regenerative braking energy,
which could enhance the fuel economy of a hybrid vehicle.

A production Hybrid School Bus and Commercial Bus, built by IC Corp, the
nation's largest school bus manufacturer will also be on display. The plug-in
hybrid diesel-electric school bus helps offset increasing fuel costs while
protecting the environment, potentially doubling fuel economy and reducing
emissions by up to 90 percent. While the exterior of the hybrid buses look the
same as standard buses, they are powered with Enova's innovative technology. The hybrid power train couples a V-8 diesel engine with an 80-kilowatt
battery-powered electric drive. The electric system activates when needed to
reduce the amount of diesel power and fuel usage. The hybrid bus also has
capability to run on bio fuel blends to increase environmental performance.
Enova and IC Corp have partnered to supply buses throughout 11 states, and are
now expanding the market as they will soon be delivering vehicles to both Mexico
and Canada.

Additionally, Enova and IC are working together to capture funding from the Air
Resource Board's (ARB's) Lower-Emission School Bus Program. The program will
provide $200M of grant funding for new, safer school buses and put air pollution
control equipment on buses that are already on the road

Randall Ray, IC Corporation Manager for Bus Product Development adds that "IC is ready to provide these hybrid school buses, when you look at the diesel hybrid
electric bus, using a new 2007 emissions compliant MaxxForce engine in the
hybrid drive, we are now stacking clean air technologies together realizing
significant gains."

Enova will also display its latest design of their Power Control Unit (PCU),
which is a critical component on the highly anticipated electric vehicle being
produced by Norwegian based Think Global. The PCU is a critical component of the vehicle's power system, converting and regulating high voltage power to lower
voltages where and as required. Enova's module transfers power throughout the
drive system and the battery, and assists in energy recovery during regenerative
braking. The source of propulsion power is therefore transparent to the driver,
allowing him to concentrate on normal vehicle operation. The highly anticipated
introduction of the vehicle, and high volume production, is expected in the 2008
model year. The Think Vehicle has a top speed of 65 to 70 mph and a range of 100
miles, is an environmentally friendly, zero emission, all electric vehicle
ideally suited for metropolitan cities.

For further information contact:

ENOVA SYSTEMS, Inc.
19850 South Magellan Drive
Torrance, CA 90502
T. + 310-527-2800
Jarett Fenton, CFO and Investor Relations

Notes to the Editor

Enova's technology will be on display at the upcoming EVS 23 Conference,
California.

The conference is held in Anaheim from December 2-5, 2007, the International
Electric Vehicle Symposium and Exposition (EVS) series, organized by the World
Electric Vehicle Association (WEVA), has long been recognized as the premier
event for academic, government and industry professionals involved in electric
drive technologies. In an effort to showcase their unique technologies, Enova
will utilize a 20 x 50 foot booth to house various vehicles as well as detailed
exhibits of their capabilities.

The EVS series began in 1969 as an academic forum for global networking and the
exchange of technical information. As electric drive technologies progressed
from the classrooms and laboratories into the marketplace, EVS blossomed into an event that is both academic and business oriented. Today, the EVS series is
recognized as the global electric transportation industry's premier and largest
forum, showcasing all forms of technologies in the market place and on the
drawing boards--from low speed battery electric vehicles to fuel cell electric
buses.


About Enova Systems, Inc.

Enova Systems 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 and stationary applications. Enova applies unique 'enabling technologies' in the areas of alternative energy propulsion systems for light and heavy-duty vehicles as well as power conditioning and management systems for distributed generation systems. The Company develops, designs and produces drive systems and related components for electric, hybrid-electric, and fuel cell powered vehicles. For further information, contact Enova Systems directly, or visit its Web site at