ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ENVS Enova Regs

3.00
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Enova Regs LSE:ENVS London Ordinary Share COM SHS NPV (REGS)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Enova Continues Drive System Supply to FAW (China) (1983W)

26/01/2012 7:00am

UK Regulatory


Enova Systems (LSE:ENVS)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Enova Systems Charts.

TIDMENV TIDMENVS

RNS Number : 1983W

Enova Systems, Inc.

25 January 2012

Enova Continues Supply of Drive Systems to First Auto Works (China)

Nearly 500 Vehicles already deployed in China

Torrance, CA January 24, 2012 - Enova Systems, Inc. (NYSE AMEX: ENA and AIM: ENV and ENVS), a leading developer of proprietary hybrid electric and all-electric drive systems and drive system components for the emerging green commercial vehicle market, announced today it has received further orders to supply drive system components to First Auto Works (FAW) in China. ENOVA shipped an additional fifty (50) hybrid drive systems to FAW in December 2011, and FAW just placed an incremental order of another 50 hybrid drive systems for delivery early this year.

Since the 2008 Olympics in Beijing, Enova Systems and First Auto Works have deployed nearly 500 vehicles, all utilizing Enova's pre-transmission hybrid drive system components. First Auto Works is one of China's largest vehicle producers, manufacturing in excess of 1,000,000 vehicles annually. The Enova drive system will be integrated and branded under the name of Jiefang CA6120URH hybrid. The Jiefang 40 ft long hybrid city bus can carry up to 103 passengers and travel at a speeds of over 50 miles per hour. With the ENOVA hybrid system components, the Jiefang bus meets Euro III emission standards, consumes only 7.84 miles per gallon and achieves a reduction of 20 percent in harmful emissions.

Enova Systems CEO Mike Staran commented, "Enova's continued supply of product to FAW represents a solidification of Enova as a tier one production supplier of unique clean vehicle solutions, capable of serving the largest vehicle OEM's in the world."

About Enova:

Enova Systems (http://www.enovasystems.com) 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 http://www.enovasystems.com.

ENOVA SYSTEMS, Inc.

1560 West 190th Street

Torrance, CA 90501

Tel: 310-527-2800

Contact: John Micek, CFO/Investor Relations

Additional Information:

This news release contains forward-looking statements relating to Enova Systems and its products that are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will, " "should," "could," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology and statements about industry trends and Enova's future performance, operations and products. These forward-looking statements are subject to and qualified by certain risks and uncertainties. These and other risks and uncertainties are detailed from time to time in Enova Systems' periodic filings with the Securities and Exchange Commission, including but not limited to Enova's annual report on Form 10-K for the year ended December 31, 2010 and Form 10-Q for the quarterly period ending September 30, 2011.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEAPFSADAAEFF

1 Year Enova Systems Chart

1 Year Enova Systems Chart

1 Month Enova Systems Chart

1 Month Enova Systems Chart