Enova Share Discussion Threads

[asparks] 24/1/2007 09:39

welcome byrdy

[byrdsong] 23/1/2007 14:51

Hi all

I'm in thx

[mikephare] 22/1/2007 17:06

asparks,

Thanks for reply.

Been looking at ENV 3rd quarter results dated 29th Dec 2006.

Don't look that healthy with falling turnover, rising costs etc.,May be worth a short term punt on the back of the TAN publicity but spread is still horrible.

Good timing for you guys but I'll probably stick with TAN. Have been holding since 18p and so sitting on healthy profit. No intention to exit at less that £1.50.

Regards

Mike

[m.t.glass] 22/1/2007 16:57

asp - dunno. I didn't follow this company at all until last month when Tanfield called them in as substitutes for Azure Dynamics who chose to cuddle up to Ford instead and devote attention to what Ford wanted. I'm not sure to what extent this new Tanfield-Enova engagement was forced, but it looks to have done Enova no harm.

[asparks] 22/1/2007 16:40

mike - re your comment on the TAN thread. I too was a little surprised by the scale of the rise here today. But ve welcome nonetheless. I'm not 100% sure but I think the recent downturn here has been due to a lack of many new contracts being announced. MT Glass - is that right?

ENV obviously need other contracts in addition to the TAN one - but the TAN deal is certainly a potential biggy

[noshy] 22/1/2007 16:26

I ought to go and play golf more often if I come back to a blue monitor.

as you say as, both TAN and ENV

[asparks] 22/1/2007 16:22

what a great day for ENV & TAN

[asparks] 22/1/2007 14:54

ENOVA up on AMEX now too :-)

[m.t.glass] 22/1/2007 13:14

Story picked up by Green Car Congress. Always worth being seen there:


Space for people here to add comments too.

noshy - hanging onto my WNG ta ;o)

[noshy] 22/1/2007 11:40

sell some WNG, MT, move it over

perhaps not on second thoughts, I am hanging on to my WNG very closely.

OT, off to play golf for the first time in weeks, at last a dry window, though a little raw around the goolies.

[asparks] 22/1/2007 11:20

hey noshy that makes 2 holders then!

[asparks] 22/1/2007 11:18

many thanks MT

[m.t.glass] 22/1/2007 11:13

Yep. Seeing as there might occasionally be a volume to record, I will add a volume indicator ;o)

Tanfield is already represented in the customer list - by the Smith EV badge (and I have mentioned Tanfield in the text)

[asparks] 22/1/2007 11:10

MT pls can you add Tanfield to the list of companies in your header - and if room a vol chart pls





oh look another tick up!

[asparks] 22/1/2007 11:05

I think this may rise this afternoon when the US markets open. Interestingly ENOVA (AMEX:ENA) has risen 30% since start of year on AMEX

[asparks] 22/1/2007 10:33

MT - that's a result of my small buy!

[m.t.glass] 22/1/2007 10:29

Good grief - an uptick!
Y'don't see many o'them around 'ere.

[asparks] 22/1/2007 09:53

great news release today. TAN is going places - and if ENV gets more orders from them things will pick up fast

[asparks] 22/1/2007 09:16

This is excellent news for ENV.

January 22, 2007 02:00 AM Eastern Time
Enova to Supply Systems to The Tanfield Group Plc, for Zero Emission Vehicles in Europe and North America
TORRANCE, Calif.--(BUSINESS WIRE)--Enova Systems (AMEX:ENA) (AIM:ENV) (AIM:ENVS), the leading developer of proprietary electric, hybrid and fuel cell digital power management systems and an early stage production company in an emerging industry, is pleased to announce that it has entered into a significant production supply agreement with Smith Electric Vehicles, a division of The Tanfield Group Plc (TAN).

Enova has worked in partnership over several months with Tanfield to develop two high performance electric drive train systems for Smith Electric Vehicles zero emissions vans and trucks, respectively. Enova anticipates executing an exclusive agreement to supply a minimum of 200 electric drive trains to Tanfield during 2007. Tanfield will integrate a 120kw electric drive system into the Smith Newton, the world's first zero emission 7.5t truck. A 90kw electric drive system will be installed in the Smith Edison, the world's first all-electric 3.5t van. Enova will also supply electric drive trains for a 12 ton version of the Smith Newton, specifically designed for the North American market.

Mike Staran, Enova's Executive Vice President, said: "This production agreement with Tanfield consolidates our position as a market leader in Europe. More importantly, the development of a Smith Newton for North America offers an enormous opportunity for further volume sales, through the supply of drive trains for Smith vehicles in the USA and Canada. Tanfield is rapidly establishing its position as the world's leading commercial electric vehicle manufacturer. Enova is convinced that there is significant untapped demand for battery-powered vehicles worldwide, and that Tanfield's vehicles can exploit this opportunity."

Mr. Staran added: "The volume potential and market size, with a customer such as Tanfield, is significant in both the short and long term. We are delighted that Tanfield has selected us as their partner and we look forward to further optimizing our relationship with them."

Darren Kell, Chief Executive of The Tanfield Group Plc, said: "The Enova system offers us a best-of-breed solution for our class-leading electric vehicles. We will work closely with Enova on the development of future products in the Smith Electric Vehicles portfolio, for both Europe and North America."

In December 2006, Smith Electric Vehicles unveiled Newton, the world's first high performance 7.5 ton zero emission electric vehicle. The Smith Newton is the first ever vehicle in its class that can compete with the diesel equivalent in an urban environment – but without the polluting effects of nitrogen oxide, particulate matter and CO2 emissions.

A typical Smith Electric vehicle can achieve ranges of over 100 miles between battery charges at speeds of 50 mph. Because they are zero emission, Smith Electric Vehicles are exempt from urban congestion charges in European cities such as London, and also qualify for other UK tax breaks and costly license exemptions. The 3.5 and 7.5 ton vehicles are primarily designed as delivery vehicles for urban areas. The vehicles are extremely quiet and make a proven positive contribution to air quality in city centres.

Smith has already supplied the first Newton vehicles to leading business-to-business express, operator TNT Express UK and contract logistics operator Ceva Logistics. TNT alone has indicated that it could require up to 200 Newton vehicles for the UK over the next 2 years.

About Smith Electric Vehicles

Smith Electric Vehicles, based in Tyne & Wear, United Kingdom, is both the world's most established 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.

Smith is a trading division of The Tanfield Group Plc.

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

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, 2005. This forward-looking information should be considered only in connection with the aforementioned risk factors. Enova assumes no obligation to update such forward-looking statements.

[m.t.glass] 18/1/2007 16:20

16 January 2007
Source: Edfero Ltd


Enova systems, a developer of hybrid and fuel cell digital power management systems, is to promote its current vice president of sales and marketing, Mike Staran, to the position of executive vice president of the company.

According to Enova's president and chief executive Ed Riddell, Mr Staran has already made "a significant impact" at the company in his current role, something that he hopes will be repeated in Mr Staran's new more senior position.

"I look forward to him creating further synergies between sales, engineering and operations as we continue to move into the production segment of our market," stated Mr Riddell.

As executive vice president, Mr Staran will be responsible for sales and marketing, operations, engineering and investor relations.

Enova said that his appointment was part of the company's new emphasis on strengthening resources with capable, highly effective personnel so that existing and new customers' needs could be met.

[m.t.glass] 08/1/2007 10:26

January 08, 2007 02:00 AM Eastern Time
Enova Adds 2006 Annual Meeting Video to Website

TORRANCE, Calif.--(BUSINESS WIRE)--Enova Systems (AMEX:ENA) (AIM:ENV) (AIM: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, is pleased to announce that a video of their 2006 Annual Meeting has been added to their website at

The Annual Meeting was held on November 17, 2006 at Enova's Torrance, California office. The event featured updates and comments from Enova's Chairman Anthony Rawlinson, President and CEO Edwin Riddell, and Vice President of Sales and Marketing Mike Staran. Topics of discussion included Enova's image, exposure, commercial highlights and strategic vision. A few highlights of the company's activities revolved around its growth with existing customers such as WrightBus and International Truck and Engine/IC Corp., along with its potential with new customers such as Tanfield/Smith Electric Vehicles, Th!nk, Phoenix Motorcars, Fleet Operators and UPS.

In addition to a detailed Sales and Marketing audio visual presentation, the company displayed functional hybrid vehicles including a School Bus, Service Van, Class 7 Truck, High and Low Floor Commercial Buses, and a fully functional hybrid UPS Pick Up and Delivery Truck. The company also displayed its various components that complete their Pre Transmission, Post Transmission, and Series Drive systems.

The video can be viewed on Enova's website at

(For those interested in Tanfield (TAN) their Smith EV 7.5t truck in TNT livery appears about 60 or 65% into the video.)

[m.t.glass] 03/1/2007 21:22

This news item, though dated 3 weeks ago, is resurfacing in various journals and news alerts today. Very little we don't already know, but it expands slightly on the company description given in the thread header:


TORRANCE, Calif.-(Business Wire)-December 13, 2006 - Enova Systems, (AMEX:ENA) (AIM:ENV) (AIM: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, is pleased to announce that it has partnered with Tokyo R&D to supply an electric bus to the Hokuriku Electric Power Company in Japan. The bus will now undergo testing and evaluation by the company in efforts to generate further volumes for this type of vehicle.

Enova supplied Tokyo R&D with a 120kW Electric Drive System earlier this year for integration into the bus. Enova's electric drive system provides all the functionality one would find under the hood of an internal combustion engine powered vehicle. The electric system consists of an enhanced induction motor and the electronic controls that regulate the flow of electricity to and from the batteries at various voltages and power to propel the vehicle.

The 120kW system is an ideal choice for light trucks, delivery vans, and mid-sized buses using electric and series hybrid-electric propulsion. This system can provide 1664NM of drive shaft torque when used with our gear reduction unit and operates on a DC input voltage that can range from 250 to 425VDC.

Mike Staran, Enova's Vice President of Sales and Marketing, said, "Enova is confident that our relationship with Tokyo R&D will further strengthen our position in Japan. A strategic partnership in this area could certainly result in an increased share of the market for this region."

About Tokyo R&D:

Tokyo R&D supports clients in high technology capabilities of research & development. Since being founded in 1981, Tokyo R&D has been highly reputed among domestic and overseas enterprises for their versatility to comply to research & development assignments in various fields. They deploy services in 5 divisions such as, Vehicle, EV System, Composite, Mechatronics and Racing. Each division possesses strong superior efficiency in executing research & development works from concept to production.

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