TIDMENV

Enova Systems, Inc.

01 March 2012

ENOVA SYSTEMS, INC

("Enova" or "the Company")

Enova Systems Joins GoElectricDrive Committee

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 it has joined the GoElectricDrive (GoElectricDrive.com) committee. The Electric Drive transportation association (EDTA) developed GoElectricDrive.com with the support of a 62-member team representing auto, drive system, battery, charging and utility companies as well as industry and government organizations.

GoElectricDrive is now comprised of leading automakers, drive system manufacturers, battery and charging manufacturers that are driven to educate consumers, policymakers and key industry sectors on the benefits of plug-in electric vehicles, and to address market and institutional barriers to mass market adoption of Plug-In Electric Vehicles (PEV's). On the website consumers can calculate savings, find incentives, learn about the environmental benefits of owning an electric car, and view some of the new plug-in electric vehicles available or coming soon to auto showrooms.

 
 
 Enova President and CEO Mike Staran stated "We look forward to participating in the various 
 GoElectricDrive initiatives and identify the commercial fleet vehicle market as a focal point 
 for this impressive group of industry leaders that are participating." 
 
 EDTA is dedicated to advancing electric drive as a foundation for sustainable transportation. 
 It serves as the unified voice of a diverse industry, and the primary source of information 
 and education related to electric drive. Members includes major vehicle manufacturers, utilities, 
 battery, charging and component suppliers, trade associations, universities and research institutions, 
 government agencies, non-profit organizations, fleet-users, retail outlets and consumers. 
 
 
 

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

About EDTA:

The Electric Drive Transportation Association (EDTA) is the preeminent trade association representing battery, hybrid, plug-in hybrid and fuel cell electric drive technologies and infrastructure. EDTA conducts public policy advocacy, education, industry networking, and international conferences. EDTA's membership includes vehicle and equipment manufacturers, energy companies, technology developers, component suppliers, government agencies and others. For more information about EDTA and its members, visit ElectricDrive.org. For information about owning and operating electric vehicles, please visit GoElectricDrive.com

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.

For further information:

Enova Systems, Inc.

Mike Staran, President & Chief Executive Officer

John Micek, Chief Financial Officer

Tel: + 1 310 527 2800

Daniel Stewart & Company plc

(Nominated Adviser & Broker)

Paul Shackleton/Jamie Barklem

Tel: + 44 (0) 207 776 6550

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRALLFFTFAIAFIF

Enova (LSE:ENV)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Enova.
Enova (LSE:ENV)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Enova.