New Electric mia Town Car Includes Sevcon Technology
05 Julho 2011 - 5:30PM
A new electric town car will feature the very latest in electronic
motor control technology from Sevcon, Inc. (Nasdaq:SEV). Production
started in June 2011 on a planned initial 10,000 vehicles.
The three-seat mia, which has been designed by former Volkswagen
chief Murat Günak, is an exciting new development in urban EV
vehicle technology and is one of the first series models on the
market.
Under development since 2007, the mia is powered by a Leroy
Somer asynchronous motor which will be controlled by Sevcon's
state-of-the-art Gen4 size 4 80V 350A motor control.
mia has turned to Sevcon, which is a world leader in motor
control technology and a long established supplier to the
automotive industry, as its motor controls provide the smallest
controllers in the industry relative to power delivery.
The mia represents the very latest in compact, zero-emission
urban vehicles, able to cover up to a distance of 130 km and fully
chargeable within 3 hours.
The size 4 – one of four controllers in the Gen4 series ranging
from size 2 to 8 – has been chosen to deliver smooth power
transmission, improved efficiency and an extended range capability
due to its ability to be closely characterized with the specific
requirements of the mia.
The mia is one of a growing range of on-road electric vehicles
using Gen4 controllers. Peugeot's e-vivacity scooter, Vmoto's E-max
bike and Brammo's Enertia street bike are all taking advantage of
its performance benefits.
The mia will be manufactured in Cerizay, France, and has a
scheduled annual production run of 12,000 vehicles a year.
It boasts a modern lightweight style and an innovative design
concept that includes a central driver's seat. The design provides
the driver with a perfect view of the city. It also has sliding
doors on both sides and an extremely spacious passenger
compartment.
Sales of the mia will initially focus on public and private
fleet operators with sales to private customers starting in 2012.
The basic version of the three-seat mia will cost €19,500 including
VAT and not considering any public incentives.
About Sevcon, Inc.
Sevcon is a world leader in the design and manufacture of
microprocessor controls for zero emission electric vehicles. The
controls are used to vary the speed and movement of vehicles, to
integrate specialized functions and to optimize the energy
consumption of the vehicle's power source. The company supplies
customers throughout the world from its operations in the UK, the
USA, France and the Asia Pacific region and through an
international dealer network. Sevcon's customers include
manufacturers of on- and off-road vehicles including cars, trucks,
buses, motorcycles, fork lift trucks, aerial lifts, mining
vehicles, airport tractors, sweepers and other electrically powered
vehicles. For more information about Sevcon, visit
www.sevcon.com.
About mia
The mia is produced in Cerizay, France, by mia electric, which
took over the electric cars divisions of the renowned French
vehicle manufacturer Heuliez in July 2010. Heuliez has been
designing and producing pure drive electric cars since 1984 and has
manufactured over 6,500 electric cars including Citroen AX
Electric, Peugeot 106 Electric and Citroen Saxo Electric. Once
production of the mia begins, the Cerizay plant will employ 240
staff.
Forward‐Looking Statements
Forward‐looking statements in this release about Sevcon's
relationship with mia electric are subject to risks and
uncertainties that could cause actual results to differ materially
from those we anticipate. In particular: global demand for electric
vehicles may not grow as much as we expect; our customers' products
may not be as successful as those of other entrants in the electric
vehicle market who are supplied by our competitors; continuing
economic instability may cause customers to delay, decrease or
cancel purchases of our products; we are dependent on a few key
suppliers and subcontractors for most components, sub‐assemblies
and finished products, and we may not be able to establish
alternative sources of supply in time if supplies are interrupted;
we have a small number of key customers whose loss would adversely
affect our results; and our worldwide operations are subject to the
risks of international trade, including without limitation regional
economic downturns, exchange rate fluctuations, and changing laws,
regulatory practices and tariffs.
CONTACT: David Calusdian
Sharon Merrill Associates
1 (617) 542 5300
dcalusdian@InvestorRelations.com
Matt Boyle
President and CEO
1 (508) 281 5503
matt.boyle@Sevcon.com
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