Enova Fuel Cell Components Enable Both Ford and Hyundai Motor Company Fuel Cell Vehicles in Michelin Challenge Bibendum
2003-09-19 06:00 ET - News Release
TORRANCE, Calif.--(BUSINESS WIRE)--Sept. 19, 2003--Enova Systems,
Torrance, California (OTCBB:ENVA) proudly announced today that its
power management and fuel cell systems are key featured components in
two major automotives OEMs entrants in the Michelin Challenge
Bibendum(TM) this year. Both Ford Motor Company and Hyundai Motor
Company will participate in this true competition for advanced
technologies with their fuel cell hybrid vehicles featuring Enova's
technology.
Hyundai Motor Company, a major Enova alliance partner for over
seven years, will debut its Santa Fe Fuel Cell Hybrid Electric Vehicle
(FCHEV) at this year's event, joining the proven Santa Fe Fuel Cell
Electric Vehicle (FCEV) in competing against other alternative energy
vehicles. In the 2001 Bibendum, Hyundai's FCEV with Enova Systems'
90kW Panther Drive System, Fuel Control, and Fuel Cell Monitoring
System, took home two gold and two silver awards. Hyundai's new FCHEV
and the FCEV are propelled by Enova's Panther(TM) hybrid-electric
drive-train, motor and control unit including its leading edge power
conversion systems. The hydrogen fuel cell system that powers each
Hyundai vehicles' motor was developed by UTC Fuel Cells of South
Windsor, Conn., part of the UTC Power unit of United Technologies
Corp. (NYSE:UTX). The onboard hydrogen storage tank was developed by
Quantum Technologies (NASDAQ:QYWW).
Ford Motor Company (NYSE:F), also a major Enova alliance partner,
will be competing with two of its third generation Focus FCV-Hybrid as
well as other alternative fuel vehicle platforms. The Focus FCV
features Enova's High Power Converter (HPC) which transfers power
between the fuel cell, the drive system and the battery and assists in
energy recovery during regenerative braking. These vehicles emit only
water vapor and use a Ballard fuel cell engine that converts chemical
energy into electrical energy using hydrogen and water.
"Enova continues to develop and manufacture state-of-the-art
technologies for the fuel cell hybrid markets for both mobile and
stationary markets," commented Carl D. Perry, Enova Systems' president
and CEO. "We are proud that our technology and components are
integrated in these two global automotive leader's vehicles. We
congratulate both Hyundai and Ford on their vehicles' past performance
and wish them well in this year's event."
The 2003 Challenge Bibendum(TM) will be held in Sonoma and San
Francisco, Calif., Sept. 23-25. More than 100 passenger and commercial
vehicles are expected to participate. In addition to Ford and Hyundai,
other automakers participating in the event include: American Honda,
Audi, BMW, DaimlerChrysler, General Motors, Isuzu Truck, Nissan,
Toyota, Volvo and Volvo Truck.
A true competition, Challenge Bibendum(TM) is one of the few
events to compare different advanced technologies head-to-head. The
event is open to all energy sources from electric cars to hybrid fuel
cells to hydrogen-powered buses. This year's event will emphasize
heavy-duty applications which are Enova's primary focus. Advanced
technology vehicles are rated on emissions, acceleration, braking,
handling, noise and energy efficiency during the annual competition.
Complete information is available at challengebibendum.com
--30--SW/la*
CONTACT: Enova Systems
Marketing and Sales Information:
Edward Moore, 310-527-2800 ext. 114
edmoore@enovasystems.com
or
Investor Relations:
Larry Lombard, 310-527-2800 ext. 103
llombard@enovasystems.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: AUTOMOTIVE ENVIRONMENT ENERGY PRODUCT
SOURCE: Enova Systems
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