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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Pallisard who wrote (25774)12/15/2002 10:20:01 AM
From: ikonoklast53  Read Replies (1) | Respond to of 27311
 
Pallisard,

Not much information about EVI on the internet but have found some interesting information on a consulting company, ETechno-Group, and its founder, Dr. Peter Cho, who have a working relationship with EVI. Several pieces of information I've found...

ETechno-Group, Inc.

etechno-group.com

<<Exclusive technology agreement with Electric Vehicle International, Llc.,Anderson, IN. for marketing and technical support for electric vehicles (trams, buses, transit vehicles, trolleys) which are ultra quiet, high efficiency, and have a compact power train with electronic controller.>>

Dr. Cho's Bio

sae.org

<<Dr. Cho was a manager for advancing technologies at Delco Remy International where he was responsible for identifying, defining, directing, and managing strategically important advanced technology R&D programs. Prior to his position at Delco Remy, Dr. Cho was a Manager for Electric Propulsion Motor Technology at the Naval Undersea Warfare Center, Newport, RI, where he conducted critical US Navy Science and Technology R&D in the areas of electric propulsion motors/generators, solenoids, and other state-of-the-art advanced electromagnetic systems... >> Hmmm, does this not sound all too fimiliar to Valence's own R&D history?

According to an article from Electrifing Times (10/26/01) Dr. Cho also has his own EV ambitions...

electrifyingtimes.com

<<An upstart automaker is considering manufacturing electric vehicles in Portland so that it can tap into California's future demand for cleaner-burning cars.

KNG Motors, a startup company in Anderson, Ind., is considering manufacturing an electricity-powered car called Parade in either Anderson or Portland, company President C. Peter Cho said.

So far, only a prototype of the Parade exists. But Cho said he hopes to produce the cars en masse by early 2003. That's when the California Air Resources Board will require automakers to sell at least 4,600 emission-free vehicles.

Cho's company operates out of Anderson, where he formerly worked as manager for advancing technology for motor-maker Delco Remy. He said the city of Anderson has offered his company incentives to stay there, including the use of a former General Motors manufacturing plant. But Portland remains attractive because it would be easier to transport cars into the California market, Cho said.

"We have to make a really good strategic decision of location," Cho said. He hopes to decide this year.

Once production begins, KNG Motors expects to employ 20 to 30 workers. Long-range plans call for producing 30,000 vehicles a year with 500 workers, said Todd Hoffman, a Tualatin investor in KNG.

Hoffman, who is recruiting investors, said one Northeast Portland manufacturer, whom he declined to identify, has promised land and building space.

Martha Richmond, Portland Development Commission spokeswoman, confirmed that officials had talked with KNG, but she declined to comment further.

The Parade is designed to be made of aluminum, reach 70 mph and travel 70 miles or 150 miles per charge, depending on the model, Cho said. It would retail for between $20,000 and $25,000, Cho said.>>

Haven't found anything else on the internet on KNG Motors so not so sure if their plans are on track or have been shelved or what battery technology KNG would use.

The Anderson, Indiana area seems to be a hotbed of EV activity. No doubt that a lot of this has came about as a result of the GM, Delphi/ Delco Remy presence in Anderson.