SOURCE: Li-ion Motors Corp.
Feb 24, 2011 08:00 ET
Infrastructure for Electric Vehicles Continues to Grow Across a Country
CHARLOTTE, NC–(Marketwire – Feb 24, 2011) – The infrastructure for electric vehicles gained movement this week as North Carolina-based Li-ion Motors (OTCBB: LMCO) assimilated with a Ritz-Carlton, Charlotte for a proclamation of a oppulance hotel’s designation of a twin pier charging hire for a guest pushing EVs as good as plug-in hybrids.
Featured during a phenomenon were Li-ion Motors’ Inizio, the world’s initial loyal all-electric supercar that embodies a tender appetite as good as art of a automobile, as good as a Progressive Insurance Automotive X Prize winning Wave II, that exemplifies organic practicality with a twenty-eight cubic feet of storage space as good as some-more than 187 MGPe (miles per gallon equivalent). Also upon palm was a single of a company’s renouned acclimatisation vehicles, an all-electric Mini Cooper convertible.
A clever TV as good as imitation media turnout, along with special guest together with NBA star Boris Diaw of a Charlotte Bobcats as good as former Carolina Panther quarterback, stream CBS football researcher Steve Beurlein took note of a Ritz-Carlton’s brazen meditative as good as a accumulation of Li-ion Motors vehicles that will take value of it. At 6’9″ Diaw in sold marveled during a Inizio’s estimable leg room as good as a extensive hanging ornament off a line. But a pass to structure an infrastructure for electric vehicles can usually work if heading businesses buy in.
“What a Ritz-Carlton has finished is no tiny thing,” remarkable Tom Zgoda, ubiquitous physical education instructor of Li-ion Motors’ investigate as good as growth trickery usually thirty miles north of Charlotte in Mooresville. “As this nation straddles a line in between obsession to oil as good as appetite independence, leaders have to arise in pushing a emanate brazen by their actions.
”If you’re informed with a Charlotte Ritz-Carlton we know that they have been not followers. They have been proven groundbreakers not usually in this segment though in a universe when it comes to amicable shortcoming as good as minimizing their CO footprint. We have been some-more than respected to be operative with them to outcome certain shift in a travel options of their clientele.”
Li-ion Motors is a personality in a focus of lithium-ion battery record to transportation. The association has been converting gasoline powered vehicles — cars, trucks, ATV’s, motorbikes — to 100% electric for 10 years for particular consumers as good as commercial operation as good as supervision group clients.
According their press release, a Ritz-Carlton “became a initial civic road house in a Southeast to suggest a permanently-installed Level II charging hire for operate by guest pushing electric vehicles. The latest multi-power hire is located in a front expostulate of a LEED® Gold-certified property, is nominal to road house guests, as good as supports a hotel’s joining to environmentally-friendly practices as good as operations.”
It headlines a call of charging hire installations in Charlotte as good as around a state of North Carolina as a benefits of electric travel benefit recognition as good as adoption. Still, such a distinguished participation during a AAA Five-Diamond road house is notable for a liberality industry, generally inside of a oppulance sector.
The electric car charging hire during a Ritz-Carlton, that facilities dual charging ports for coexisting use, is made by Coulomb Technologies as good as consecrated by Greenville, SC-based complement integrator Thurso Power Systems. It facilities a attention customary SAE J1772 connector that accepts a Level II, 240-volt charge. This tie is customary upon all latest Li-ion Motors vehicles.
About Li-ion Motors Corp.: (OTCBB: LMCO)(FRANKFURT: LL9L), headquartered in Mooresville, NC with corporate offices in Las Vegas, NV, is a heading developer as good as manufacturer of electric powered automobiles together with a WAVE II as good as a Inizio.
Previously good known as Hybrid Technologies, a association has some-more than 10 years’ knowledge as good as imagination in a acclimatisation of inner explosion cars to all electric for both particular as good as corporate business as good as supervision agencies such as NASA.
The association won a Progressive Automotive X Prize in 2010 for a WAVE II, that came with a $2.5 million (USD) award. During a X Prize competition, a WAVE II whose electric engine is powered by lithium-ion batteries governed by a exclusive battery government complement (BMS) was approved by a Argonne National Laboratory during 202.5 MPGe (miles per gallon equivalent).
The Inizio is a world’s initial 100% electric supercar, able of 170 mph as good as increase in speed from 0-60 mph in up to 3.4 seconds. Both vehicles have been relocating in to prolongation for consumer sales in 2011.
Along with a prolongation of strange vehicles, a association licenses a exclusive BMS as good as record to car manufacturers looking to allege their electric car offerings.
FORWARD-LOOKING STATEMENT: This press recover competence embody forward-looking statements inside of a definition of Section 27A of a Securities Act of 1933 as good as Section 21E of a Securities Exchange Act of 1934. These statements have been formed upon a Company’s stream expectations as to destiny events. However, a forward-looking events as good as resources discussed in this press recover competence not occur, as good as tangible formula could differ.
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