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Earth2Tech —
... Zenn Motors CEO on EEStor Milestones: Zenn Motors CEO Ian Clifford answers questions about his company’s agreement with stealthy energy storage startup EEstor and why he has so many confidence in the technology. — GM-Volt ...
EESTor update from ZENN CEO Ian Clifford; demonstrations coming in 2010
Autoblog Green —
EEStor, the company behind the ultralight, ultra-efficient - and ultra secret - EEStor Electrical Energy Storage Units (EESU) that could change the electric car world, still isn't giving out much information about their product. But Ian Clifford, the CEO of Zenn Motors, is talking. First, some numbers. The EESU could be a 52kwh pack that provides a 250-mile range and only weigh 280 pounds. ZENN now owns 10.7 percent of EEStor, up from 3.8 percent. Thanks to EEStor's recent permittivity announcements, ZENN has paid EEStor another $700,000. ...
ZENN Motor Increases Stake in EEStor to 10.7%; EESU Production Prototype Promised by End of 2009
Green Car Congress —
... were offered by way of a short form prospectus in the provinces of Alberta, British Columbia and Ontario and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the US Securities Act of 1933, as amended.
In trading on the TSX Venture Exchange yesterday (21 July), ZMC was the ninth most active security by value.
(Hat-tips to Marc and Brett!)
Resources
ZMC CEO Ian Clifford Interview with GM-Volt.com
Undated, unattributed audio ...
EEStor, Zenn Take It Up a Notch, But Waiting Game Continues
Earth2Tech —
... Clifford, said that the underlying factor of its exclusive deal for small- and midsized cars with high-profile energy storage startup EEStor was the fact that the bigger automakers didn’t want to take a risky bet on early-stage technology that didn’t have a lot of testing behind it. Fast-forward to today and EEStor has completed substantially more testing — enough to trigger a new investment from Zenn that brings the automaker’s stake in EEStor to around 10.7 percent.
But EEStor, which says it will deliver a production prototype to ...
