Enova Systems, Inc. (Enova Systems) will supply 60 plug-in electric hybrid buses to IC Bus Division of Navistar International Corporation (Navistar) for the US Department of Energy (DOE) Plug-in Hybrid Electric Vehicle (PHEV) Technology Acceleration and Deployment Activity program. The PHEV, with engine-off driving capability, will save fuel and reduce emissions. Using Enova Systems' electric drive system, IC Bus offers a plug-in production hybrid school bus.
Navistar, with Enova will develop and deploy 60 PHEV buses to the fleets across US.
In the proposed project, Enova Systems will work to further develop the plug-in hybrid bus into a vehicle capable of all-electric drive for extended periods.
Mike Staran, Enova Systems’ president and chief executive officer said, The DOE award validates Enova’s technology as one that is unique and provides a needed solution. I remain convinced that in spite of the economic downturn, the market remains legitimate and is beginning to show signs of opportunity. We consider our capability to be well focused, yet acknowledge that support from channels close to government funding and other government initiatives are critical to realizing success.
In addition to the award from the DOE, Enova Systems has announced that it has recently submitted applications totaling over $82 million for the following:
Advanced Technology Vehicle Manufacturing (ATVM) Loan Program:
Federal Government (DOE):
Amount Available: $25 billion;
Requested: $13.2 million;
Transportation Electrification (DE-FOA-0000028):
Federal Government (DOE):
Amount Available: $200 million (Area of Interest 1);
Requesting: $50.3 million;
Alternative and Renewable Fuel and Vehicle Technology Program (PON-08-010):
State Government (California Energy Commission):
Amount Available: $176 million;
Requesting: $8.5 million;
Misc:
Various local government opportunities;
Requesting: ~$10 million.
Enova Systems’ funding applications provide solutions that address the long term clean transportation needs of our community, while at the same time allowing for the ability to implement a viable transportation alternative immediately. Enova Systems’ ability to retrofit vehicles with its unique, production-proven technology, allows quick results to improve fuel economy and reduce carbon emissions. Enova Systems will soon release a corporate update. This update, along with our forthcoming quarterly report, will detail activities, customer updates, and other significant initiatives for the company.
Navistar is a US-based provider of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus brand school and commercial buses, and Workhorse brand chassis for motor homes and step vans.
Enova Systems is a US-based developer of electric, hybrid and fuel cell digital power management systems.