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April 21, 2008 – Vol.13 No.5 EnerSys to Provide Lithium ion (Li-Ion) Battery Packs for Plug-in Hybrid Electric Vehicle (PHEV) Trial in Quebec City, Canada. If the pilot study is a success, the project will integrate between 10 and 50 PHEVs into Quebec City streets. The PHEVs will be owned and operated by individuals in the community during the expected four year test period. EnerSys, through its Modular Energy Devices (ModEnergy) subsidiary, has teamed with Quebec's Laval University and Canada's largest cooperative financial group, Desjardins, to conduct a trial program to study community acceptance and operating success of the technology. Starting in the Spring of 2008, the multidisciplinary team will spearhead a technical, financial and market based effort to bring the environmental and economic advantages of PHEVs to mainstream markets. ModEnergy will supply lithium ion (Li-Ion) battery packs and controls to Laval University and work with them to optimize performance and durability for evaluation by members of the team and the Quebec City community.
Desjardins and Laval University's business school are working together to design innovative financial contracts, which, for example, could encourage the commercialization of this type of environment-friendly technology and its accessibility to consumers. "This program will provide a real world field test for the ModEnergy's Redundant Cell Array Technology (RedCAT) while integrating PHEVs in the community," said Steve Eaves, VP of Technology and founder of ModEnergy. "RedCAT offers unique cost, reliability and safety advantages to help bring the promise of Li-Ion batteries and PHEVs to our transportation needs and thus take a step towards meeting clean air goals." EnerSys provides stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide. (4/21/08)
Links: EnerSys
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: Yes
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