Source: Business Wire [Apr 04, 2006]
SYNOPSIS: These batteries can be charged by either the ICE, by regenerative breaking, or by household mains (plug-in hybrid), and will have a modest all-electric range.
PLYMOUTH MEETING, Pa.--April 4, 2006--Lithium Technology Corporation ("LTC") (OTC Bulletin Board:LTHU), a leading manufacturer in the rapidly emerging large format rechargeable Lithium battery market, announced today that it has delivered, through its wholly owned German subsidiary GAIA Akkumulatorenwerke GmbH in Germany, a Li-ion battery for a hybrid vehicle that is being developed by UK based automotive technology specialists Zytek Systems as part of the Energy Saving Trust's Ultra-Low Carbon Car Challenge (ULCCC).
In March 2005, Zytek was awarded grant funding from the Energy Saving Trust for the 2nd phase of their ULCCC project to develop a new high efficiency, dual mode hybrid vehicle. The vehicle is based on the new Smart forfour and will utilize a hybrid power train based on 1500cc, 3-cylinder turbo charged diesel engine coupled to 2 high-efficiency permanent-magnet electric motors.
Zytek has ordered three Li-ion batteries with output of 288 V, a capacity of 7.5 Ah (or about 2.2 kWh of energy) and with a capability to deliver 25 kW of power. These batteries can be charged by either the ICE, by regenerative breaking, or by household mains (plug-in hybrid), and will have a modest all-electric range. The first battery has been installed in the vehicle and road tests will commence shortly. The remaining two batteries will be delivered in April 2006.
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