Electro Energy Inc., an advanced battery technology and manufacturing company, has joined the Electric Drive Transportation Association (EDTA), the industry association that is working to accelerate the adoption of battery, hybrid and fuel cell vehicles and supporting infrastructure.
Washington, DC—Electro Energy Inc. (Nasdaq:EEEI), an advanced battery technology and manufacturing company, has joined the Electric Drive Transportation Association (EDTA), the industry association that is working to accelerate the adoption of battery, hybrid and fuel cell vehicles and supporting infrastructure.
Electro Energy Inc. designs and manufactures advanced batteries and associated systems that can be used in a wide variety of applications. "Our bi-polar battery technology is used by the military and NASA in satellites and aircraft, and has the potential to make an impact in the automotive industry," says Mike Reed, President and COO of Electro Energy. "Our patented design not only provides better power, longer life and less cost, it also eliminates major pollutants such as lead and cadmium used in other types of batteries. Most importantly our newly acquired large manufacturing facility near Gainesville, Florida, positions us as a significant domestic commercial provider to the automotive, utility and specialty power industries. Membership in EDTA will help us establish our role in the electric drive industry as we enter the hybrid and electric transportation sectors."
"Component and technology companies like Electro Energy are making a strong contribution to the advancement of electric drive as it enters mainstream adoption," says EDTA President Brian Wynne. "Technology is the key to improving efficiency in the transportation sector, and to reducing our national dependence on oil. We are pleased to have Electro Energy participating in collaborative efforts with other members and government partners."
EDTA is the preeminent U.S. industry association dedicated to the promotion of electric drive as the best means to achieve the highly efficient and clean use of secure energy in the transportation sector. As a unified voice for the electric drive industry, EDTA's membership includes a diverse representation of vehicle and equipment manufacturers, energy providers, component suppliers and end users. EDTA supports the sustainable commercialization of all electric drive transportation technologies by providing in-depth information, education, industry networking, public policy advocacy and international conferences and exhibitions. For more information on EDTA, visit www.electricdrive.org.
About Electro Energy, Inc.:
Electro Energy Inc. (Nasdaq:EEEI), headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high power lithium rechargeable batteries utilizing the Company's proprietary design. EEEI has recently acquired significant manufacturing assets near Gainesville, Fla., to accelerate commercialization of its battery technology.
For further information, please visit www.electroenergyinc.com.