The Electric Drive Transportation Association (EDTA) is pleased to welcome Duke Energy, EnerDel, K2 Energy Solutions, and Smith Electric Vehicles as its newest members.

August 2, 2007—Washington, DC—The Electric Drive Transportation Association (EDTA) is pleased to welcome Duke Energy, EnerDel, K2 Energy Solutions, and Smith Electric Vehicles as its newest members. EDTA, the trade association promoting battery, hybrid and fuel cell electric drive technologies and infrastructure, provides public policy advocacy and education, and hosts international industry conferences. The association's membership includes automotive and other equipment manufacturers, electric utilities, technology developers, component suppliers, and government agencies.

"These new member companies represent all facets of the electric drive industry—from energy providers to component suppliers and vehicle manufacturers," says EDTA President Brian Wynne. "Like the diverse membership of EDTA, they share the belief that electric drive is an indispensable technology in addressing energy security and environmental challenges. We are working together to make electric drive a universally available option for all consumers."

About Duke Energy:
Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and non-regulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in North America and selected international markets. Headquartered in Charlotte, North Carolina., Duke Energy Corporation is a Fortune 500 company and one of the largest electric power holding companies in the United States. More information about Duke Energy can be found at www.duke-energy.com.

About EnerDel:
EnerDel was formed in October 2004, when an alternative energy company Ener1, Inc., and the world's largest automotive components company, Delphi Corporation, combined lithium battery operations. EnerDel is developing Lithium-ion battery solutions for automotive manufacturers that will improve the performance, fuel-efficiency and cost of hybrid electric vehicles. EnerDel's battery technology can also be used for specialty battery applications such as military and aerospace, asset tracking, medical and other select markets. For more information about EnerDel, visit www.enerdel.com.

About K2 Energy Solutions, Inc.:
K2 Energy Solutions engineers, designs and fabricates rechargeable batteries and battery systems, including lithium-ion phosphate (LFP) batteries for electric vehicle and other mobile power applications. The company also manufactures lithium-ion, lithium polymer, NiMH, NiCd and alkaline batteries. For more information, visit www.peakbattery.com.

About Smith Electric Vehicles:
Smith Electric Vehicles produces electric vans and trucks with enhanced performance, speed and range capabilities. Smith's support network maintains over 5,000 vehicles for major fleet operators. This core element of the business is beginning to fulfill its potential in terms of addressing the requirements of large urban fleet operators, who want to reduce their operational costs and more importantly, greatly reduce their carbon footprint. Smith's airport offering is complemented by two specialist airport vehicle sub-divisions; Jumbotugs and Norquip. For more information, visit www.smithelectricvehicles.com.

About EDTA:
The Electric Drive Transportation Association (EDTA) is the trade association representing battery, hybrid and fuel cell electric drive technologies and infrastructure. EDTA conducts public policy advocacy, education, industry networking, and international conferences. EDTA's membership includes automotive and other equipment manufacturers, utilities, technology developers, component suppliers, and government agencies. For more information about EDTA and its members, visit www.electricdrive.org.

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