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ZENN Motor Increases Stake in EEStor to 10.7%; EESU Production Prototype Promised by End of 2009

Green Car Congress

Earlier in July, ZENN Motor Company Inc. ZMC) increased its equity investment in energy storage developer, EEStor, Inc. Net proceeds from this financing, together with existing working capital, is expected to be used to fund product, customer and business development, the final milestone payment to EEStor, Inc.

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Easy as A123

Plug In Partners

more I n another important energy storage development Zenn has invested in EEStor. Here is a significant announcement by David Vieau , CEO of A123 Systems. But there can be as many as 15 million standard hybrids on the road when plug-in volumes skyrocket from 2012 to 2017. Join Plug In Partners today.

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