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South Korean EV Company to Open Two Production and Distribution Facilities in Pennsylvania

Green Car Congress

SEPTEMBER 25, 2009

As the demand for electric vehicles grows, the Governor said, companies and universities like CMU will be called upon to develop more efficient and economical batteries, while the nation’s electrical infrastructure will need to be upgraded to accommodate vehicles in need of a recharge.

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Lead-Carbon Battery Company Axion Power Completes $26M Private Placement Stock Offering

Green Car Congress

DECEMBER 26, 2009

Resulting enhancements include deeper cycling, longer life, elimination of sulfation and shedding on the negative plate, lighter weight, and easier and more rapid recharging capabilities. The Company has agreed to register the shares issued for resale under applicable federal and state securities laws.

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