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ZENN to acquire 51% of EEStor; most recent 3rd-party testing of EESU problematic

Green Car Congress

Canada-based ZENN Motor Company Inc. will acquire a 51% controlling stake in its energy storage technology partner EEStor for staged cash payments totaling $1 million, and then reorganize the board and management of EEStor. Earlier post.). A commercial-ready unit has yet to be produced.

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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. The company said that its ability to maximize its investment in EEStor is a result of certain EEStor shareholders not exercising their follow-on investment rights. with an additional US $5.0

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Zenn Motors Remains Confident of EESU Delivery by Year End

All Cars Electric

The saga of the Zenn Motors and EEStor continues to wind on. For those that don't know, EEStor is a Texas-startup reportedly secretly building a powerful new energy storage medium that is far lighter, faster-charging, cheaper and longer-lived than lithium ion cells. Zenn is a Canadian company, and 10.7%

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Zenn Motors Remains Confident of ESU Delivery by Year End

All Cars Electric

The saga of the Zenn Motors and EEStor continues to wind on. For those that don't know, EEStor is a Texas-startup reportedly secretly building a powerful new energy storage medium that is far lighter, faster-charging, cheaper and longer-lived than lithium ion cells. Zenn is a Canadian company, and 10.7%

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Zenn Motors to Cease Low Speed EV Manufacture in Preparation for EEStor Powerplant Sales

All Cars Electric

Zenn Motors is the Canadian manufacturer of low speed electric vehicles that has partnered with EEStor Inc, a company reportedly on the edge of revolutionizing energy storage. Zenn originally was formed to make low speed electric cars which they have been selling since 2006.

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DOE Aware of EEStor but Has Never Seen Functioning Technology

All Cars Electric

As many people are aware, the company is reportedly on the threshold of unveiling its barite-based energy storage devices for use in Zenn Motors electric car powertrains. We are following the compelling EEStor story here on All Cars Electric.

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