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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. ZENN has advanced EEStor $50,000 of the purchase price on the signing of the Investment Agreement which will be converted to EEStor shares if closing occurs. Initial feedback on the latest testing of EESU technology by Evans Capacitor Company was problematic for the company.

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Ian Clifford resigns as CEO of ZENN

Green Car Congress

Ian Clifford has resigned from his position as Chief Executive Officer (CEO) of ZENN Motor Company Inc (ZMC) and has assumed the role of Founder and Vice-Chair of the Board of Directors of ZMC. The purpose of this transition is twofold. Earlier post.).

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ZENN Motor Changes Strategy to Sell EEstor-based Electric Drive Rather Than Its Own EVs

Green Car Congress

ZENN Motor Company Inc. The EESU is a high-power-density multi-layered barium titanate ceramic ultracapacitor that the companies say is expected to provide energy densities of more than 450 Wh/kg and more than 700 Wh/L; charge in minutes; and have extremely long life. Earlier post.). Earlier post.).

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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. 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. ZMC) increased its equity investment in energy storage developer, EEStor, Inc. 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. Zenn is a Canadian company, and 10.7% 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.

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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. Zenn is a Canadian company, and 10.7% 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.

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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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