ZENN Motor Increases Stake in EEStor to 10.7%; EESU Production Prototype Promised by End of 2009
Green Car Congress
JULY 22, 2009
ZMC) increased its equity investment in energy storage developer, EEStor, Inc. and operating expenses and general corporate purposes. Earlier in July, ZENN Motor Company Inc. with an additional US $5.0 million investment. ZMC announced its intention to exercise this additional investment option on 21 May 2009.
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