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

Green Car Congress

intends to open two production and distribution facilities in Pennsylvania. CT&T makes low- and mid-speed, short-distance neighborhood electric vehicles that pass crash tests required for regular passenger cars. The company is focusing on sites on the Delaware River in Philadelphia for its initial Pennsylvania location.

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

Green Car Congress

Proceeds will be used to add needed electrode production lines and for working capital. 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. Axion Power International, Inc., Axion technology platform.

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