(MOORESVILLE, NC)-JUNE 10, 2011 – Li-ion Motors Corp (OTCBB: LMCO) (FRANKFURT: LL9L), winner of the 2010 X-Prize using 21st Century Design & Engineering of emission-free, all electric, high speed, long range automotive propulsion systems using the latest lithium-ion battery technology, is excited to report wide reaching media coverage of Li-ion Motors Corp. and Inizio. Inizio is a 100% electric supercar, capable of 170 MPH with acceleration from 0-60 MPH in 3.4 Seconds with ZERO EMISSION with a 114 inch wheel-base and a 78 inch wide footprint. In addition to the Inizio, Li-ion Motors created the WAVE II, a two seat all electric, zero emission commuter car with an impressive 202.5 MPGe, as rated by the Argonne National Lab (US Department of Energy) and is the winner of the 2010 Progressive Automotive X-Prize in the side by side competition. Both the WAVE II and Inizio are in the process of DOT Certification and upon completion will be released to the public hopefully by the end of this year.
Charlotte, North Carolina’s NBC affiliate, WCNC featured Li-ion Motors on the locally produced “Charlotte Today” television program which aired June 8
th, 2011. The 4 minute broadcast segment featured Inizio and Li-ion Motors Corp and discussed the innovative design using all electric technology and zero gasoline as an answer to ever increasing gas prices.
Watch the video…
Lake Norman Magazine, a monthly publication from the Charlotte Observer featured Inizio and Li-ion Motors in their June edition. The article talks on Li-ions changing technology, new horizons for the company and the diversity of the product range of Li-ion Motors.
Read the article…International media has also become increasingly interested in Li-ion Motors and the advancements the company has made in the development of Lithium Ion battery technology. Recently “Report Plus” an Austrian based business magazine featured Li-ion Motors and Inizio in a special issue regarding e-mobility. The article talks about Inizio being a US produced all electric supercar.
Read the article…
Li-ion is not new to electric cars. Formed in 2000, the company is a pioneer in the advanced development of Lithium Ion battery technology and with over a decade of research and development, Li-ion has been converting internal combustion cars to all electric all along and is poised for significant growth moving forward.
Li-ion has converted PT Cruisers, Mini Coopers, Toyota Yarises, Pontiac Vibes, trucks, and motorcycles. The company’s customer base extends to other countries including Canada, the Netherlands, and the United Arab Emirates.
Along with the production of original vehicles, the company licenses its proprietary Battery Management System (BMS) and technology to automobile manufactures seeking to advance their electric vehicle offerings.
ABOUT Li-ion MOTORS CORP.
Headquartered in Mooresville, NC with corporate offices in Las Vegas, NV, Li-ion is a leading developer and manufacturer of electric powered automobiles including the WAVE II and the Inizio.
Previously known as Hybrid Technologies, the company has more than ten years’ experience and expertise in the conversion of internal combustion cars to all electric for both individual and corporate customers as well as government agencies such as NASA.
FORWARD LOOKING STATEMENT:
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.
