ZENN to acquire 51% of EEStor; most recent 3rd-party testing of EESU problematic
Green Car Congress
DECEMBER 24, 2013
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. Evans has reported that it has developed testing procedures that measure energy-in and energy-out.
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