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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. ZENN’s goal now is to be a provider of leading edge power storage solutions and related technologies to the transportation industry.

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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. Clifford, who founded ZMC in 2001, will continue to play a key role in defining ZENN’s future vision and strategic plans, the company said.

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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 new investment represents the exercise of the maximum additional investment option available to ZMC which was to acquire 117,757 shares at the same price-per-share as the original equity investment granted to ZMC pursuant to the share purchase agreement between ZMC and EEStor dated 30 April 2007.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

market for sustainable “green” energy purchases. What are the chances that a $40K Chevy Volt would ever be purchased much less make $$. In other words, the customer can drive with the peace of mind that everything is taken care of including battery exchanges for the life span of the car.