Ovonic NiMH Batteries Featured
6 October 1998
Ovonic NiMH Batteries Featured at Paris Motor Show And Brussels Electric Vehicle SymposiumTROY, Mich., Oct. 5 -- Energy Conversion Devices, Inc. and its subsidiary, Ovonic Battery Company, Inc. (Ovonic Battery), today announced that their proprietary Ovonic nickel metal hydride (NiMH) batteries were featured at two European vehicle shows, the Paris motor show in France and the 15th Annual Electric Vehicle Symposium (EVS 15) in Brussels, Belgium. At the Paris show, Opel, General Motors European vehicle manufacturer, presented its first driveable fuel cell mini van equipped with an advanced Ovonic NiMH battery pack. Opel's mini van, the new Zafira,* serves as a research platform to develop the fuel cell electric drive vehicle. During a media briefing at the Paris motor show, Mr. Michael J. Burns, President, GM Europe, and Group Executive, General Motors Corporation, commented, "Opel considers the combination fuel cell and electric drive to have more potential than any other alternate propulsion system known at present. Our objective is to develop fuel cell technology to be at market readiness by the year 2004." Robert C. Stempel, Chairman of Energy Conversion Devices, said, "Ovonic Battery is pleased to be working with Opel on this advanced technology project, which highlights the flexibility of our proprietary Ovonic NiMH batteries and underscores our commitment to achieving commercialization and manufacturing economies of scale." EVS 15, the year's largest gathering of international experts in the field of electric-powered vehicles, attracted 100 exhibitors. In separate displays at GM Ovonic, General Motors and Ovonic Battery, advanced technology Ovonic NiMH batteries for electric, hybrid electric and fuel cell vehicles were featured. Once again, NiMH batteries were "the battery of choice" for most vehicle manufacturers. ECD is a leader in the synthesis of new materials and the development of advanced production technology and innovative products. It has pioneered and developed enabling technologies leading to new products and production processes based on amorphous, disordered and related materials, with an emphasis on alternative energy and advanced information technologies. ECD's web site address is http://www.ovonic.com. This release may contain forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on assumptions which ECD, as the date of this release, believes to be reasonable and appropriate. ECD cautions, however, that the actual facts and conditions that may exist in the future could vary materially from the assumed facts and conditions upon which such forward-looking statements are based. * Technical specifications for the Zafira: Mini-van: 7-passenger or 2-passenger plus cargo (seats folded) Fuel cell stack: Opel design Electric drive: 50kW AC induction motor Batteries: Advanced Ovonic NiMH pack (315 HEV20) Capacity -- 20 Ah Power -- 500 W/kg Energy -- 6.3 kWh Specific Energy -- 50 Wh/kg Power-to-Energy (P/E) Ratio -- 10:1