Dallas, Texas (September 7, 2011) – StockGuru Shines its Spotlight on Li-ion Motors Corp. (OTCBB: LMCO) (FRANKFURT: LL9L) www.Li-ionMotors.com, 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. The Company closed on September 7, 2011, at $0.208, trading in a fifty-two week range of $1.20 – 0.19.
The Company reported yesterday an increased media coverage of Li-ion Motors Corp. and Inizio. Li-ion Motors is featured in the August 24, 2011 issue of VEHICLE ELECTRIFICATION MAGAZINE published quarterly by SAE International covering the latest electric vehicle (EV) and hybrid electric vehicle (HEV) developments. SAE International is a global body of scientists, engineers, and practitioners that advances self-propelled vehicle and system knowledge in a neutral forum for the benefit of society.
Click here to view detail press release: http://www.li-ionmotors.com/blog/?p=834
Li-ion Motors Corp.’s Inizio is a 100% electric supercar, capable of 170 MPH with acceleration from 0-60 MPH in 3.4 Seconds with ZERO EMISSIONS. With a 114 inch wheel-base and 78 inch wide footprint, the Inizio is surprisingly stable at high speeds. 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.
ABOUT SAE INTERNATIONAL
SAE International is a global association of more than 128,000 engineers and related technical experts in the aerospace, automotive and commercial-vehicle industries. SAE International’s core competencies are life-long learning and voluntary consensus standards development. SAE International’s charitable arm is the SAE Foundation, which supports many programs, including A World In Motion® and the Collegiate Design Series.
About Li-ion Motors Corp.: (OTCBB: LMCO) (FRANKFURT:LL9L), 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 with nearly a decade of research and development, Li-ion has been converting internal combustion cars to all electric and is poised for significant growth moving forward.
Li-ion has converted PT Cruisers, Mini Coopers, Toyota Yaris’, Pontiac Vibes, trucks, and motorcycles. The company’s customer base extends worldwide 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.
Li-ion, headquartered in Mooresville, NC with corporate offices in Las Vegas, NV, is a leading developer and manufacturer of electric powered automobiles including the X-Prize winning WAVE II and the Inizio.
Previously known as Hybrid Technologies, the company has almost 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.
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