Investorideas.com newswire, renewable energy sector

Friday, February 04, 2011

Electric Car Stocks and Battery Stocks Alert for Green Investors

Electric Car Company Profiles for EVCARCO (OTCBB: EVCA and Valence Technology,
Inc. (NASDAQ:VLNC)

February 4, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com
a leading global investor and industry portal covering the green and renewable energy sector
reports on Electric car stocks and battery stocks news and trading as of morning trading for
February 4th.

As oil prices stay above $90 /$91, investors ask if the race for electric vehicles and better
batteries will heat up again ?

Sector Snapshot

A123 Systems, Inc. (NasdaqGM: AONE) trading at $9.14, down 0.14 (1.51%)
ENER1, Inc. (NASDAQ: HEV) trading at $3.78, down 0.08 (2.07%)
Ecotality, Inc. (NasdaqCM: ECTY) trading at $ 3.57, up 0.02 (0.56%)
EVCARCO (OTCBB: EVCA)) trading at $ 0.01, down 0.0020 (16.67%)
Honda Motor Company, Ltd. (NYSE: HMC) trading at $ 43.28, down 0.26 (0.60%)
NISSAN MTR SPON AD (Other OTC: NSANY.PK )trading at $21.30, down 0.02 (0.09%)
Tesla Motors, Inc. (NASDAQ: TSLA) trading at $ 23.44, down 0.19 (0.80%)
Valence Technology, Inc. (NASDAQ:VLNC) trading at $1.51
ZENN MOTOR COMPANY INC. (CDNX: ZNN.V) trading at $ 1.52, down 0.03 (1.94%)

Market Snapshot

Dow 12,058.17 -4.09 -0.03%
Nasdaq 2,758.95 +5.07 +0.18%
S&P 500 1,306.94 -0.16 -0.01%
10 Yr Bond(%) 3.6260% +0.0850
Oil 91.25 +0.71 +0.78%
Gold 1,356.40 +4.10 +0.30%

Company Snapshots

EVCARCO (OTCBB: EVCA) (www.evcarco.com) is an automotive retail group dedicated
to deploying a franchised coast-to-coast network of environmentally friendly dealerships
and vehicles.

Valence Technology, Inc. (NASDAQ:VLNC)

Valence Technology is a global leader in the development and manufacture of safe,
long-life lithium iron magnesium phosphate advanced energy storage solutions and
integrated command and control logic. Headquartered in Austin, Texas, Valence
enables and powers some of the world's most innovative and environmentally friendly
applications, ranging from commercial electric vehicles to industrial and marine
equipment. Valence Technology today offers a proven technology and manufacturing
infrastructure that delivers ISO-certified products and processes that are protected by
an extensive global patent portfolio. In addition to the corporate headquarters in Texas,
Valence Technology has its Research & Development Center in Nevada, its Europe/Asia
Pacific Sales office in Northern Ireland, and global fulfillment centers in North America
and Europe. Valence Technology is traded on the NASDAQ Capital Market under the

ticker symbol "VLNC." For more information, visit www.valence.com.

Recent Green Car News:

NISSAN JOINS RENAULT'S ZERO-EMISSION MOBILITY PARTNERSHIP
WITH CASTILLA Y LEÓN

Castilla y León, Spain (Feb. 4, 2011) - Nissan International SA has joined Renault SA's
partnership with the regional government of Castilla y León to advance zero-emission mobility in
the region through the promotion of electric vehicles and an electric-vehicle charging network.

Under a Memorandum of Understanding signed by both parties, Nissan will deliver electric
vehicles to Castilla y León through its dealer network, starting in 2011 with the 100% electric
Nissan LEAF, the world's first affordable zero-emission vehicle for the global mass market.
Nissan will also help define and validate EV charging devices in the region to ensure their
compatibility with current and future regulations. The regional government plans to set up
900 public charging points by 2015. Of that total, 300 will be located on streets while 600 will
be installed in underground parking areas. Castilla y León may supplement some with quick
charging points depending upon market demand. By the end of 2011, 40 charging points are
expected to have been installed above ground and 60 underground.

Castilla y León is also planning several financial and non-financial incentives to boost demand for
electric vehicles, including tax credits and subsidies for home charging units.

"Castilla y León will be the first Spanish region to mass produce a 100% electric car when
Renault, with whom we signed an agreement last year, starts producing here in late 2011. Our
Regional Strategy for EVs includes measures to boost consumer demand and industrial activities
linked to such cars. We are also investing in the necessary charging infrastructure to guarantee
the success of this new mode of transportation. Together with Nissan and Renault, the two
leading global automakers in electromobility, we now have a solid partnership for advancing the
market," said Tomas Villanueva, Economic Vice President of the regional government of Castilla
y León.
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