Investorideas.com newswire, renewable energy sector

Tuesday, January 24, 2012

Electric Car Stocks Alert: Enova Systems, Inc. (NYSE AMEX: ENA) Trades up over 40% on News of Supplying Drive Systems to First Auto Works (China)

New York, NY - January 24, 2012 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for electric car stock, Enova Systems, Inc. (NYSE AMEX: ENA). The stock is trading up at$ 0.31, up 0.09 (44.19%) on news.
Enova Systems, Inc. (NYSE AMEX: ENA) (AIM: ENV.L) (AIM: ENVS.L), a developer of proprietary hybrid electric and all-electric drive systems and drive system components for the emerging green commercial vehicle market, reports it has received further orders to supply drive system components to First Auto Works (FAW) in China. Enova shipped an additional fifty (50) hybrid drive systems to FAW in December 2011, and FAW just placed an incremental order of another 50 hybrid drive systems for delivery early this year.
Investorideas.com Newswire About Enova
Enova Systems (http://www.enovasystems.com) is a leading supplier of efficient, environmentally friendly digital power components and systems products. The Company’s core competencies are focused on the development and commercialization of power management and conversion systems for mobile applications. Enova applies unique ‘enabling technologies’ in the areas of alternative energy propulsion systems for light and heavy-duty vehicles as well as power conditioning and management systems for distributed generation systems. The Company develops, designs and produces non-invasive drive systems and related components for electric, hybrid-electric, and fuel cell powered vehicles in both the “new” and “retrofit” vehicle sales market. For further information, contact Enova Systems directly, or visit its Web site at http://www.enovasystems.com.
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