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Leo Motors Begins Marketing 120kW EV Power Train

^{Published on 2010-07-12 02:40:54 - Market Wire}
 

LAS VEGAS--([ BUSINESS WIRE ])--Leo Motors Inc. (Pink Sheets: LEOM) announced today that it has developed and begun marketing of its 120kW power train, which is equivalent to a 5,000cc Internal Combustion Engine (ICE). Power trains of this size are used in the bigger passenger cars, middle-sized buses and trucks. Consisting of a proprietary motor, controller and battery pack, the 120kW power train incorporates Leoa™s innovative power management solutions designed to control vehicles better than their ICE counterparts.

Leoa™s 120kW power train was tested in a 24-seat bus for more than six months. Leo converted Hyundaia™s County bus and had it run at more than 70 MPH with the power train. According to the test results, the converted bus ran faster and smoother than its ICE counterparts, but without emissions, noise or vibration.

Leo will market the 120kW power train in two ways. Leo is primarily going to provide conversion services to clients who need EVs for their vehicle fleet operations. Leo will also market its 120kW EV power trains to other automotive manufacturers. Almost all major automobile manufacturers have claimed they are going to develop EVs, but only a few claimed to have successfully tested an electric power train.

About Leo Motors

Leo Motors, Inc. is a Delaware company engaged in the development, manufacture and sale of electric vehicles (aEVsa) and EV components. Leo has designed many original EVs, and has converted many models of existing internal combustion engine (aICEa) vehicles into EVs, including scooters, motorcycles, full-speed sedans, highway buses and trucks. Leo Motors has also developed several original EV components, and is actively marketing them as a bundled conversion kit for ICE vehicles.

Forward-Looking Statement

This press release includes aforward-looking statementsa within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms abelieves,a abelief,a aexpects,a aintends,a aanticipates,a awill,a or aplansa to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the companya™s reports and registration statements filed with the Securities and Exchange Commission.