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Published in House and Home on Sunday, July 25th 2010 at 23:20 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
LAS VEGAS--([ BUSINESS WIRE ])--Leo Motors, Inc. (Pink Sheets:LEOM) announced that it has developed a more innovative Battery Management System (BMS), to solve the safety and quick charging problems often experienced with Electric Vehicles (EVs).
"Our BMS technology is the key to our Companya™s continuing development, as it is the most crucial part in EV battery power packs, and is one of the most expensive parts in the entire vehicle."
Leoa™s new BMS can charge at a current of up to 4C (4 times the rated capacity of the battery per hour). Existing BMS could only charge at a current of 0.5 C (half of the rated capacity of a battery per hour), For example, a 30 kW battery power pack cannot charge more than 15kW per hour using existing BMS because the BMS can manage only half of the electric power per hour. Using Leoa™s new BMS, the power pack can be fully charged in about 15 minutes under a quick charging mode.
Another improvement of Leoa™s new BMS is that the size of the BMS became 70% smaller than existing BMS. Leo intends to develop its technology further, making major parts of the BMS into silicon chip to further minimize the size and reduce the heat emitting from inside of the BMS. Leo also plans to develop its BMS technology to charge at a current of up to 12 C, which would allow a full charge in about 5 minutes.
Leoa™s new BMS will be tested by battery manufacturers and EV manufacturers seeking a product or marketing opportunity. Dr. Robert Kang, CEO, stated, aOur BMS technology is the key to our Companya™s continuing development, as it is the most crucial part in EV battery power packs, and is one of the most expensive parts in the entire vehicle.a
About Leo Motors, Inc.
Leo Motors, Inc. is a Korean company incorporated in Delaware, and is 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.
For additional information, please call Mike King of Princeton Research, Inc. at (702) 650-3000.
