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Published in House and Home on Wednesday, August 4th 2010 at 17:21 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
MOORESVILLE, N.C.--([ BUSINESS WIRE ])--Li-ion Motors Corporation (OTCBB:LMCO) (Frankfurt:LL9L) [ www.Li-ionMotors.com ], 21st Century Design & Engineering of emission-free, all electric high speed, long range automotive propulsion systems using the latest lithium-ion battery technology, continues to exceed performance expectations. Popular Mechanics shows top in leader board for the $10 million prize for the Progressive Automotive X-Prize competition.
"Any doubt about our vehiclea™s performance and capability left team Li-ion driven more to succeed. We are competitive and dedicated to excel making a substantial contribution in the development of reliable, emission free vehicles."
Click here for detailed release: [ http://www.li-ionmotors.com/20100804 ]
The Li-Ion WAVE II placed top in MPGe, with an impressive on-track performance wining the combined performance and efficiency 100-mile race. The WAVE II now has a firm, respectable standing in the final validation.
Despite heavy competition, the WAVE IIa™s performance has been consistent, leaving them as one of 11 remaining teams from the original 43 that qualified in Michigan earlier this year. Team leader Ron Cerven stated aAny doubt about our vehiclea™s performance and capability left team Li-ion driven more to succeed.We are competitive and dedicated to excel making a substantial contribution in the development of reliable, emission free vehicles.a
The X PRIZE Foundation is an educational nonprofit organization whose mission is to create radical breakthroughs benefiting humanity and inspiring the formation of new industries, jobs and the revitalization of markets. Winners of the XPrize competition will be awarded on September 16 in Washington, DC.
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.
