Feel Good Cars Tuning Up for Production; EEStor ESU on Track
14 April 2006
Feel Good Cars Corporation (FGC) is tuning up for the production of its ZENN low-speed electric vehicle.
Of particular note is that in September 2005, FGC entered into an agreement with the taciturn EEStor to acquire worldwide exclusive rights to purchase EEStor’s new Energy Storage Unit—a high-power-density ceramic ultracapacitor—for the small vehicle market and golf carts (up to 100 HP and 1,200 kgs curb weight).
The EEStor ESU is projected to offer up to 10x the energy density (volumetric and gravimetric) of lead-acid batteries at the same cost. In addition, the ESU is projected to store up to 1.5 to 2.5 times the energy of Li-Ion batteries at 12 to 25% of the cost.
As a solid state energy storage device, the ESU is projected to have virtually unlimited life of deep-cycle usage in addition to being rechargeable in just minutes.
The technology, about which not much information is currently available, is considered a potential “game-changer,” and attracted a $3M lead investment from heavyweight venture capital firm Kleiner Perkins.
EEStor recently informed FGC that it continues on schedule in the commercialization of the ESU. FGC is up to date and current with its commitments to EEStor Inc. with the next milestone consisting of independent 3rd party verification of EEStor’s technology, expected during the summer of 2006.
The ZENN currently is based on six 12V heavy-duty valve-regulated sealed lead-acid AGM batteries. The car currently has a top speed of 25 mph, and a range of approximately 35 miles (approximately 56 km). A full recharge takes 8 to 9 hours, 80% rechargeable in four hours.
FGC has leased a 40,000 square foot production facility in the City of St. Jerome, north of Montreal, Quebec and expects to receive its first shipment of 48 ZENN (Zero Emission No Noise) host vehicles from Microcar during May 2006.
Initial production ZENN vehicles are scheduled to be shipped to dealers during the summer of 2006.
Last month, the company began a two-coast US-based dealer tour; three production prototype ZENN vehicles are involved in the tours. Dealer tours will continue throughout May and June 2006.
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