Axeon Lands £2.5M Li-Ion Order from Modec for Electric Urban Delivery Vehicle
14 September 2007
These new orders are in addition to previously announced orders from Modec worth £3.1 million (US$6.26 million) for development engineering, sodium nickel chloride packs and initial launch quantities of Li-ion battery packs. (Earlier post.) The total order book for production Li-ion for Modec is now 172 battery packs and 172 chargers.
The testing and validation of the production level prototype Li-ion battery pack is nearing completion and initial production ramp-up is expected to commence during October. Deliveries of the initial orders for Li-ion battery packs and chargers are scheduled to take place during Q4 2007 and into Q1 2008. Further orders are expected before the end of 2007 to allow fulfillment of 2008 production.
The initial Li-ion battery is rated at 51.2 kWh and provides a range of up to 70 miles on a single charge for the Modec electric zero emissions urban delivery vehicle travelling at its top speed of 50 mph. During initial testing and evaluation, the Li-ion battery pack delivered approximately 15% more miles per kWh than the sodium nickel chloride battery pack.
As previously announced, Axeon and Modec are also developing a higher capacity pack expected to deliver a range of around 100 miles on a single charge. This 100-mile battery pack is being developed for a start of production during the first half of 2008.
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