HARBOR CITY, California. January 16, 2013—Balqon Corporation (OTCBB: BLQN), a developer of electric vehicles, drive systems and lithium battery storage devices, announced release of complete line of next generation electric vehicle motor controllers, named ZEVQON™, designed for emerging zero emission commercial truck and bus markets. ZEVQON™ EV controllers is a complete line of AC inverters ranging in power from 20 Kw to 240 Kw, designed for use in electric vehicles ranging in size from a small utility vehicle to 30 ton on-road truck. The new line of electric motor controllers are smaller in size, featuring liquid cooling, regenerative braking and compliance to automotive J1939 Can Bus communication protocol.
“While, Balqon is recognized as a leader in heavy duty electric truck market, since 2008 we have been selling our proprietary flux vector technology motor controllers to a diverse group of OEM’s of buses, boats, monorails, motorcycles and mining equipment” said Balwinder Samra, CEO of Balqon Corporation. “ZEVQON™ line of motor controllers incorporates the latest in high power IGBT technology combined with improved diagnostic and configuration capabilities, which allows our customers to customize performance across wide spectrum of applications ranging from push back airline tractors to 40 passenger transit buses” he added.
ZEVQON™ product line uses latest IGBT transistor technology, providing high efficiency conversion of battery DC voltage to AC voltage. ZEVQON™ controllers range in input battery voltage from 150 Vdc to 700 Vdc and output voltage of 230 Vac or 480 Vac. ZEVQON™ controllers are designed for a fixed or variable frequency applications ranging from 0 Hz to 400 Hz.
About Balqon Corporation
Headquartered in Harbor City, California, Balqon Corporation is a leading developer of zero-emissions electric drive systems, lithium battery storage systems and medium to heavy-duty electric vehicles. Balqon electric vehicles and drive systems are marketed globally to companies, governments and municipalities looking for viable and effective ways to reduce their vehicle maintenance and operating costs and lower carbon emissions. Balqon is recognized as a pioneer in commercial electric vehicle technology and development of energy efficient transportation solutions. For more information, please visit http://prusers.com/balqon. Balqon Corporation’s common stock trades on the OTC Bulletin Board under the symbol “BLQN”. Follow us on Twitter @balqon or http://twitter.com/balqon or visit our Facebook page at: http://www.facebook.com/balqoncorporation.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 With the exception of historical information, the matters discussed in this press release, including without limitation, involve a number of risks and uncertainties. The actual future results of Balqon Corporation could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, market acceptance of the Balqon’s technologies and solutions; unforeseen technical issues; Balqon Corporation’s ability to attract sufficient capital and labor to manufacture its products; the ability of Balqon Corporation to attract and retain talented individuals; adverse economic and market conditions; the projected future demand for Balqon Corporation’s products, including the changes in technology and governmental regulations and policies; and other events, factors and risks previously and from time to time disclosed in Balqon Corporation’s filings with the Securities and Exchange Commission, including, specifically, those factors set forth in the “Risk Factors” section of Balqon Corporation’s most recent Annual Report on Form 10-K and Quarterly Report for the nine month ended September 30, 2012 filed with the Securities and Exchange Commission.