HaloIPT Signs Manufacturing Deals in UK and Asia

- Wireless Charging for Electric Vehicles Goes Into Production

LONDON, June 6, 2011 /CNW/ - HaloIPT, the global leader in Inductive Power Transfer (IPT) systems for  wirelessly charging electric vehicles, today announces two new strategic relationships that will start volume production of IPT charging technology. HaloIPT will work with Chargemaster PLC in Europe and Evida Power Ltd in Asia to bring IPT charging to the worldwide electric vehicle industry within  the next 18 months.    

Chargemaster, which has the largest number of electric vehicle charging bays in the UK, will set up initial UK manufacturing production for HaloIPT. This will produce the hardware that allows electric vehicles fitted with an integrated receiver pad to charge automatically when parked or driven over transmitter pads in the ground. By Q2 2012, this partnership will put plans in place for Chargemaster to oversee the delivery of fully-assembled and tested production IPT systems, ready for deployment.    

HaloIPT has also signed a strategic partnership with Evida Power, Ltd., a leading designer and manufacturer of lithium-ion battery packs for EVs. Evida, which has operations in Europe, Israel and China, is working with HaloIPT to explore the feasibility of manufacturing 40,000 HaloIPT systems in Asia over a five-year period. These units will become a specification option on a forthcoming electric vehicle.  

David Martell, CEO of Chargemaster, said: "We have been involved with HaloIPT since the company's formation because we can see the huge potential of this technology for the electric vehicle market. Chargemaster is proud to always lead the field with advanced technology for charging electric cars. IPT technology will complement our range of charging solutions by providing wireless charging for the future". 
 
 Dr Anthony Thomson, CEO of HaloIPT, said: "The deals with Chargemaster and Evida demonstrate the significant momentum building behind our systems, which is taking us beyond prototype testing and into the production and delivery to the industry." 
 

SOURCE HaloIPT

For further information:

Epoch PR on behalf of HaloIPT, Sarah Mulder / Helen Fitzhugh, Email: smulder@epochpr.comhfitzhugh@epochpr.com, Tel: +44-(0)207-401-8001 / +44-(0)7528-37848.

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