http://www.marketwatch.com/story/scandinavias-first-lithium-battery-electric-car-ferry-completes-over-4000-trips-2014-12-08?reflink=MW_news_stmp
Scandinavia's First Lithium Battery Electric Car Ferry Completes Over 4,000
Trips
Dec 8, 2014 

[images  
http://www.globenewswire.com/news-release/2014/12/08/689589/10111515/en/photos/320731/29522/320731.gif

http://www.globenewswire.com/news-release/2014/12/08/689589/10111515/en/photos/320730/29521/320730.gif
]

Electrovaya's Lithium Ion Battery Powers Electric Cable Ferry "KF Hisaroy"
Sailing Daily Between Mjanes and Hisaroy

TORONTO, Dec 08, 2014 (GLOBE NEWSWIRE via COMTEX) --
Electrovaya is pleased to announce that the KF Hisarøy electric cable ferry
has now been sailing between Mjånes and Hisarøy in Norway daily for over one
year, with flawless operation. The Ferry was launched in September, 2013
with a new propulsion power system consisting of a complete rechargeable
battery system from Electrovaya in cooperation with Solund Verft, HAFS
Elektro & Rør AS and Electrovaya´s subsidiary Miljobil Grenland AS in
Norway. The Owner of the vessel is Wergeland Halsvik AS.

The 100KWh prototype battery system is based on Electrovaya's
SuperPolymer®2.0 technology, providing excellent performance and reliability
with an exceptionally small on-board footprint. The battery system is an
important step forward for the global maritime industry and a major step
towards replacing diesel generators with a greener, toxic–free alternative
form of energy. The owner of the vessel is Wergeland AS and Gulen
Skyssbåtservice operates the ferry.

The battery electric ferry can save up to approximately 180,750 liters of
fuel consumption over its expected lifetime. It has a potential to save
about 500 tonnes of emissions; 480 tonnes of CO2, 9 tonnes of particulate
matter and volatile organic compounds, 2 tonnes of Carbon monoxide and 2
tonnes of other type of emissions. The Electrovaya lithium ion battery also
eliminates fuel exhaust including the usual carcinogens from diesel exhaust.

The Cable Ferry is operating approximately 10 round-trips per day between
the mainland and the Hisarøy Island, a round trip distance of about 1.6
kilometers. The Cable Ferry is driven by two winches on-board and
Electrovaya's on-board Lithium Ion battery system is recharged on the
mainland between the round trips and over-night.  KF Hisarøy is built to
carry 49 passengers and 6 cars.

With the International Maritime Organization (IMO) pressuring the marine
industry to reduce GHG emissions and as the price of diesel continues to
rise, there has been growing interest in developing clean propulsion systems
for vessels in countries including Norway and Canada.  The marine electric
vehicle market is expected to grow from $2.6 billion to $6.3 billion by
2023. Demand will come from both on-water and underwater electric vehicles
for use both on inland waterways and the sea.  The key advantages of
electric powertrains for marine vehicles are the lower maintenance
requirements and minimal noise, air and water pollution.

Wergeland Halsvik AS is very pleased with the ferry and the battery system
delivered from the yard and its cooperating partners " said Hans Wergeland,
the owner of KF Hisarøy. "As this market grows, and the demand for
environmentally friendly, zero carbon foot-print energy solutions increases,
this system is well-suited to further opportunities in the marine sector."

"We are delighted to be working with Electrovaya, Miljobil Grenland and HAFS
Electro." says Svein-Tore Eide, General Manager of Solund Verft AS, the ship
building company responsible for the project. "This first battery electric
cable and road ferry in Scandinavia demonstrates that an all-electric
propulsion system has value for other marine applications," added Mr Eide
...
About Electrovaya Inc: ... www.electrovaya.com
About Solund Verft AS:... www.solundverft.no
Forward-Looking Statements ...
[© 2014 GlobeNewswire]
...
http://www.cnbc.com/id/102250208
Scandinavia's First Lithium Battery Electric Car Ferry Completes Over 4,000
Trips
...
[dated]
http://globenewswire.com/news-release/2014/04/02/623963/10075219/en/Scandinavia-s-First-Lithium-Battery-Electric-Car-Ferry-Completes-Six-Months-of-Winter-Operations-in-the-Norwegian-Fjords.html
Scandinavia's First Lithium Battery Electric Car Ferry Completes Six Months
of Winter Operations in the Norwegian Fjords
April 02, 2014 | Electrovaya




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