Earlier this year, the Company's new product Nautilus E30 was
recognized by the industry as the most powerful electric tractor in the
world. This announcement is at the heels of the Company moving its
production facilities to Harbor City, California, expanding its
production capacity to over 1000 units a year. In 2008, the Company
received production orders for its Nautilus product line from the Port
of Los Angeles and AQMD.
"We are very encouraged by product test results and market acceptance
of our products by customers worldwide," said Mr. Balwinder Samra, CEO
of the Company. "Market acceptance of zero emission technology by
customers worldwide has resulted in our decision to ramp up our
production capacity to meet
demand," he added.
Balqon Corporation electric tractors are designed for use in
ports,warehouses, rail yards and intermodal facilities. The Company
will start shipping production units in November 2008 to its customers
worldwide.
Balqon Corporation is a leading developer of high capacity electric
drive system and vehicles. The Company uses its advanced power
electronics systems to power high capacity vehicles in both off-highway
and on-highway applications. The Company partners with current
manufacturers of high capacity vehicles to develop zero emission
alternatives for markets such as ports, warehouses, rail yards and
distribution facilities. For more information, visit ...
