Electrovaya launches low-speed car
TORONTO, ONTARIO - Battery maker Electrovaya Inc. plans to build a small, low-speed commuter car powered by its proprietary lithium ion polymer power pack technology.
The zero-emission Maya-300 is said to offer a range of 190 kilometres with a top speed of 55 kilometres per hour – "ideal for fleet operators in cities, universities and parks as well as the many households with a second or third vehicle for urban driving within a local neighbourhood," the company said.
The two-seat vehicle's battery system can be recharged at standard electricity outlets.
"This marks a new era where affordable, zero-emission clean transportation solutions become available with sufficient range for daily local driving," declared Electrovaya CEO Sankar Das Gupta.
"The Maya-300 is a terrific, high-profile solution for many fleet operators with a driving range longer than other low-speed electric vehicles."
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The price spike, triggered by an alert regarding generation losses, came only four months after Ireland and Northern Ireland launched an Integrated Single Electricity Market (ISEM) designed to make trading more competitive and improve power distribution across the island.
Evie Doherty, senior consultant for Ireland at Cornwall Insight, a U.K.-based energy consultancy, said significant price volatility was to be expected while ISEM is still settling down.
When the U.K. introduced a single market for Great Britain, called British Electricity Trading and…
