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Aerovironment (AVAV) Sells 8 Electric Vehicle Power Cycling/Test Systems To Ener1 (HEV)
Yesterday it was announced that Ener1 (HEV) will use a portion of the stimulus funds it received to purchase eight electric car power cycling and test systems from Aerovironment (AVAV) to expand the company’s test capabilities at its Indiana facility. The systems are designed to simulate real world driving by repeatedly charging and discharging the lithium batteries. No word on the financials of the deal.
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