Valence Technology (VLNC) is popping back up above the buck level today on news it’s providing its lithium battery storage systems for the new Mercedes eVito electric taxis in London.  Mayor Boris Johnson has visions of a pollution free London and wants to provide a fleet of electric taxis in time for the 2012 Olympic Games.  Road testing of the taxis will begin right way.

“This is a real game-changer for fleet vehicles,” said Robert … Read the rest