Greening the Port of Los Angeles with Electric Vehicle Company, Balqon Corporation (OTCBB: BLQN)
Earth Day Green Stock Report From Investorideas.com
Delta B.C/Point Roberts WA/., April 22 , 2010 - www.InvestorIdeas.com and its leading green investor portals report on Balqon Corporation (OTCBB: BLQN), developer and manufacturer of zero emission heavy-duty electric trucks and tractors for both off-highway and on-highway applications, in celebration of Earth Day 2010.
The Port of Port of Los Angeles is currently deploying Balqon’s electric vehicles as part of the California and Los Angeles vision to be a leader in clean technology.
According to the company’s filings, “As of November 13, 2009, we have delivered 12 Nautilus E20s to the City of Los Angeles and one Nautilus E20 to the AQMD. All of the Nautilus E20s we delivered during the third quarter of 2009 were equipped with lithium-ion battery packs.
We anticipate that a majority of future sales of our heavy-duty electric vehicles will be made directly to end users, such as large terminal operators, shipping companies and OEMs, rather than directly to governmental agencies such as the AQMD and the City of Los Angeles.”.
Recent Media Coverage:
New Trucks Aim To Keep the Docks Humming In Los Angeles
The Port of Los Angeles and Balqon Corp were showing off their first production XE20 electric, zero-emission yard tractors on Wednesday at an all-day Ride and Drive event at Berth 87. Balqon is getting ready to deliver 20 of the new heavy-duty trucks to a container terminal for a real-world debut.
The port ordered the lithium-ion battery-powered vehicles to be built almost a year ago, along with five XE30 trucks designed for short-haul, on-road drayage. The XE30s will be used to shuttle containers from the port to a near-dock rail yard about five miles north of the harbor.
Full article: http://www.cunninghamreport.com/news_item.php?id=1235
About Earth Day 2010
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Balqon Corporation (OTCBB: BLQN), Announces Record Revenue Growth in 2009
HARBOR CITY, Calif. - April 14, 2010 - Balqon Corporation (OTCBB: BLQN), an emerging developer and manufacturer of zero emissions heavy-duty electric vehicles for Class 7 and Class 8 applications, announced its financial results for the year ended December 31, 2009 on March 31, 2010. Revenues for 2009 were $3,598,752, an increase of $3,395,092, or 1,667%, over revenues of $203,660 for 2008. Full news: http://www.investorideas.com/CO/BLQN/news/4141.asp
About Balqon Corporation (OTCBB:BLQN) http://www.balqon.com/
Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector motor technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities.
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Balqon Corporation (OTCBB: BLQN) is a featured showcase green stock on our green investor portals:
'Antonio Villaraigosa, Mayor of Los Angeles, tests drives the Balqon Nautilus E30.'
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