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Unveiled at the 2011 Geneva Motor Show, the Courb-designed, Valence Technology-powered C-ZEN electric concept car arrived at the party packing a 15kW electric motor and one of Valence's patented lithium-iron-magnesium-phosphate (LiFeMgPO4) battery packs. Boasting an impressive range of 125 miles and a decent top speed of 68 miles per hour, the C-ZEN is targeted at urban dwellers, particularly of the younger generation, who reside in European cities.

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Battery manufacturer Valence Technology has big plans to expand its manufacturing capacity. To help pay for the investment, the Austin, Texas-based company has applied for a $225 million grant from the U.S. Department of Energy through the Electric Drive Vehicle Battery and Component Manufacturing Initiative. Valence plans to put another $359.4 million from other state and local incentive programs into the project.

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Click on the Smith Newton for a hi-res gallery

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