Tata envisioning big sales of Indica Vista EV?

Could it be that Tata is expecting to move lots of Indica Vista EVs when they bring them to the market, beginning with Norway later this year? If the tea leaves are being read properly, then yes. A short press release from the American offices of the South Korean battery maker Energy Innovation Group Ltd. (EIG) announces that they will supply their lithium polymer cells to Miljøbil Grenland AS, the Indian giant's Norwegian subsidiary until 2012. The agreement anticipates as many as two million of the large formats cells being shipped in that time frame which, we think, translates to thousands of cars.

Of course, Electrovaya is already a battery supplier to Miljøbil Grenland but according to that company they need a bit more time to put up a new factory in Norway where Indica gliders are currently being shipped for drivetrain integration. Eventually, at least some production of the car will shift to the UK which recently granted (after taking its sweet time) Tata a £10 million loan to enable it to build the car there. The EIG press release awaits your scrutiny after the break.

[Source: Green Car Congress]

PRESS RELEASE

EIG Awarded Supply Contract from Tata Motors

Miljøbil Grenland AS, Subsidiary of Tata Motors, Chooses EIG's Lithium Ion Polymer Batteries for Indica Vista Electric Vehicle Program

SANTA CLARA, Calif.--(BUSINESS WIRE)--Energy Innovation Group Ltd. (EIG) a company that manufactures high energy and power density lithium ion batteries was awarded a supply contract by Miljøbil Grenland AS, a Norwegian subsidiary of Tata Motors European Technical Centre plc., for the Indica Vista EV project, a development of the TATA Indica Vista.

Within the supply agreement, EIG Ltd. is to supply the lithium ion polymer batteries to Miljøbil Grenland AS for the design validation and the subsequent engineering sign-off scheduled for early 2010. The supply agreement envisions the supply of two million battery cells as well as the associated parts and services through the end of 2012.

EIG Ltd. achieved ISO/TS 16949 and ISO 14001 certification, which is necessary for tier 1 automotive suppliers, in June of 2009. It is the first Korean manufacturer of large format lithium ion polymer battery manufacturer to achieve this certification. After being audited by Miljøbil Grenland and Tata Motor's European Technical Centre plc., EIG has been recognized as meeting or exceeding all requirements to be a preferred supplier.

"All of us at EIG are proud that we met the rigorous requirements to be a Tata Motors preferred supplier," said Charlie Duncheon, CEO of EIG America, Inc. "This serves as further validation of EIG's unique integration of product and manufacturing technology."

About EIG

Energy Innovation Group, Ltd. (EIG) is a manufacturer of high energy density large format lithium ion polymer battery solutions. EIG offer products with multiple chemistries and integrated electronic battery management systems that provide safe and economically optimized solutions for the transportation, industrial, military, energy, and other global markets. www.eigbattery.com

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