MCEV Visits Powerzinc Shanghai

May 17^th, 2006, Mr. Jim Johnson, CEO of MC Electric Vehicle (MCEV), a Seattle company in America, together with other 3 managers visited Powerzinc, to discuss the cooperation about the application and sale of the zinc air fuel cell in North America, and the establishment of the zinc refuel regeneration plant in Seattle. MCEV sells and services several models of environmentally friendly vehicles from a variety of different manufacturers. Realizing the short range is the main problem of current EV, considering zinc air fuel cell’s high specific energy and Powerzinc’s leadership in zinc air fuel cell industry, MCEV desired to use Powerzinc’s zinc air fuel cell in the EV they dealt and to improve the EV performance. Both Parties have signed the NDA and LOI, and will further sign other Frame Agreements including Purchase of the zinc air fuel cell, the establishment of the zinc fuel regeneration plant and the development of the EV prototype powered by zinc air fuel cell.

About Powerzinc

Powerzinc Electric, Inc. is a California-based Hi-Tech company. It is dedicated to the research, development, manufacturing and commercialization of advanced zinc-air fuel cells and entire manufacture facilities, along with fuel cells refuel service platform. Through years of R&D, Powerzinc has achieved significant breakthroughs in zinc-air fuel cell technology and developed the high power, large energy, long-lasting, low cost and environment-friendly power and energy source. Its innovative products - DQFC series of zinc-air fuel cells with creative design and process technology is a totally renewable energy for electric vehicles and various other applications today. 

About Powerzinc Electric (Shanghai), Inc

In Shanghai, China, Powerzinc has established a zinc-air fuel cell manufacturing and service model plant to commercialize the technology and its products. The plant is ready for commercial-scale production. The Company has started supplying DQFC series zinc-air fuel cells to manufacturers of Electric Bicycles and Electric Scooters. In the near future, the new series of DQFC zinc-air fuel cells for Electric Buses, Defense and Security, Communication and other applications will be available to the commercial market soon to satisfy the real highly growing demand anywhere in the world.