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Renewable Energy Stocks – Innovation Drives Investment in Electric Automotive Stocks - Electric car market continues to move forward through efforts from ZAP (OTCBB: ZAAP), Advanced Battery Technologies (OTCBB: ABAT), Azure Dynamics Corporation (TSX: AZD & LSE: ADC) and DaimlerChrysler
Renewable Energy Stocks – Innovation Drives Investment in Electric Automotive Stocks

 

PRZOOM - /newswire/ - Point Roberts, WA, United States, 2007/07/25 - Electric car market continues to move forward through efforts from ZAP (OTCBB: ZAAP), Advanced Battery Technologies (OTCBB: ABAT), Azure Dynamics Corporation (TSX: AZD & LSE: ADC) and DaimlerChrysler.

   
 
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InvestorIdeas.com, a leading global investor and industry research resource portal specialized in sector investing, issues the Sector Close Up – Electric Automotive Stocks, a review of electric automotive stocks as innovation drives investment. Investors are taking notice as they are realizing that what is good for the environment can also be very good for the wallet. Leading the way to a ‘green’ future is the electric vehicle market that offers consumers cost savings through efficiency, while at the same time giving investors following the sector, strong upside potential. Stocks in this segment have also received a boost as oil prices remain above $70 per barrel, and global warming has become a top priority among politicians and consumers.

Overcoming some of the historical challenges found within the electric car market are companies that have placed their focus on research and development to introduce next generation transportation systems to the market. Recent announcements within this market have added a sense of confidence in electric vehicles as a viable transportation alternative.

Market milestones include:
ZAP (OTCBB: ZAAP) a leader in advanced transportation technologies, has entered into a supply agreement with Advanced Battery Technologies (OTCBB: ABAT) for polymer lithium and nano batteries. The contract, valued at more than $5 million, will provide ZAP with high performance batteries to be used in their various lines of electric vehicles.

Azure Dynamics Corporation (TSX: AZD & LSE: ADC), a leading developer of hybrid-electric and electric powertrains for commercial vehicles, recently announced an agreement with FedEx Express, a subsidiary of FedEx Corp., for the development of gasoline parallel hybrid-electric powertrains for their delivery fleet.

Global Electric Motorcars, a DaimlerChrysler company, manufactures Neighborhood Electric Vehicles (NEVs) and has been working to meet the growing demand from island resort communities, areas that can benefit from the range, speed and versatility of NEVs. Global Electric Motorcars vehicles were the first multipurpose NEVs available for sale from a major automaker.

Sector Close Up – Electric Automotive Stocks Sparked:

· ZAP (OTCBB: ZAAP) has seen its share price increase over 16% this month to its recent close of $1.07

· Advanced Battery Technologies (OTCBB: ABAT) was up 4.3% on news of its agreement with ZAP to $2.90

· Altair Nanotechnologies most recently saw their shares climb on news of a joint development deal with AES Corp for energy storage products. AES is also a strategic investor in the Company. Altair shares are up 15% this month

· Global Electric Motorcars, a DaimlerChrysler company, has realized a steady climb moving up $27.42 or 44% year-to-date

· Azure Dynamics (TSX: AZD) has been trading in the $0.65-$0.70 range this summer.

About Our Green Investor Portals
RenewableEnergyStocks.com®, FuelCellCarNews.com® and EnvironmentStocks.com are global investor and industry research portals in the renewable energy and Greentech sectors within InvestorIdeas.com. RenewableEnergyStocks.com provides a variety of renewable and clean energy content including the Clean Energy News Blog, Renewable Energy Blog, articles by solar expert, J. Peter Lynch, and a regular ‘green’ column: ‘The New Power Fund,’ by Samuel F. Jones, President of All Season Financial Advisors.

The RenewableEnergyStocks.com portal currently features a directory with info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks.

InvestorIdeas.com Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. These sites are currently compensated by featured companies, news submissions and online advertising. ZAP (OTCBB: ZAAP) pays Two thousand five hundred per month equivalent in shares for one year commencing Nov 2006, discounted as a courtesy to previous sponsorship of the InvestorIdeas Greentech contest.

Source: InvestorIdeas.com, ZAP, Azure Dynamics Corporation, Advanced Battery Technologies

 
 
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Renewable Energy Stocks – Innovation Drives Investment in Electric Automotive Stocks

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