US: Enova Q2 2011 revenue up 23%

Enova Systems, Inc, the developer of proprietary hybrid- and battery-electric drive systems and components for EVs, has reported revenue of US$2.5m for Q2 2011, a year-on-year increase of 23%. Gross margin rose nine percentage points to 23%, from 14% a year earlier, in the firm’s eighth consecutive quarter with positive Subscribe to Automotive World to … Continued

• By Webmaster
• August 16, 2011