SOURCE: EV Innovations Inc.

EV Innovations Inc.

October 26, 2009 07:00 ET

EV Innovations Inc. (OTCBB: EVII) Qualifies to the Next Round of the 2010 Progressive Insurance's Automotive X-PRIZE and Will Feature Its Wave II at SEMA, November 3, 2009

MOORESVILLE, NC--(Marketwire - October 26, 2009) - EV Innovations Inc. (OTCBB: EVII),, 21st Century Design & Engineering of emission-free automotive propulsion systems using the latest lithium battery technology, has qualified to the next round of the 2010 Progressive Insurance Automotive X-PRIZE. EVII will also feature its state of the art 21st Century design WAVE II in Las Vegas at SEMA, November 3rd to 6th, 2009.

For detailed Press Release please click below:

EV Innovations is looking forward to the opportunity to show the world the groundbreaking developments the company has been developing. They significantly feel their breakthroughs will help change the way the world looks at the automobile and its construction today. From overall electrical engineering to space-age materials, futuristic aerodynamics and a new standard for safety, the company is prominently positioned and its engineering staff is ready for the competition.

The X-PRIZE competition is intended to inspire a new generation of viable, super fuel-efficient vehicles that offer more consumer choices. Ten million dollars in prizes will be awarded to the teams that win a stage competition for clean, production-capable vehicles that exceed 100 miles per gallon or energy equivalent (MPGe).


This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.

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