Electric Car Stocks Trading Alert; A123 Systems (Nasdaq:AONE) up on recent news, EVCARCO (OTCBB: EVCA) up 60%

Electric Car Stocks Trading Alert; A123 Systems (Nasdaq:AONE) up on recent news, EVCARCO (OTCBB: EVCA) up 60%

123 Systems (Nasdaq:AONE) to Supply 20MW of Advanced Energy Storage Solutions to AES Gener for Spinning Reserve Project in Chile


February 8, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on electric car stocks and battery stocks news and trading. Green car stocks get a green light from investors as several of the stocks traded up in morning trading.

Sector Snapshot

A123 Systems, Inc. (NasdaqGM: AONE) trading at $9.64, up 0.33 (3.54%) 12:33PM EST
China BAK Battery, Inc. (NasdaqGM: CBAK ) trading at $1.97, up 0.07 (3.68%) 12:36PM EST
ENER1, Inc. (NASDAQ: HEV) trading at $ 3.95, up 0.17 (4.50%)
Ecotality, Inc. (NasdaqCM: ECTY) trading at $3.82, up 0.17 (4.66%)
EVCARCO (OTCBB: EVCA)) trading at $ 0.02, up 0.0075 (60.00%) on over 4 million shares
Tesla Motors, Inc. (NASDAQ: TSLA) trading at $ 24.28, up 1.21 (5.24%) 12:36PM EST
Valence Technology, Inc. (NASDAQ:VLNC) trading at $ 1.5999, up 0.0399 (2.56%)
ZENN MOTOR COMPANY INC. (CDNX: ZNN.V) trading at $ 1.94, up 0.31 (19.02%)

Market Snapshot
Dow 12,206.28 +44.65 +0.37%
Nasdaq 2,788.26 +4.27 +0.15%
S&P 500 1,322.49 +3.44 +0.26%
10 Yr Bond (%) 3.6480% +0.0040
Oil 87.62 +0.14 +0.16%
Gold 1,366.00 +18.40 +1.37%

Company Snapshots

EVCARCO (OTCBB: EVCA) (www.evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.
About A123 Systems

A123 Systems, Inc. (Nasdaq:AONE) develops and manufactures advanced lithium ion batteries and battery systems for the transportation, electric grid services and commercial markets. Headquartered in Massachusetts and founded in 2001, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology. www.a123systems.com.

Recent News
123 Systems (Nasdaq:AONE) to Supply 20MW of Advanced Energy Storage Solutions to AES Gener for Spinning Reserve Project in Chile

Leading Nanophosphate Lithium-ion Energy Storage Solutions Increase Reliability, Improve Responsiveness and Enhance Efficiency of Electric Power Systems

WATERTOWN, Mass. - February 8, 2011 (www.investorideas.com renewable energy /green newswire) - A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate(TM) lithium ion batteries and systems, today announced an order from AES Gener for 20MW of A123's advanced energy storage solutions for a spinning reserve project in Northern Chile. The project expands the relationship between A123 and AES Energy Storage and is AES' second in Chile to use A123 energy storage technology--in 2009, the companies announced the commercial operation of a 12MW spinning reserve project at AES Gener's Los Andes substation in the Atacama Desert in Chile, the first energy storage system deployed in that country.

"The project will utilize A123 lithium-ion batteries to supply a flexible and scalable emissions-free reserve capacity installation for AES Gener," said Chris Shelton, president of AES Energy Storage. "We are excited to work with A123 to improve the performance and reliability of the Chilean power grid."
Full news; http://www.investorideas.com/news/2011/renewable-energy/02081.asp

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