For example, pursuant to
their supply agreement with Magna Steyr, they are providing batteries for use in
battery systems developed by Magna Steyr for deployment in the Volvo 7700
Hybrid bus. In addition, they have a development and supply agreement with
BAE Systems, pursuant to which they are in volume production for battery
systems for BAE Systems’ “Hybridrive” propulsion system, which is currently
being deployed in Daimler’s Orion VII hybrid electric buses. They have also been
selected to develop the battery system for an additional Daimler hybrid electric
bus program