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July 5, 2007

Balqon Consolidates Operations With New California Location

Power Channels: Automotive Electronics

Balqon Corp., a developer and manufacturer of electric vehicle technologies, announced that it has consolidated its R&D, engineering and manufacturing operations to a new location in Santa Ana, California. Through this location the company intends to streamline its product development efforts and reduce time to market on its innovative electric vehicle drive technologies targeted to address high load cargo transportation applications.

"With our Electric Terminal tractor product launch date of September 2007 it was vital for us to consolidate operations into a single facility," said B Samra, Chief Executive Officer, Balqon Corp.. "The new facility provides us capabilities to ramp up production of our current products while providing us additional growth space for our future products to be released in early 2008. Our ability to rapidly develop and implement our innovative technologies into new product configurations will be further enhanced by our investment into this new facility."

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Balqon is a developer and manufacturer of electric vehicles used for transportation of cargo in on-highway and off-highway applications. Committed to developing advanced vehicle drive systems, Balqon has developed drives and energy systems to be used in towing and cargo carrying applications worldwide. The company recently received a contract to develop electric terminal tractors capable of transporting 60,000 lb. of cargo load in short haul port and warehouse applications.

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