News: Zenn Motor Company Inc. (ZNN.V)

ZNN.V on TSX Venture Exchange

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Mon, Dec 7 2009

UPDATE 1-Zenn to stop producing low-speed electric cars

* Company to focus on commercializing electric drivetrains

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Zenn stuck in neutral, awaits electric car battery

TORONTO (Reuters) - Zenn Motor Co says it is on the verge of a battery breakthrough that could drive the tiny Canadian company into the automotive big leagues, but not as a maker of electric cars.

Zenn shares skid as economy, oil prices dent sales

TORONTO (Reuters) - Shares of Zenn Motor Co tumbled as much as 17.6 percent on Friday after the maker of electric cars reported a deeper quarterly loss and a big drop in revenue as the weak economy and low oil prices cut into sales of its zero-emission vehicles.

UPDATE 1-Zenn shares skid as economy, oil prices dent sales

* Sold 19 low-speed vehicles in quarter vs year-earlier 67

Ontario rebates aim to spark electric car sales

TORONTO (Reuters) - The province of Ontario moved on Wednesday to reduce the sticker shock of plug-in hybrid and battery-electric vehicles by offering rebates of between C$4,000 ($3,570) and C$10,000, starting July 1, 2010.

REFILE-UPDATE 1-Ontario rebates aim to spark electric car sales

(Refiles to correct title in 11th paragraph to market manager from marketing manager)

Ontario to offer big rebates on electric cars

TORONTO, July 15 (Reuters) - The province of Ontario said on Wednesday it would offer rebates of between C$4,000 ($3,570) and C$10,000 for plug-in hybrid and battery-electric vehicles bought after July 1, 2010.

Shoots sprout in Canada's green sector

OTTAWA (Reuters) - Canada's alternative energy sector is showing signs of a budding recovery, as companies resurrect financing deals and public offerings that withered with the recession, but that revival remains very fragile.

RPT-BAY STREET-Green shoots start to sprout in green sector

OTTAWA, June 29 (Reuters) - Canada's alternative energy sector is showing signs of a budding recovery, as companies resurrect financing deals and public offerings that withered with the recession, but that revival remains very fragile.

BAY STREET-Green shoots start to sprout in green sector

OTTAWA, June 28 (Reuters) - Canada's alternative energy sector is showing signs of a budding recovery, as companies resurrect financing deals and public offerings that withered with the recession, but that revival remains very fragile.

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