GM and Cobasys sign Battery Contract

Cobasys Confirms Production Contract for 2008 Chevrolet Malibu Hybrid Sedan

Orion, MI, March 13, 2007–Cobasys, a leading supplier of advanced integrated energy storage solutions, today confirmed that they have been chosen to provide their NiMHax® Nickel Metal Hydride (NiMH) battery system for General Motors’ redesigned 2008 Chevrolet Malibu Hybrid Sedan unveiled at the 2007 North American International Auto Show in Detroit.

The Chevrolet Malibu arrives in showrooms in fall, 2007 and will feature the same hybrid system that powers the Saturn Vue Green Line SUV and 2007 Saturn Aura Green Line mid-size sedan. The Malibu hybrid combines sophisticated controls and a unique electric motor / generator mated to their 2.4L Ecotec four-cylinder engine and the Cobasys NiMHax®battery system, leading to substantial fuel economy gains.

Coabasys website