Balqon Corporation - BLQN

Balqon Corporation develops and manufactures heavy duty electric vehicles, drive systems, and lithium battery energy storage systems worldwide. It offers battery powered electric trucks and tractors, including Nautilus XRE20, a heavy-duty electric yard tractor; Nautilus MX30, a heavy-duty, Class 8 electric short-haul tractor; and Mule M100, a medium-duty electric truck. The company also offers electric drive systems for use in original equipment manufacturers (OEMs) electric buses, trucks, tractors, industrial forklifts, delivery vans, inner city delivery vehicles, and material handling equipment; variable and fixed frequency inverters and controllers under ZEVQON brand for use in electric buses, mining equipment, military vehicles, airport ground support equipment, delivery vans, trucks, tractors, and automobiles; high frequency fast chargers for electric vehicle and energy storage applications; and battery management systems. In addition, it distributes lithium yttrium iron phosphate batteries; and offers energy storage systems that provide storage and supply of electrical energy generated by solar, wind, geothermal, or grid under HIQAP brand. The company sells its trucks and tractors through a direct sales force and dealers; and battery related products and accessories through its online store and retailers of energy storage products. Balqon Corporation markets, sells, and services its electric vehicles primarily to port authority, manufacturers, distribution warehouses, and military, as well as to local, state, federal governments; electric drive systems to the OEMs of heavy duty trucks, tractors, and buses; and electric vehicle components to electric truck and bus manufacturers, and industrial equipment manufacturers. The company sells its lithium battery energy storage systems to OEMs of solar, wind, and telecommunication products. Balqon Corporation is based in Harbor City, California.