ETEC meaning in Business ?

Answer:

What is Electric Transportation Engineering Corporation mean?

ECOtality, Inc., headquartered in San Francisco, California, was an electric transportation and storage technologies company. ECOtality was the parent company of ECOtality North America, Innergy Power Corporation, Fuel Cell Store and ECOtality Australia Pty Ltd.

Ecotality, Inc. was a provider of electric transportation and storage technologies. The Company provided electric vehicle infrastructure products and solutions that are used in on-road, grid-connected vehicles (including plug-in hybrid electric vehicles (PHEV) and battery electric vehicles), material handling and airport electric ground support applications. Through its main operating subsidiary, Electric Transportation Engineering Corporation (eTec), the Company's primary product offering was the Minit-Charger line of advanced battery fast-charge systems that are designed for various motive applications. In addition to its electric transportation focus, Ecotality, Inc. was also involved in the development, manufacture, assembly and sale of specialty solar products, advanced battery systems, and hydrogen and fuel cell systems. Its subsidiaries and primary operating segments consisted of eTec, Innergy Power Corporation (Innergy), and ECOtality Stores (doing business as Fuel Cell Store).

On September 16, 2013 it filed for bankruptcy protection under Chapter 11, Title 11, United States Code. In October 2013, the Car Charging Group, Inc. announced that it had purchased Ecotality's Blink network of charging stations for $3.3 million. Two Ecotality branches—Minit-Charger and Etec Labs—were not included in the purchase: Minit-Charger manufactures quick-charging systems for commercial applications, and Etec Labs conducts tests for the government and OEMs. They were purchased by Access Control and Intertek, respectively.

reference

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