Tusai Holdings and Tellus Power enter the U.S. market

Irvine, CA  – June 17, 2013

Tusai Holdings, a leading provider of end-to-end energy storage and electronic manufacturing solutions in Europe and Asia announced its entry into the U.S. market with establishment of Tellus Power in Irvine, CA.

With technology acquired from the Austin, TX-based Gridbot Corporation, Tellus will design and manufacture product in the US, offering commercial Level 1 and Level 2 charging stations, DC fast (ChadeMo) and SAE combo charging stations. They are positioned to play a key role in developing the EV charging infrastructure — both in the United States and around the world. With its complete EV product suite — as well as Tusai’s solar, capacitor and battery storage technologies, Tellus will lead innovation in cutting edge, green energy management solutions.

“We anticipate demand for best-in-class green energy management solutions to grow exponentially for U.S. retailers, commercial property owners, and government entities,” said Tellus Power CEO, Bill Wang. “We are committed to help our customers analyze infrastructure costs to minimize capital expenditures, while delivering state-of-the-art technology,” Mr. Wang added.