Raser and Tecstar Sign Agreement to Manufacture of 100+ mpg Plug-In Hybrid Vehicles
Unternehmen und Markt
Montag, den 10. März 2008 um 22:28 Uhr
Raser Technologies announced that it signed a memorandum of understanding (MOU) with Tecstar, LP and Wheel to Wheel, LLC, outlining their intent to work together with Raser to manufacture plug-in hybrid electric vehicles (PHEV) for utility, government, and other fleets.
Raser plans to have Tecstar convert popular SUV and light truck vehicles to 100 mpg plug-in series hybrid vehicles with 40 mile all electric range using Raser’s Symetron electric powertrain technology and integrated series hybrid drive system to fulfill soft orders by utility, government and other green fleets.
Tecstar has the capacity to build up to 60,000 vehicles per year at its four production plants located in Texas, Louisiana, Indiana and Ontario. Raser recently signed agreements with a leading global automobile manufacturer and a leading automotive engineering system integration partner, FEV, to develop a 100 mpg plug-in series hybrid SUV using Raser’s technology. Raser and FEV plan to demonstrate this vehicle later this year. In addition, Raser recently signed an agreement to sell plug-in series hybrid SUVs to Pacific Gas & Electric (PG&E), a leading California utility, for fleet demonstration and validation. After successful demonstration and testing with PG&E, Raser plans to sell 100 mpg PHEV vehicles to other green fleets.
In addition to being able to drive 40 miles in all-electric mode under battery power, with near zero emissions, fleet versions of this extended range electric vehicle are expected to also offer up to 100 kw of mobile power from the built-in generator, a highly valued feature by utility and other fleets.
Both Wheel to Wheel and Tecstar were acquired by WB Automotive Holdings in January 2008 from Quantum Fuel Systems Technologies Worldwide.
(Source and Image: Raser Technologies)