Right Lane Cruiser
04-29-2009, 08:47 AM
http://www.cleanmpg.com/photos/data/2/Israeli_flag.jpg ETV’s recent round of funding was led by Quercus Trust, and included 21 Ventures. (http://venturebeat.com/2009/04/28/etv-motos-powers-up-with-12m-for-better-hybrid-electric-engines/)
http://www.cleanmpg.com/photos/data/501/Hymotion_PHEV_Pack.jpgCamille Ricketts - VentureBeat (http://venturebeat.com) - April 28, 2009
Interesting tech. --Ed.
ETV Motors, an Israeli company developing alternative powertrains for hybrid-electric vehicles, has raised $12 million in a first round of funding to fuel further research. If successfully launched, its “micro-turbine” technology could be disruptive, causing plug-in hybrid-electric vehicle (PHEV) makers to abandon the internal combustion engines they have long relied upon.
Basically, the company has miniaturized airplane turbines, which produce both heat and electricity, yet are lighter and more compact than normal gas-powered engines. It claims these devices can charge the lithium-ion batteries used in PHEVs more quickly and efficiently, allowing the vehicles to drive much farther than standard engine models allow. ETV is still modifying its prototype, but says it should have a fully functional model making the rounds by next year. In the meantime, it is also working on its own 4.7-volt lithium-ion battery.
The company’s timing is on point for now, with major automakers like General Motors, Mitsubishi and Toyota planning to roll out PHEVs of their own by the end of 2010. Whether or not it will seek deals with these names or others right away is unclear, though it... http://venturebeat.com/2009/04/28/etv-motos-powers-up-with-12m-for-better-hybrid-electric-engines/
http://www.cleanmpg.com/photos/data/501/Hymotion_PHEV_Pack.jpgCamille Ricketts - VentureBeat (http://venturebeat.com) - April 28, 2009
Interesting tech. --Ed.
ETV Motors, an Israeli company developing alternative powertrains for hybrid-electric vehicles, has raised $12 million in a first round of funding to fuel further research. If successfully launched, its “micro-turbine” technology could be disruptive, causing plug-in hybrid-electric vehicle (PHEV) makers to abandon the internal combustion engines they have long relied upon.
Basically, the company has miniaturized airplane turbines, which produce both heat and electricity, yet are lighter and more compact than normal gas-powered engines. It claims these devices can charge the lithium-ion batteries used in PHEVs more quickly and efficiently, allowing the vehicles to drive much farther than standard engine models allow. ETV is still modifying its prototype, but says it should have a fully functional model making the rounds by next year. In the meantime, it is also working on its own 4.7-volt lithium-ion battery.
The company’s timing is on point for now, with major automakers like General Motors, Mitsubishi and Toyota planning to roll out PHEVs of their own by the end of 2010. Whether or not it will seek deals with these names or others right away is unclear, though it... http://venturebeat.com/2009/04/28/etv-motos-powers-up-with-12m-for-better-hybrid-electric-engines/