Friday, November 09, 2007
Raser Teams with Leading Automotive Integrator to Develop a PHEV Using Symetron Technology
More Than 100 Miles Per Gallon Targeted.
Raser Technologies, Inc. (NYSE Arca: RZ) announced today that it has signed an agreement appointing FEV Engine Technology, Inc., one of the world’s leading developers of advanced powertrain and vehicle technologies, as the integrator for an advanced plug-in-hybrid electric demonstration vehicle, incorporating Symetron™ electric motor and power electronic drive powertrain technology. The vehicle is targeted to achieve more than 100 mpg for the typical American driver while dramatically reducing harmful fuel emissions. Read Article
Raser Technologies, Inc. (NYSE Arca: RZ) announced today that it has signed an agreement appointing FEV Engine Technology, Inc., one of the world’s leading developers of advanced powertrain and vehicle technologies, as the integrator for an advanced plug-in-hybrid electric demonstration vehicle, incorporating Symetron™ electric motor and power electronic drive powertrain technology. The vehicle is targeted to achieve more than 100 mpg for the typical American driver while dramatically reducing harmful fuel emissions. Read Article
