ETV Motors powers up with $12M for longer-range hybrid engines
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… Continue Reading
Adura Systems gets investment for stealth series hybrid concept
Adura Systems, a stealth mode startup developing series hybrid engine technology for the next generation of hybrid cars, has attracted an undisclosed amount of funding in a strategic investment from wind developer New Frontier Renewable Energy.
The series hybrid car has been gaining attention, despite the success of the parallel hybrid engine which is used in the Prius and other current hybrid vehicles. A series plug-in relies entirely on electricity for drivetrain power, while the fuel-burning… Continue Reading