Raser Technologies to Demonstrate 100 mpg Hummer Extended-Range Electric Vehicle
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WASHINGTON May 19, 2009; Raser Technologies, Inc., a leading energy technology company, announced today that its 100 mpg Electric Hummer H3 will be demonstrated at the United States Capitol tomorrow, Wednesday, May 20, 2009, at 2 p.m. EDT. Members of Congress are invited test drive the vehicle.
Senator Orrin Hatch (R-UT) will introduce the vehicle and comment on the role new technology can play in an American automotive recovery at the event to be held on Capitol Hill at the Upper Senate Park. Kraig Higginson, chairman of Raser Technologies, and Gary Rogers, president of FEV, Inc., will answer questions and tell members of Congress about the vehicle.
“We believe this vehicle may hold the key to solving the most important challenges facing the nation by reducing our dependency on foreign oil, addressing climate change, and reinvigorating American manufacturing with American technology,” added Higginson.
The Electric Hummer H3 was developed by Raser Technologies and its integration partner FEV in cooperation with General Motors and its Hummer division. “Americans value the versatility of trucks and SUVs, the number one selling vehicles in America, but we also want to do what’s right for the environment,” said Kraig Higginson. “This vehicle demonstrates that through innovation, we can do both.”
The full-size SUV is a four-wheel drive vehicle designed to achieve more than 100 mpg in typical local daily driving with near zero emissions by driving up to 40 miles per day in all-electric mode. For extended trips, a small internal combustion engine (range extender) kicks in to recharge the batteries.
“The powertrain in this vehicle can be applied to most trucks & SUVs, and is ideal for fleets, contractors and small business owners,” said David West, Raser’s vice president of marketing. “It delivers the payload of a pickup truck with better gas fuel economy than a Prius.”
Gary Rogers, president of FEV, Inc., and a member of the National Research Council’s Committee on the Effectiveness of Corporate Average Fuel Economy (CAFÉ) Standards, said, “Because most Americans drive less than 40 miles a day, this powertrain technology could have an enormous impact on reducing the amount of gasoline consumed every day, and support President Obama’s initiative to achieve significant improvements in fuel economy across all sectors of the light-duty fleet, including trucks and SUVs.”
The vehicle demonstration and press event will be held on Capitol Hill at the Upper Senate Park on the corner of Constitution and Delaware at 2 p.m. EDT.
More information on the Raser Hummer E-Rev can be found at www.rasertech.com/hummer. Raser will hold a number of media interviews at the Capitol in conjunction with this ceremony.
About Raser Technologies
Raser is an environmental energy technology company focused on geothermal power development and technology licensing. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation & Industrial segment. Raser’s Transportation & Industrial segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
About FEV, Inc.
The FEV Group is an internationally recognized powertrain and vehicle engineering company that supplies the global transportation industry. FEV offers a complete range of engineering services, providing support across the globe to customers in the design, analysis, prototyping, powertrain and transmission development, as well as vehicle integration, calibration and homologation for advanced internal combustion gasoline-, diesel-, and alternative-fueled powertrains. FEV also designs, develops and prototypes advanced vehicle / powertrain electronic control systems and hybrid-electric engine concepts that address future emission and fuel economy standards. The FEV Test Systems division is a global supplier of advanced test cell, instrumentation and test equipment. The FEV Group employs a staff of over 1,800 highly skilled specialists at advanced technical centers on three continents. FEV, Inc. employs approximately 300 personnel at FEV’s North American Technical Center in Auburn Hills, Mich.