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Technology in New Electric Hummer Could Drive Bold Leap Ahead for U.S. Automakers, Making Popular Trucks & SUVs ‘Greener Than a Prius’
Raser Technologies, Inc. unveiled a 100+ mpg Hummer H3 powered by Raser’s plug-in hybrid E-REV (Extended-Range Electric Vehicle) at the 2009 SAE International World Congress, Cobo Center, Detroit, MI.
Raser developed the 100+ mpg Electric H3 demonstration vehicle working closely with Hummer. Just one year ago at the 2008 SAE World Congress, Raser and its development partner FEV Inc., Auburn Hills, MI, a leading automotive integrator, introduced Raser’s E-REV power train, similar in function to the Chevy Volt but designed for use in a variety of larger full-sized SUVs and light trucks. The vehicle was developed in association with the Plug-in Hybrid Development Consortium, co-founded by Raser along with leading electric utilities, lithium ion battery companies and other automotive technology companies.
Raser CEO Brent M. Cook said, “The technology in this electric-powered Hummer is a leap ahead for U.S. Automakers. It could make the nation’s popular light trucks and SUVs greener than a Prius.”
The vehicle has performed well in initial test drives and dynamometer testing conducted by FEV. Video from recent test drives of the 100+mpg H3 is available online: http://rasertech.com/hummer
The plug-in electric Hummer H3 has a range of about 400 miles, driving its first 40 miles exclusively on batteries before turning on its combustion generator. Most vehicles drive fewer than 40 miles a day, most drivers would rarely use gas and average more than 100 mpg in gas fuel economy over time.
Raser’s E-REV power train was designed for most full-sized 4WD SUVs and light trucks, which represent nearly half of the vehicles on U.S. roads today because of their versatility and wide application in fleets.
“We chose the Hummer H3 and H3T as demonstration vehicles because trucks and SUVs are the best-selling vehicles in America and can benefit the most from increased fuel economy and reduced emissions,” said Cook.
The Electric Hummer H3 is propelled entirely on electricity by Raser’s 200kW advanced AC induction motor connected to a 4WD transmission. A small high efficiency EcoTech engine uses Raser’s 100KW electric generator to recharge the batteries while driving and provides additional electric power when needed.
“Our goal was to demonstrate that electric vehicle technology is a viable solution for a variety of vehicle platforms,” said Gary Rogers, president and chief executive officer of FEV. “This full-sized SUV extended-range electric vehicle shows that fuel economy in larger vehicles does not mean sacrificing power and utility.”
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BERLIN -(Dow Jones)- Greece faces a funding gap of around EUR110 billion over the next three years, according to the details of a bailout plan from the International Monetary Fund and the European Union seen by Dow Jones Newswires Sunday.
Earlier Sunday, Greek Finance Minister George Papaconstantinou said that the new measures imposed to secure access to the unprecedented bailout package are the harshest and most austere ever imposed in European history.
The plan, dated May 2, didn't give details of how much each euro-zone country and the IMF will give in loans.
"We anticipate covering the program's financing requirements with financial support from euro-area member states and the IMF while strengthening access to the private capital market," the document said.
"Notwithstanding the significant fiscal adjustment, we project a public financing gap of around 110 billion (euros), for the program period, which we expect to cover through matching bilateral lending support from euro area member states and through IMF support," said the plan.
According to the document...Read more:
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