A technology company is showing off its 100 mile-per-gallon Hummer to Wall Street. Lester Graham reports:
Transcript
A technology company is showing off its 100 mile-per-gallon Hummer to Wall Street. Lester Graham reports:
Today, the honor of ringing the opening bell at the New York Stock Exchange went to Raser Technologies – and the company brass parked a Hummer-H3 out front.
It’s powered by Raser’s completely electric drive-train. The system uses a gas-powered engine, but only for generating electricity to recharge the battery.
David West is the Vice President of Marketing at Raser Technologies. He says they modified a Hummer, but that’s just one example.
“It was designed appropriately not just for the Hummer H-3, but it’ll power a Ford F-150, a Chevy Silverado, a Dodge 1500. These are the top-selling vehicles in America.”
Raser Techonologies side-steps questions about price, saying if automakers used the system in a production model, a vehicle’s price would be in the range of a fully-equipped pick-up or SUV.
For The Environment Report, I’m Lester Graham.