ALTERNATIVE ENERGY NEWS
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Quantum Fuel Systems secures $1.37 million grant
The funding will be used to introduce the Irvine-based firm's newest plug-in hybrid electric systems.
By Kristen SchottPublished: May 23, 2011 01:31 PM
The state's Energy Commission has given Quantum Fuel Systems Technologies Worldwide $1.37 million to introduce the next stage of the firm's plug-in hybrid electric systems. The project is expected to speed up the mass implementation of such technologies through increased operational efficiencies and lower costs, according to the Irvine-based alternative-energy firm.
"We are excited about the potential of our new-generation products that have a chance to change the way we drive," said Alan P. Niedzwiecki, president and CEO of the company.
Quantum plans to use the funds for product validation and to create a pilot manufacturing line that will help advance the development of the hybrid electric products, which will be produced at the company's Lake Forest tech center.
Quantum makes advanced propulsion systems, energy storage technologies and alternative-fuel vehicles. The company's Q-Drive plug-in hybrid electric system is found in Fisker Automotive's luxury Karma sedan. Quantum also recently launched a new truck platform that runs on its F-Drive technology.
"We thank CEC for their continued support of innovation in clean energy technologies that helps to increase America's competitiveness and create jobs," said Niedzwiecki.
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"We are excited about the potential of our new-generation products that have a chance to change the way we drive," said Alan P. Niedzwiecki, president and CEO of the company. Quantum plans to use the funds for product validation and to create a pilot manufacturing line that will help advance the development of the hybrid electric products, which will be produced at the company's Lake Forest tech center. Quantum makes advanced propulsion systems, energy storage technologies and alternative-fuel vehicles. The company's Q-Drive plug-in hybrid electric system is found in Fisker Automotive's luxury Karma sedan. Quantum also recently launched a new truck platform that runs on its F-Drive technology. "We thank CEC for their continued support of innovation in clean energy technologies that helps to increase America's competitiveness and create jobs," said Niedzwiecki. Related headlines Kofax plans to buy imaging software developer OC METRO, April issue: 'The value of green' OC METRO, April issue: '2011 Cadillac CTS-V Coupe' |
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