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Automotive Industry Process News
News Release from: Parker Hannifin
Edited by the Processingtalk Editorial
Team on 15 November 2004
Parker Hannifin invests in electric
scooters
Parker Hannifin has announced that it is making an equity investment in Vectrix Corporation, a leading-edge zero-emission vehicle company that manufactures high-performance electric scooters
Parker Hannifin engineers system solution for Vectrix electric scooter Parker Hannifin has announced that it is making an equity investment in Vectrix Corporation, a leading-edge zero-emission vehicle company that manufactures high-performance electric scooters
This article was originally published on Processingtalk on 19 Jun 2008 at 8.00am (UK)
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The Parker investment will help Vectrix to begin production of the world's first full-size, high-performance, long-range, low-emission electric scooter.
Parker has worked closely with Vectrix over the past two years to develop the Vectrix battery-powered electric scooter.
It will offer urban commuters a clean, quiet and comparably priced alternative to petrol-powered scooters.
Demand is expected to be strong as urban centres around the globe strive to reduce air and noise pollution, traffic congestion and fossil fuel consumption.
"With engineering resources from 12 Parker divisions supporting the Vectrix scooter project, this truly is a premier example of Parker's systems capabilities," said Parker Automation Group President Bob Bond.
Parker and Vectrix recently unveiled the second generation of the scooter, which integrates a fuel cell system with the battery-powered electric scooter.
The fuel cell/electric hybrid scooter, known as the VX-FCe, is expected to be launched in major cities throughout Europe and the United States in the next two to three years, making it the first commercially viable fuel cell powered vehicle.
"Part of our long-term strategy is to invest in innovative technologies and growth markets.
Fuel cell technology offers much promise for the future and the hybrid scooter demonstrates Parker's ability to provide customers with integrated system solutions," said Parker's Craig Maxwell, vice president, technology and innovation. Request free introductory details about products from Parker Hannifin ...
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