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Raser Technologies (Provo, UT) to join Advanced Hybrid Vehicle Development Consortium research-development group

Raser Technologies Inc. http://www.rasertech.com/ will join a few other companies who will work together as participants in a cooperative research and development consortium called the Advanced Hybrid Vehicle Development Consortium.

The consortium is expected to be made up of suppliers who intend to work together with participating automobile manufacturers to coordinate the development of key components and demonstrate these advanced technologies in a next-generation, electric-motor-dominant, plug-in hybrid electric vehicle.

Raser develops and licenses electric motor, electric motor drive and related technologies. Others involved in the consortium are California-based electric and gas utility companies, Maxwell Technologies Inc. and Electrovaya Inc.

http://deseretnews.com/dn/view/0,1249,600160080,00.html

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