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Tesla co-founder Ian Wright snags FedEx for new hybrid engines – Wrightspeed

Ten years ago, Ian Wright was trying to electrify the sports car with a startup he helped create — Tesla Motors.

Now the entrepreneur has set his sights on delivery vehicles and garbage trucks.

Wrightspeed http://wrightspeed.com/ , Wright’s company in San Jose, builds a kind of advanced hybrid powertrain for medium- and heavy-duty vehicles. And the business has just landed its biggest deal to date: an order of 25 powertrains from global delivery giant FedEx. The company has already tried out Wrightspeed’s technology in two of its trucks and liked it enough to commission more.

By David R. Baker

Full Story: http://www.sfgate.com/business/article/Tesla-co-founder-Ian-Wright-snags-FedEx-for-new-5792082.php

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