Magnetic Power Modules and the Hybrid Electric Vehicle
Date: Friday, August 26, 2005 @ 13:37:05 UTC
Topic: Investors
We are getting a glimpse of the future in the increasing number of Toyota Prius cars that have been converted to plug-in systems with added batteries. These plug-in hybrid electric vehicles get more than 100 mpg. Some exceed 150 mpg.
City, town and up to 50 miles of freeway driving is done using electric power. These cars need refueling with gasoline only when driven long distances. Hybrids such as the Prius are popular. Moving toward a Magnetic Power Module replacing the need to plug-in can be viewed as a logical next step.
A NASA news release (3-30-05) states: "zero point energy", a potentially bottomless sea of invisible, ultra-powerful energy in the vacuum of space. Work involving the science and technology relating to this new energy source has surfaced in Germany, India, Japan, the U.K., Australia, and Russia, as well as the United States. Our company, Magnetic Power Incorporated (MPI), based in Sebastopol, California, is one of several developing technology that converts Zero Point Energy (ZPE) to electricity. NASA data suggests that ZPE can provide far more than 20 times the power available from solar energy, at any point on earth, 24/7. ZPE is an unlimited, renewable, largely unrecognized, power source.
A 1 kW (1,000 watt) generator, such as MPI is developing for homes and emergency power, could eliminate the need to plug-in a rechargeable hybrid. This would provide all the advantages without needing to plug-in to the utility grid. The result will be the first step toward driving automobiles, trucks and busses, without any need for gas or oil whatsoever.
One MPI objective, anticipated during 2006, is production of 1 kW Modules by our Strategic Partner. One of these Modules, installed in a hybrid car, would eliminate any need to plug-in, and allow up to 50 miles of driving at freeway speeds. The first example of this breakthrough MPI automotive power system could be on the road before the end of next year.
Mark Goldes
Chairman & CEO
© 2005 Magnetic Power Inc. All rights reserved.
|
|