Press release
Source: Quantum Fuel Systems Technologies Worldwide
IRVINE, Calif.,-- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that it has signed a $10.2 Million contract for Phase III development of plug-in hybrid powertrains for Fisker automobiles. This contract will enable Quantum to manage production validation of the Q-Drive plug-in hybrid system and ready it for volume production in 2010.
Phase III includes the continuation of engineering development and completion of validation of the powertrain and consists of high altitude, durability, hot and cold weather testing. Phase III development and validation will lead to the launch of production.
Quantum has developed an advanced version of its Q-Drive PHEV system which has been optimized to maximize the performance of the Fisker KARMA, a luxury sports sedan, and the KARMA S "Sunset," a coupe/convertible. The Quantum Q-Drive includes a gasoline powered engine/generator set which yields high efficiency with very low emissions. The lithium ion battery pack and electric traction motor drive system allow the KARMA to drive 50 miles all electrically and achieve excellent fuel economy in hybrid mode.
photo:Fisker Automotive
Source: Quantum Fuel Systems Technologies Worldwide
IRVINE, Calif.,-- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that it has signed a $10.2 Million contract for Phase III development of plug-in hybrid powertrains for Fisker automobiles. This contract will enable Quantum to manage production validation of the Q-Drive plug-in hybrid system and ready it for volume production in 2010.
Phase III includes the continuation of engineering development and completion of validation of the powertrain and consists of high altitude, durability, hot and cold weather testing. Phase III development and validation will lead to the launch of production.
Quantum has developed an advanced version of its Q-Drive PHEV system which has been optimized to maximize the performance of the Fisker KARMA, a luxury sports sedan, and the KARMA S "Sunset," a coupe/convertible. The Quantum Q-Drive includes a gasoline powered engine/generator set which yields high efficiency with very low emissions. The lithium ion battery pack and electric traction motor drive system allow the KARMA to drive 50 miles all electrically and achieve excellent fuel economy in hybrid mode.
photo:Fisker Automotive