Friday May 9, 8:37 AM
Torotrak PLC - Consortium Participation
Torotrak PLC
09 May 2008
9 May 2008
Torotrak PLC
("Torotrak" or "the Company")
Torotrak Confirmed as Consortium Member in Low Carbon
Vehicles Innovation
Platform
Torotrak is pleased to confirm its participation in a collaborative project
being funded by the Technology Strategy Board (TSB) and the Department of
Transport through the Low Carbon Vehicles Innovation Platform (LCVIP).
The LCVIP is investing in sixteen new research, development and demonstration
programmes with the dual objectives of accelerating market introduction of low
carbon road transport vehicles and of maximising the benefit to UK business of
that accelerated market penetration.
Torotrak will be a member of a consortium being led by Jaguar Cars Limited,
undertaking the design and development of a mechanical hybrid kinetic energy
recovery system for use in a premium segment passenger car. The mechanical
hybrid system, comprising a flywheel energy storage device and a traction-drive
variable transmission unit connecting the flywheel to vehicle's drivetrain, is
viewed as a cost competitive alternative to other hybrid systems. Other
consortium members, who have all been closely collaborating together to generate
the proposal and development programme, are Flybrid Systems LLP, Ford Motor
Company Limited, Prodrive, Ricardo UK Ltd and Xtrac Ltd.
Torotrak's involvement in the project will include granting the other consortium
members access to the Company's intellectual property and know-how for the
purpose of carrying out the project. In addition, Torotrak will support the
project with analysis and design expertise relating to its variable drive
technology which is central to the function and performance of the proposed
system.
Commenting on the project, Dick Elsy, Torotrak's Chief Executive said "Support
by the TSB for this project will provide an excellent platform for demonstrating
the applicability, benefits and commercial value of mechanical hybrid technology
in mainstream vehicles. Our membership of this consortium provides further
validation of the application of our technology to kinetic energy recovery
systems."
-ends-
About Torotrak
Torotrak is the world leader in full-toroidal traction-drive transmission
technology, focused on the development of IVT (Infinitely Variable Transmission)
and TCVT (Toroidal Continuously Variable Transmission) systems which deliver
outstanding levels of performance, functionality and commercial advantage in
automotive, truck, bus, outdoor power equipment, agricultural and off-highway
applications.
For further information, please visit www.torotrak.com or contact:
Dick Elsy Simon Hudson/Lulu Bridges
Chief Executive, Torotrak Tavistock Communications
Tel: +44 1772 900938 Tel: +44 20 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
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