SOURCE: Efficient Drivetrains Inc.

Efficient Drivetrains Inc.

August 07, 2012 06:00 ET

EDI Triples Size of PHEV and CVT Development Center

Increased Number of Projects Drives Staff and Facilities Expansion

PALO ALTO, CA--(Marketwire - Aug 7, 2012) - Efficient Drivetrains, Inc. (EDI), a global leader in advanced, high-efficiency PHEV and CVT solutions, today announced it has expanded its Dixon, CA Research, Development & Demonstrations Center to accommodate an expanding staff and number of projects for 2012. 

A second Dixon development facility will be used to house new projects, test equipment, and demonstration gear for EDI's continuously variable transmission (CVT) systems and drivetrains. The expansion will also provide the space needed for the construction of a series of vehicles being designed for global market opportunities.

"EDI has enjoyed a strong working relationship with the City of Dixon," said Joerg Ferchau, CEO of EDI. "They have supported and believed in us since our start-up days back in 2008, and we are excited about opening a second center here. This will accommodate our growing engineering unit, which has doubled in size."

By tripling the facility size and expanding the R&D team, EDI is well prepared to support new market and customer opportunities. This follows closely on the heels of the opening of the EDI New Energy Automotive Technology Company (EDI NEAT), located in Wuxi, China, where EDI is working closely with government and auto manufacturers following the China Government's mandate to manufacture New Energy Vehicles (NEVs) that will use electricity instead of gasoline and Diesel.

The additional workspace and personnel in Dixon will give EDI the capacity to complete development programs and pursue customer opportunities through several new programs. The company is currently developing hybrid drivetrain systems, new drivetrain software and components, next generation continuously variable transmissions, and conducting ongoing New Energy Vehicle research.

About EDI:

Efficient Drivetrains, Inc. (EDI) develops and markets a range of state-of-the-art proprietary drivetrain products and technologies that have direct application in PHEVs, HEVs, and BEVs worldwide. EDI's leading edge hybrid electric drivetrain systems and technologies provide significant cost and efficiency advantages for parallel and series hybrid drivetrain architectures across nearly all platform classes and configurations. In addition, EDI has developed a game-changing technology for new types of continuously variable transmissions (CVT) that are the most efficient and largest capacity transmissions of their type in the industry today. EDI is currently active in automotive projects throughout North America and the APAC region. More information about EDI is available at http://www.efficientdrivetrains.com

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