The demand for EDI's solutions in both the PHEV/HEV and CVT market is being driven by significant market forces including: competition for oil supplies, increasing fuel costs, requirements for reduced emissions, concerns over energy security, and strong demand for clean vehicle and lower fuel consumption solutions by commercial fleet owners and consumers worldwide.
In the U.S. highly respected research organizations such as Pike Research and Frost & Sullivan have projected high double digit and continued high growth for both PHEV and HEV drivetrain solutions beginning in 2010 and extending to at least 2020. EDI is also pursuing opportunities and establishing business relationships in international geographies.
MARKET FORCES:
The current worldwide effort to develop and introduce plug-in hybrid electric vehicles (PHEV) is being driven by numerous significant and ongoing forces including:
The cumulative impact and momentum of these forces has created a "perfect storm" of opportunity for the types of solutions and technologies that Efficient Drivetrains' (EDI) principals have been working on for many years and over several generations of vehicle design and construction.
EDI's POSITIONING:
EDI develops and markets a range of proprietary products and technologies which have direct applications in Plug-in Hybrid Electric (PHEV) vehicles, Hybrid Electric Vehicles (HEV), and Battery Electric Vehicles (BEVs), across nearly all platforms classes and configurations including: light duty consumer and professional sedans and SUVs, medium duty trucks and delivery vans, buses, 2 and 4 wheel drive configurations, and legacy vehicle conversions.
The company's products are aimed at mainstream PHEV, HEV, and BEV opportunities and include: Drivetrain architectures, controllers, control software and algorithms, high efficiency continuously variable transmissions (CVT's), clutching systems, battery modules (with partners), prototype drivetrains and systems, proof of concept vehicles, and other critical components sourced from strategic partners. EDI's strategy is to provide a portfolio of PHEV/HEV/BEV solutions and components that are "building blocks" for all types of EVs that produce above average product margins.
Prospects for the company's solutions includes: OEM vehicle manufacturers, suppliers, government fleet owners, commercial fleet operators, conversion companies, drivetrain producers, PHEV and EV startups, and other automotive companies worldwide.