Aussie Solar Car Startup To Unveil The Future Of Transport In Germany

 
 
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Immortus Solar Sports Car Latest Render
 
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* Solar Car
* Electric Car
* Startup

Industry:
* Automotive

Location:
* Melbourne - Victoria - Australia

Subject:
* Features

MELBOURNE, Australia - April 20, 2016 - PRLog -- Barry Nguyen, CEO of world leading solar car startup, EVX Ventures, will travel to Berlin, Germany this April to present groundbreaking perspectives on the future of transport at the IdTechEx Show. The Immortus Solar Sports Car is a platform for developing new electric vehicle technologies that will eventually be implemented in affordable mass produced vehicles. The IdTechEx Show is the world's largest end-user focused technology tradeshow event, and has a component dedicated to Electric Vehicles and E-mobility, which will attract over 2500 industry delegates.

ABOUT EVX VENTURES

EVX Ventures is working together with Swinburne University of Technology's leading electric vehicle R&D group in the quest to build the world's first road-legal solar sports car, the Immortus. At Swinburne, EVX leverages the expertise of engineers with decades of experience in building and racing solar cars in the World Solar Challenge. Electric Vehicle Expert and EVX CTO, Dr Clint Steele, leads a team of over 40 engineers on this exciting journey.

Barry and EVX Ventures are recognized as an international authority on energy independent vehicles (EIVs), which require no power sources external to the vehicle.

See the video summary of EVX Ventures and the Immortus Solar Sports Car on Youtube here: https://www.youtube.com/watch?v=1iWAQmo4eNc



EVX entered the global media spotlight in August 2015 in major media publications such as Forbes {1}  and Fast Company {2}, leading up to an appearance at the SEMA Show In Las Vegas (the world's largest automotive speciality parts tradeshow), and meetings with key contacts in Silicon Valley, drawing praise and recognition from potential customers and business partners within the automotive industry.

EVX Ventures, through its lean approach, continues to break new ground despite being born in the highly conservative local Australian business climate, which has in the last six months struggled to embrace initiatives by new Prime Minister (and former venture capitalist) Malcolm Turnbull to encourage greater innovation and local startup activity {3}.

A primary concern has been the government's apparent focus on the digital tech sector at the expense of other industries, whereas EVX's acknowledgement of local key competencies has enabled it to leverage the strength of Melbourne's expertise as a previous auto manufacturing powerhouse.

"Economist Stephen King says innovation needs to capitalise on the existing Australian economy.

"Driverless cars are all the rage in Silicon Valley ... it is not particularly an Australian issue. But a huge benefit would be long-range, high-speed, driverless truck convoys," he says."

- Sydney Morning Herald, April 2016


EVX expects to utilise the Immortus as a platform for developing key range-extension technologies, which would benefit commercial fleets and mass-produced vehicles. An example of this is the EVX Hybrid Retrofit Kit, which is being developed as an aftermarket performance component that can be installed in existing vehicles to reduce fuel consumption, reduce emissions, and increase range.

THE BIRTH OF ENERGY INDEPENDENT VEHICLES

EVX and the Immortus Solar Sports Car appears as a premiere example of an energy independent vehicle in the IdTechEx market research report "Future Powertrains 2016-2036", which foresees the eventual transition of vehicle powertrains from current ICE (Internal Combustion Engines), HEV (Hybrid Electric) and EV (pure electric) to energy independent vehicles (EIV). This report is summarised in a recent article by technology website Smart2zero.com:

"EIV powertrain impact will be huge from enabling the developing world and remote communities to defense. EIV land vehicles could be a $250bn business in 20-30 years, according to the new report."

- Smart2zero.com {4}


EVX hopes to capitalize on this burgeoning market opportunity, having taken the advantage of being a first-mover and leader in the field of EIVs. The EVX team is currently focused on raising capital and developing a prototype of the Immortus, projected for completion within the next 12 months.

CONTACT:

For more information, please contact EVX Ventures Chief Communications Officer, Byron Lee, via email at byron@evxventures.com

EVX IS ON THE WEB:

Website - www.EvxVentures.com

Facebook - https://www.facebook.com/EVXVentures

LinkedIn - https://www.linkedin.com/company/evx---bespoke-solar-sports-cars

Youtube - https://www.youtube.com/channel/UCBIGuwC4ccmnf0DUWrq1VYg

References

{1} Hicks, J , 2015, "Australian Startup Creates Solar and Electric Powered Luxury Sports Car",  Forbes, viewed 18 April 2016 http://www.forbes.com/sites/jenniferhicks/2015/08/30/australian-start-up-creates-solar-and-electric-powered-luxury-sports-car/#71e37164387c

{2} Schiller, B, 2015, "This Australian Startup is Building a Solar Car that Runs Indefinitely",  Fastco.exist, viewed 18 April 2016 http://www.fastcoexist.com/3050160/this-australian-startup-is-building-a-solar-car-that-runs-indefinitely

{3} Wilkins, G, "Questions raised about Turnbull's Start-up Utopia", Sydney Morning Herald, viewed 18 April 2016, http://www.smh.com.au/business/questions-raised-about-turnbulls-startup-utopia-20160406-go0b7t.html

{4} Happich, J, 2016, "Energy Independent Vehicles: The Biggest Market to Come", Smart2.0, viewed 18 April 2016, http://www.smart2zero.com/news/energy-independent-vehicles-biggest-market-come/page/0/1

Contact
Dr Byron Lee
Chief Communications Officer, EVX Ventures
***@evxventures.com
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Tags:Solar Car, Electric Car, Startup
Industry:Automotive
Location:Melbourne - Victoria - Australia
Subject:Features
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