Profile: HPEV Inc (WARM.PK)
30 Jan 2015
HPEV, Inc. (HPEV) incorporated on July 22, 2002, is a development-stage company. The Company has developed and intends to commercialize dispersion technologies in various product platforms, and have developed and intend to commercialize an electric load assist technology around which it as designed a vehicle retrofit system. The Company’s technologies are divided into three distinct but complementary categories: heat dispersion technology, mobile electric power and electric load assist.
Heat Dispersion Technology
Heat is an undesirable byproduct of anything that moves especially motors and generators. Heat can destroy motors, generators and many other types of machinery, and the energy necessary to remove heat can limit output. The Company also plans to incorporate heat pipes in vehicle components which generate heat such as brake calipers, resistors and rotors. The new brake components should be incorporated in the initial conversion vehicle.
Mobile Electric Power
The Company has a gearing system for its Electric Load Assist (ELA) which may also be used to power an on-board generator, eliminating the need for some commercial vehicles to tow a mobile generator to a work site. The Company intends to offer an on-board generator installation kit as a stand-alone (Mobile Generator) and as part of a hybrid conversion (Ultimate Work Truck). Its revenue model for the mobile electric power generation is to rely on either direct sales or indirect sales through a network of distributors.
Electric Load Assist Technology
The Company has also developed ELA technology. The technology is the centerpiece of its vehicle retrofit system (separate and apart from its heat pipe technology and heat dispersion product development partnerships), which also relies on the benefits of heat removal by composite heat structures and heat pipe architecture and is protected by patents and patents-pending. If either the electrical system or the internal combustion engine fails, an ELA vehicle can operate on the remaining system.
The Company competes with Ford, GM, Volvo, Honda and Toyota.
SUITE 300, 8875 HIDDEN RIVER PAR
TAMPA FL 33637