INVESTORS are being asked to back a fundraising campaign to take a zero-emission all-terrain electric vehicle prototype into the next stage of development.
EMotive chiefs are bidding to raise the cash to start production of their alternative to the Mercedes Benz Unimog, which uses a unique smart power delivery system to provide pure electric drive to individual wheels.
With more than £200,000 already pledged, investors will receive stocks for their cash and also be able to drive the vehicle on a Land Rover Experience course to see it being put through its paces.
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Founder Bruce Palmer said: “Our technology has been developed to enable businesses to adopt a cleaner way of working, where businesses can meet their CSR responsibilities and put effective plans in place to future-proof their all-terrain medium-sized off-road commercial and adventure vehicles, while reducing fuel costs by a fifth."
While new cars and vans must comply with the UK Government’s zero emissions at the tailpipe targets by 2035, the next big focus will be light and medium weight commercial and off-road works vehicles, which is why EMotive has been designing and developing its disruptive electric platform for 6-12 tonne ATVs.
The Government’s long-awaited Transport Decarbonisation Plan, released on 14 July 2021, backs this view up, with proposals to end the sale of trucks powered by fossil fuels. Under the plan, 2035 has been set as the end date for the sale of new internal combustion engine (ICE) vehicles weighing from 3.5 to 26 tonnes.
Elsewhere, increasing stringency in the emission standards for off-highway vehicles has been implemented by government authorities, such as emission standards for greenhouse gas (GHG) emissions by the U.S. Environmental Protection Agency (EPA), BS-VI in India and China VI.
Bruce continued: “The undeniable truth is that increasingly stringent regulations are on the horizon.
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"The world’s governments are focusing on decarbonising energy use to meet their climate targets, and that will force change.
“Our vision is to lead a sector where eco-tourism will demand all-terrain e-vehicles that are capable of carrying multiple passengers, and where CSR will drive change in corporate entities such as airports."
Investors interested in the EMotive Crowdcube fundraise can find out more at: https://www.crowdcube.com/emotive
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