In October of 2008, founders Dan Johnson and Tim Reeser, motivated by a challenge from Dan?s father, Sam Johnson, assembled a team and started work on a?100 MPG hydraulic hybrid sports sedan. ?They entered the $10 million?Automotive X PRIZE?race for ?super fuel-efficient vehicles that people will want to buy? slated for mid-2010. (Click the X PRIZE above to see the outcome of that competition.)
When we returned from the show we found ourselves at a crossroads. The X PRIZE was becoming prohibitively expensive. We knew that if we could get the car to market we could certainly sell a 100 MPG sports sedan, however the cost of getting to market would be well over $12 million because of all the regulations and testing that would have to occur.
In the process of developing the Hydraulic Hybrid?technology and in an effort to make the system lighter and safer we designed a carbon fiber?accumulator?that?is a fraction of the weight of its steel counterpart.? The Carbon Weight?accumulator is in use in our own system and can be used in a number of other applications.
Source: http://arpingreen.blogspot.com/2013/07/background-on-one-of-our-radio-guest.html
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