Sunday 8 August 2010

W2 Energy Acquires Manufacturer of Solar Bug Electric Vehicle

Source: EVWorldwire
Class: EVWORLDWIRE

SYNOPSIS: The Solar Bug can travel up to 10 miles per day on solar power alone.
TORONTO -- W2 Energy, Inc. (PINKSHEETS: WTWO), a greenenergy company, is pleased to announce that it has finalized its purchase of Free Drive, Inc., (www.freedrive-ev.com) the Bozeman, Montana-based manufacturer of The Solar Bug.
The Solar Bug is a solar-electric vehicle which travels more than 30 miles on a full charge at speeds up to 35 miles per hour, and can carry two passengers and a small amount of cargo. It has 200 watts of roof-mounted solar power and a proprietary regenerative braking system which converts braking energy into battery storage.
Steve Titus, the Founder and President of Free Drive remains with Free Drive as Vice-President of Technical Development.
"I am thrilled to be working with W2 Energy," says Steve Titus. "It is my dream for everyone to drive cars that are powered by the sun. W2's ownership of Free Drive will bring that clean energyconcept to reality."

Read this news @ http://www.evhub.in/news/191#191

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