03 Apr '11, 9pm

Pinnacle Engines unveils ultra-efficient Cleeves cycle, opposed-piston engine

Pinnacle Engines unveils ultra-efficient Cleeves cycle, opposed-piston engine

Pinnacle Engines Introduces its Ultra-Efficient Combustion Engine Top Investors Commit $13.5 Million; Former Cummins Executive Ron Hoge Named Chairman and CEO San Carlos CA – March 31, 2011 Pinnacle Engines today unveiled plans to commercialize a breakthrough ultra-efficient engine by 2013. The new engine design enables significant reductions in fuel consumption and greenhouse gas emissions without increasing vehicle cost. Pinnacle also announced it has raised $13.5 million in venture funding from NEA, Bessemer Venture Partners and Infield Capital. Advancing the Internal Combustion Engine While electrification of the worldwide vehicle fleet presents a promising long-term solution, the costs of wide-scale deployment are high. As a result, the global vehicle fleet in 2050 is expected to rely mostly on the internal combustion engine as its prime mover. Leveraging years of res...

Full article: http://green.autoblog.com/2011/04/03/pinnacle-engines-ult...

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