Exciting new transmission is a huge boon for consumers searching for a better car with less fuel requirement


Save Story

Estimated read time: 3-4 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

[STK]

[IN] AUT GRE ALT MAC FIN ENV

[SU]

-- WITH PHOTO -- TO BUSINESS EDITORS:

Avotronics Powertrain Employs Crowdfunding to Launch Aurtronic - A

Fuel Efficient Hybrid Transmission Technology for Most Vehicles

COLUMBUS, Ohio, March 14, 2014 /PRNewswire/ -- Avotronics Powertrain

recently introduced their Patented Hybrid Transmission - called the

Aurtronic, by launching a crowdfunding campaign on Indiegogo to

support the continuing production testing requirements of the

Aurtronic.

Photo - http://photos.prnewswire.com/prnh/20140314/PH83361-a Photo -

http://photos.prnewswire.com/prnh/20140314/PH83361-b

The Aurtronic Transmission answers a very common problem by every car

owner - high price of fuel. It is an upgrade from an automatic system,

the ultimate power saver for most vehicles and is designed to do 3

things:

-- Increases Fuel Economy

-- Lower Harmful Emissions

-- Improve Vehicle Drive Performance

The patented transmission is a redesign of the automatic and manual

transmissions. It can be installed in sedans, SUVs, trucks mini and

full size vans. No more expensive than a standard automatic

transmission, the system was patented in 2013 and can be integrated as

a retrofit. The goal, therefore, is to provide a revolutionary

solution for the entire automotive industry. A better car with less

fuel requirement is a dream for many car owners - and an upgrade to

the Aurtronic Transmission aims to do that.

Although an existing technology that promises fuel efficiency such as

hybrid vehicles already exists, these current hybrids are niche, too

expensive and mostly too impractical for the mainstream user. The

Aurtronic requires minimal changes in most vehicles. It is designed so

that it can be retrofitted to most types of vehicles. The transmission

can be installed during vehicle assembly line in the production phase

easily because 60% of its components are already available in the

market.

The Aurtronic was invented by Avotronics CEO Ugo Nwoke in 1993. Over

10,000 man hours and $1000s have gone into refining the design and

developing a prototype of the Aurtronic Transmission. The crowdfunding

campaign will provide the funding for the pre-production phase, in

which the transmission will be tested on a dynamometer. It will then

be developed for beta pre-launch and demonstrated in pilot client

vehicles and pre-production full launch system reviews will be

conducted. Commercialization and introduction to the automotive market

will follow. Avotronics will look to raise investments funds of

approximately $3MM - $5MM for that next phase.

To learn more, view the campaign & contribute to a piece of automotive

history, go to:

http://igg.me/at/aurtronic-transmission

About Avotronics Powertrain

Avotronics Powertrain is a fuel efficiency technology provider &

developer of the Aurtronic Hybrid Transmission. The company is led by

CEO Ugo Nwoke who invented a variable transmission in 1993. After 20

years of persistent product development and sheer grit, these efforts

have led to a partnership to run the initial working prototype, a

patent granted in 2013 and beta prototypes are expected this fall

pre-market evaluations.

Ugo remains passionate to the vision of changing the current vehicle

market by making hybrid level fuel economy, a mainstream experience

for both the private and commercial vehicle markets.

Keywords: Aurtronic Transmission, Avotronics, Crowdfunding, Hybrid,

Powertrain

Ugo Nwoke

Avotronics Powertrain

4449 Easton Way, 2nd Floor, Columbus, OH 43219

Tel: 614-537-0261

Email

Website: www.avotronics.com

Read more news from Avotronics Powertrain.

SOURCE Avotronics Powertrain

-0- 03/14/2014

/Photo: http://photos.prnewswire.com/prnh/20140314/PH83361-a

http://photos.prnewswire.com/prnh/20140314/PH83361-b

PRN Photo Desk, photodesk@prnewswire.com

/Web Site: http://www.avotronics.com

CO: Avotronics Powertrain

IN: AUT GRE ALT MAC FIN ENV

PRN

-- PH83361 --

0000 03/14/2014 12:30:00 EDT http://www.prnewswire.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Notice.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button