Jan 15 2009
Austin-based KLD Energy Technologies, Inc., developers of a high-performance electric motor system technology, announce the completion of a $1 million financing round from a private investment group. The company leveraged the Series A funding to further develop its high-frequency, low RPM, transmissionless motor system designed to increase the speed and efficiency of electric vehicles.
“We’ve been working to produce a new type of motor system technology to increase the responsiveness, speed and functionality of electric motors,” said Christian Okonsky, founder and CEO of KLD Energy Technologies and its subsidiary, KLD Motors America, Inc. (KMA). “This initial round has enabled us to take the system from concept to prototype and demonstrate its capabilities.”
KLD Energy Technologies’ motor system uses an innovative nano-crystalline composite material to conduct energy more efficiently than traditional, iron-core motors. The high-frequency to low RPM ratio eliminates the need for a transmission. The system’s computerized motor controller is designed specifically for the higher-frequency output of the motor. The result is a highly responsive system enabling two- and three-wheeled electric vehicles to attain speeds and performance levels available in gas-powered vehicles.
KLD Energy Technologies and KMA are expanding into markets worldwide where two- to three-wheeled vehicles are becoming an increasingly popular and necessary form of transportation. Subsequent rounds of funding will further establish KMA’s manufacturing facilities in Hanoi, Vietnam, where production is slated to begin in the fourth quarter. The company is currently establishing production agreements with leading scooter manufacturers in Vietnam.
“Highly populated urban centers, in Asia and beyond, are experiencing severe levels of air pollution,” said Okonsky. “Millions are transitioning from bicycles to two-wheeled scooters and other forms of transportation. Electric-powered vehicles are increasingly being leveraged as a critical part of the solution.
“Our focus is to work with manufacturers to create electric vehicles that are a truly viable alternative to their gas-powered counterparts, in terms of performance, distance and speed,” he added.