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US: Wrightspeed secures hybrid R&D funding

Wrightspeed has announced the receipt of US$5m in a Series A financing from a private investor. The company will use the funds towards development of its Digital DriveSystem – an extended-range hybrid electric drive system targeted at high performance vehicles and vehicles with high fuel consumption, such as heavy trucks. “Our It’s time to log … Continued

Wrightspeed has announced the receipt of US$5m in a Series A financing from a private investor. The company will use the funds towards development of its Digital DriveSystem – an extended-range hybrid electric drive system targeted at high performance vehicles and vehicles with high fuel consumption, such as heavy trucks.

“Our

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