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Minneapolis MN (SPX) Nov 04, 2010 Stratasys has announced its development partnership with Winnipeg engineering group, Kor Ecologic. The engineering group is creating one of the world's most fuel-efficient and environmentally friendly vehicles. Code-named, Urbee, it is the first car ever to have its entire body 3D printed by additive manufacturing processes. The electric / liquid-fuel hybrid reaches more than 200 mpg, highway and 100 mpg, city in U.S. gallons with either gasoline or ethanol (250 mpg highway /125 mpg city, Imperial gallons). The car is charged overnight for just pennies from any standard home electrical outlet. Alternately, it can be charged by renewable energy from a windmill or a solar-panel array small enough to fit on top a single-car garage. For combined city and highway use, the Urbee gets about 150 mpg and costs only 2 cents per mile. This is only about 10 percent of the fuel consumed by a typical SUV. And on the highway, it costs about 1 cent per mile, or 95 percent less than that same SUV. "Other hybrids on the road today were developed by applying 'green' standards to traditional vehicle formats, says Jim Kor, president and chief technology officer, Kor Ecologic. "Urbee was designed with environmentally sustainable principles dictating every step of its design. "Urbee is the only practical car we're aware of that can run solely on renewable energy," says Kor. "Our goal in designing it was to be as 'green' as possible throughout the design and manufacturing processes. FDM technology from Stratasys has been central to meeting that objective. FDM lets us eliminate tooling, machining, and handwork, and it brings incredible efficiency when a design change is needed. If you can get to a pilot run without any tooling, you have advantages." Urbee is the first prototype car ever to have its entire body 3D printed with an additive process. All exterior components - including the glass panel prototypes - were created using Dimension 3D Printers and Fortus 3D Production Systems at Stratasys' digital manufacturing service - RedEye on Demand. The Urbee competed in the 2010 X-Prize Competition, and its development has been chronicled by the Discovery Channel's Daily Planet, for future broadcast Urbee is just one example of FDM being used for ecologically friendly initiatives. In the UK, Gordon Murray Design, used Fortus 3D Production Systems to help create its avant-garde T.25 city 'eco car,' which was unveiled this July.
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GM hopes to raise 13 billion dollars in IPONew York (AFP) Nov 3, 2010 General Motors on Wednesday said it seeks to raise 13 billion dollars from a new stock offering as part of the auto giant's efforts to break away from government ownership. The initial public offering (IPO), one of the largest in US history, will consist of 365 million shares of common stock, with the estimated price range for the offering of common stock at 26 dollars to 29 dollars per shar ... read more |
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