Surf City as Motor City
The frequent references to San Diego as a global leader in clean tech are often illustrated by regional activities in solar, wind, water, smart grid and energy efficiency. A perusal of the CleanTECH San Diego company database also reveals a mini-Mo Town of 25 ventures in the Transport Technology category. Five of the companies have made the headlines recently.
Kleiner Perkins Caufield & Byers is the living legend in the venture capital universe. Their successes include Amazon.com, Compaq, Electronic Arts, Genentech, Google, Intuit, Lotus Development, Netscape, Segway, Sun Microsystems and scores of other ventures over a 37 year history. Their lead in the launch of San Diego-based V Vehicle Company is just one piece of their huge commitment to invest in clean tech and transportation. Kleiner Perkins is joined in their investment by the VC arm of Google and part-time San Diegan T. Boone Pickens. Manufacturing of the yet-to-be-unveiled automobile will take place in Louisiana. If all the Federal and state loans fall in place, the total investment will exceed $500 million. Former Oracle executive, Frank Varasano of San Diego, is the company’s CEO. Wrapped in product secrecy, V Vehicle’s website has a video and information about their plans to hire 1400 workers.
Carlsbad-based Aptera has a waiting list of over 4,000 early adapters who have written deposit checks for the yet-to-be-offered three-wheeled, super aero-dynamic electric vehicle. Looking like a cross between an albino lobster and George Jetson’s commuter car, the Aptera comes with a built-in fan club that is drawn to the car’s futuristic appearance, three-digit MPG comparisons and cocktail-party-conversation features such as solar assisted climate control. Originally funded last year for $24 million from Google, Idealab and individual investors, Aptera seeks Federal loans to accelerate their production capability. Their quest for funds was stymied because the Aptera 2e’s design is one wheel short of the standard four. Local Congressman Brian Bilbray is grinding through the legislative process to include “fully enclosed vehicles that are capable of carrying two adults and get at least 75 mpg.”
The recent input of over $12 million will rev-up San Diego’s Achates Power in their efforts to build the internal combustion engine equivalent of Doctor Dolittle’s pushmi-pullyu. Their 4.2L automotive engine design is a high-efficiency two-stroke power plant which features two opposing pistons in each cylinder. The Achates Power value proposition is an “unparalleled combination of fuel efficiency and power density at lower cost” which translates into MPG figures that smoke your father’s Oldsmobile.
We already know that one of gold medalists in the 2010 Winter Olympics will be from Poway. ISE Corporation is a world leading supplier of hybrid-electric drive systems and components for sustainable, heavy-duty transportation applications. In Vancouver last week, BC Transit unveiled the first BC Transit hybrid fuel cell bus which is the first of a fleet of 20 zero-emission buses that will run during and after the 2010 Olympic Winter Games in Whistler. Each bus uses ISE Corporations’ hybrid fuel cell drive system. In a city known for games of a different sort, Las Vegas gamblers find mass transit to be a sure bet to move from casino to casino. A complete fleet of StreetCar RTV trambuses will service the ACE Downtown Connector route. Each of the articulated super buses will be powered by ISE Corporation hybrid-electric drive systems.
The newest addition to the CleanTECH San Diego company database was added this week when Vista-based Flux Power was spun off by LVH Power. Leading the charge for Flux Power will be Chris Anthony who is also the chief of composite operations for Aptera. In a few weeks, the company will launch a portfolio of products for managing, monitoring and charging lithium batteries. Electric vehicles like the Aptera 2e must have their lithium batteries properly managed to extend their usable life. With communication each cell can be monitored to assure level charge and discharge between cells which can help the cell last many times longer than its unmanaged counterpart.
Tags: Achates Power, Aptera, Flux Power, Google, ISE Corporation, Kleiner Perkins, T. Boone Pickens, V Vehicle Company
This entry was posted on Monday, October 12th, 2009 at 5:26 pm and is filed under CleanTECH San Diego, Transport Technology . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.





