| Somyos to Launch Automotive Technology Plant in Thailand |
| Written by Paul Lienert | ||||||
| Tuesday, 15 June 2010 | ||||||
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The core project, the development of a 300-horsepower hybrid automobile engine using Asian Energy’s own patented technology and incorporating his new approach to motor soft-start technology that can increase lithium ion the life of a battery by as much as 40% in electric vehicles.
The company will focus on the development and manufacturing of parts and motors for Hybrid and Electric Vehicles. “We have the opportunity to increase our overseas markets for industrial components, which results from Afta will create strong growth for many years to come.” said Professor Somyos Durongkadej. The company will take over an existing automotive parts business and will have revenue from the first day of operations. The Eco-Start for Electric vehicles will go on sale in July in Asia and by December in the USA and Europe.
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