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Aug 2, 2016 5:18 EST

eTruck produces the world’s first electric/hybrid deisel engine for these trucks and our system gets 14 MPG. This is a game changer in the Trucking Industry.

iCrowdNewswire - Aug 2, 2016

eTruck Logo

eTruck

Omaha, NE 68154, US
Transportation & Distribution.

There are 11.7 million 18 Wheel Trucks working in the world today that get an average 5.5 Miles Per Gallon. eTruck produces the world’s first electric/hybrid deisel engine for these trucks and our system gets 14 MPG. This is a game changer in the Trucking Industry. Our chief engineer is one of the top electrical engineers in the world and has worked for many clients including Segway, Audi, Freitliner, and many Federal Govt Agencies.

The margin for each sale is $25,000 and we currently have 2,000 orders with Memorandum’s for Understanding for an additional 30,000 orders.

The system is patent pending. We also have a great deal of international interest in licensing the technology.

The best part is that the system is completely adaptable to whatever fuel source is available. Right now we have the infrastructure for Deisel, so that’s what we’re doing. But later when the infrastructure is there, we can adapt to CNG, propane, hydrogen, etc

Initially we thought that we would need to raise a great deal of money to jump start production, but we have found that our OEM’s (John Deer, Marathon, etc..) have offered us excellent terms for inventory financing and our clients are willing to pay 50% of the cost up front. Currently we are looking to raise $500,000 for operation costs to include a lease on a production facility, production employees, and legal costs for US and international patents.

Products / Services

Electric/ Hybrid Engine for Class 8 (18 Wheel) Trucks

Currently our system runs on Deisel Gasoline because that is where the infrastructure is at. But in the future the eTruck System is completely adaptable to CNG, propane, hydrogen, etc…. Again, the average Deisel Engine get 5.5 MPG now, ours get’s 14 MPG.

 

Management

President Operations
Russ Knudsen

Owner/ President

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
4 years, 3 months 4 Trucking

 

Company Type Stock Exchange Stock Symbol
Privately-Held
Contact Information:

Steve Gries

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