Has Torvec missed its “window of opportunity” with the emergence of electric hybrid and fuel cell technology?
DEFINITELY NOT. Discussions concerning the advantages of electric hybrid and fuel cell technology miss one, all important fact: all electric hybrids and fuel cell driven vehicles require a transmission to function! The issue then is, once again, which transmission is the most efficient. Obviously, the auto companies will continue to attempt to surmount the economic, efficiency, ecological and logistical problems currently associated with electric hybrid and fuel cell technologies. However, it is vital that our shareholders understand that the auto industry’s enthusiasm for Torvec’s transmission has not waned. To the contrary, the auto industry recognizes that transmissions will always be required, regardless of engine technology in order for a vehicle to move forward and backwards. They have continued to support our efforts to perfect our transmission technology since it may be the perfect technology to integrate with any future engine device. 10. What are the next steps that you antic