Vancouver, BC, Canada, / ACCESSWIRE / July 16, 2014 / Thomson Power Inc., a Vancouver-based developer of energy efficient electric drivetrain solutions, announced today that the company has entered into a Memorandum of Understanding (MOU) to supply its proprietary hybrid electric (HEV) and electric vehicle (EV) drive systems and controllers to TATSA, an Argentinian-based city bus, motor-coach and truck original equipment manufacturer (OEM).
"We are excited to work with TATSA on the development of a series of HEV and EV city bus and motor coaches," said Ian B. McAvoy, Chairman and Chief Executive Officer of Thomson Power. "This MOU is a first step in establishing a strong and lasting partnership between two companies who share a common goal of being leaders in the emerging clean energy transportation market. TATSA and Thomson Power are firmly focused on delivering environmentally and economically sustainable products that will have a competitive advantage over other suppliers."
TATSA is a proven leader in the transportation industry with thousands of vehicles in operation across the globe. With increased clean air regulations and diesel price volatility impacting the use of fossil based fueled systems, TATSA customers require more energy efficient and cost-effective vehicles to meet their needs. As a result, the initial focus of the MOU will be a retrofit of Thomson Power's cutting-edge integrated drive systems into existing diesel buses to HEV and EV power. In addition, both companies will further collaborate on product development and market entry strategies with an initial focus on the Americas.
About Thomson Power
Thomson Power is a developer and supplier of sustainable energy software and power management systems that dramatically improve the performance and efficiency of electric and hybrid drives in medium to heavy-duty truck and bus applications. The plug-and-play vPCS(R) adaptive controller and ThomsonDrive(R) integrated electric drivetrain solutions enable fleet operators to economically transition from conventional diesel engines to hybrid and electric buses and trucks. For further information, visit www.thomsonpower.com.
For more information contact:
Thomson Power Corporation
Ian B. McAvoy, Chairman & CEO
Phone: 604.376.4564 | Email: [email protected]
SOURCE: Thomson Power Inc.