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Pinnacle has signed a licensing and joint development agreement with a major, as yet unnamed, Asian vehicle OEM, with lower power products targeted for two- and three-wheel applications in the developing country markets expected to be available in the first quarter of 2013.
The successful market implementation of these materials in vehicles requires that they be lowcost and available in sufficient abundance to make a compelling business case. For this reason the focus of this AOI includes the development of low-cost approaches to the manufacturing of both magnesium and carbon fiber.
Economic signals such as fuel and vehicle fees which provide clear monetary incentives to consumers (to drive less and purchase more-efficient vehicles) and automakers (to improve vehicle efficiency beyond the minimum requirement set by performance standards). Standards and fees should be based on greenhouse gas emissions.
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