http://www.wonderfulwaterloo.com/showth ... #post20023
Last year, in a strange twist of fate, Accelerated acquired a company that Lankin started way back in 1989, shortly after he graduated with his masters in physics from the University of Waterloo.
Originally called SRE Controls, the company made electric motor controls for forklifts and other utility vehicles. Lankin left in 1993 to start Agile, but SRE carried on through a bankruptcy and new owners who renamed it Navitas.
Navitas started using PanÃ¢â‚¬â„¢s company as a main supplier, but when it couldnÃ¢â‚¬â„¢t pay the bills, Accelerated took over to protect its receivables, Lankin says.
A lawn tractor it has developed runs as quietly as an electric golf cart and caught the attention of Home Hardware, which plans to start selling it in stores across the country next spring.
A model sits in the Accelerated lobby. It features motors in each wheel, batteries front and back and four controllers to manage the power delivered to each motor. Special turning functions allow the tractor to maneuver in tight corners.
The tractor will be sold under the label, TriVector Systems, a subsidiary created by Accelerated to market the product. ItÃ¢â‚¬â„¢s the only turnkey item sold by Accelerated. Otherwise, the company makes motor controllers, drive trains and electronic components for a wide range of electric and hybrid-electric vehicles in non-automotive markets.
Ninety-per cent of customers are in North America and include area companies such as Linamar, Miovision, NDI and RDM.
At the moment, Accelerated is working on a contract to supply motor controllers and display gauges for a $4,000 recumbent bike sold by a startup in Memphis, Tenn.
Accelerated Systems here:Ten years ago, 90 per cent of the golf carts in North America were powered by gas, says AcceleratedÃ¢â‚¬â„¢s general manager Peter McDonald. Today, 90 per cent are battery-powered and the golf cart industry is the largest electric vehicle industry by volume on the continent, he says.