Triac, Three Wheeled Electric Car Is Taking Orders

Lock

100 MW
Joined
May 24, 2007
Messages
4,082
Location
Toronto Harbour
http://greenvehicles.com/
the-triac-by-san-joses-green-vehicles_100232987_m.jpg


From Wikipedia:
http://en.wikipedia.org/wiki/Triac_(car)
Triac, by Green Vehicles Inc, is a two-seat three-wheeled car. The Triac freeway commuter Early Adopter program closed as of June 15th, 2010; they will begin to accept pre-orders for the Triac2.0 in November, 2010 requiring a $500 reservation fee.

Green Vehicles was originally based in San Jose, California, but the company has recently relocated to an 80,000 sq ft (7,400 m2) facility in Salinas, California.

The TRIAC has a top speed of 80 mph (130 km/h) and a range of 100 miles (160 km), according to the manufacturer. Charging the TRIAC's 144 volt, 160 amp-hour batteries takes approximately 5 hours when the vehicle is plugged in to either 120 or 240 volts AC. The Vehicle is designed with a steel safety cage construction with the two front tires controlling steering and front wheel drive.

I wish`em well.
Tks
Lock
 
http://www.greencarreports.com/news/1065605_lesson-learned-as-salinas-sues-bankrupt-electric-car-maker

It's a sad fact of business that many start-up companies fail within the first few years of trading. Electric car fans are quite used to this and even the most promising new companies can struggle.

One such company is Green Vehicles, an electric start-up that folded back in July. Green Vehicles had created a three-wheel electric car known as the Triac 2.0. The ungainly little EV was touted to have a 100-mile range and to go on sale from $25,000 before state and federal tax incentives.

When the company folded it took over $500,000 of investment from the city of Salinas, California, with it. Now, Salinas city attorneys have filed a lawsuit against the company to recover some of the lost investment.

According to the lawsuit, "[Green Vehicles] breached every term of the contracts... defendants knew at the time of entering into the contracts that they did not intend to use the monies as required in the term of the agreements."

Green Vehicles co-founder and President Mike Ryan hasn't commented on the lawsuit, but said of the company's closure "Our dream was to change transportation for 'regular people' to something practical, sustainable, affordable and cool... My most sincere apologies for not delivering the conclusion we worked so hard to bring about."

We can understand the city of Salinas' frustration at their lost investment, but we can't see them getting much of it back - and we don't have much sympathy for them, either.

Start-up companies are always going to be a risky investment. Sometimes that investment pays off, and had that been the case, Green Vehicles was expecting the venture to contribute tax revenue of $700,000 per year, as well as creating 70 jobs. However, even in regular start-ups the chance of survival is low.

Start-up electric car companies are even more of a risk as the market itself is still deciding whether electric cars make sense. We're losing count of the number of times Swedish EV-maker Think has gone under, and by the standards of unheard-of makers, it's a fairly big company. Uptake is slow even on the best of electric vehicles, so curious little three-wheelers like the Triac are already on the back foot.

Putting $534,000 into a start-up with an un-proven product, in a tough market still recovering from an economic downturn seems unwise, even considering the benefit of hindsight.

As ever, stories like this are a lesson that you must always invest wisely, particularly if you're dealing with your city's budget. The city of Salinas and Green Vehicles are simply two more casualties of a fledgling industry.

[KSBW]
 
http://www.thecalifornian.com/article/20110831/NEWS01/108310312

Salinas city officials said Tuesday that California Energy Commission officials have said no to a request that they reimburse the city for its losses in Green Vehicles, Inc. the failed electric vehicle automaker.

Economic Development Director Jeff Weir told the City Council that staff approached the commission about recovering the $534,000 investment the city made in Green Vehicles, but the commission said such a reimbursement would be impossible.

Last July, the commission awarded the high-tech company a $2.05 million grant to produce the vehicles in the old Firestone Tire and Rubber plant on Abbot Street.

"We just bluntly asked them if we could quantify to get our contribution back," Weir said. "They said no."

The request to the CEC was one of two approaches the city has taken to try and recover the $534,000 it invested in the start-up. In December 2009, the city gave Green Vehicles $300,000 in the form of city-controlled federal Community Development Block Grant dollars. The balance, $234,000, came from the city's general fund which pays for the bulk of city operations.

The second approach was in the form of a lawsuit against Green Vehicles principals Mike Ryan and Ehab Youssef filed Aug. 25 in Monterey County Superior Court.

Meanwhile, at Tuesday's council meeting, the panel voted unanimously to approve the creation of a new set of outside investment policy guidelines. Councilman Steve McShane was absent.

Weir and Acting City Manager Jim Pia said staff would return to the council in 60 days with the new guidelines, designed to require more staff research to prevent the city from making investments in overly risky start-up concerns.

While Green Vehicles suffered cash flow issues from almost the very start, one of the biggest problems it faced was handling the $2.05 million CEC grant. As CEC officials later explained, the grant was to be paid out in arrears — and then only after being presented with invoices and full documentation.

The start-up company designed and promoted two all-electric rechargeable vehicles, the Triac 2.0 and the Moose. The city's investment of public funds in Green Vehicles was part of an effort to stir some life into the Salinas Valley economy and to create jobs. Mike Ryan, Green Vehicles' president and CEO, declined to comment on the lawsuit this week.

But when he first pitched Green Vehicles to the city, Ryan promised in 2009 that the company would generate about 70 jobs and pump an estimated $700,000 in sales tax revenues into city coffers annually. Despite pronouncements that the company would be up and manufacturing its vehicles by March, the company was struggling to pay its rent through the first and second quarters of this year, city records show.

Nevertheless, the council defended its decision to put public money into the private start-up, saying that at the time it looked like a good deal and wise investment.

"We made a mistake," said Councilwoman Jyl Lutes. "We were looking for job growth. This was a legitimate investment and our hearts were in the right place."
 
I'm going to head down there and see if they have battery testing equipment and/or huge power supplies being liquidated.
 
I was thinking along those lines. I wonder if the city can get the manufacturing/testing equipment from the company as partial payback in the case. Then they will probably show up in the auctions. Might be worth watching their machinery auctions for a while. I've seen, but missed, some crazy stuff come in the local machinery auctions here.
 
If the money was a grant, as the story suggests, then the city will not have standing as a creditor to take ownership of any equipment or parts. They are just plain out of luck on this.
 
If I read the story correctly, $234,000 of the money was not part of the grant.
 
Hi Luke,
liveforphysics said:
I'm going to head down there and see if they have battery testing equipment and/or huge power supplies being liquidated.
Maybe some of their Triac prototypes?:
http://www.mercurynews.com/cars/ci_16693879
mercurynews said:
Triac, an electric car made in Salinas, getting ready to hit the streets

Posted: 11/29/2010 12:15:00 AM PST


...I drove one around Los Gatos the other day with Mike Ryan, president of Green Vehicles, the Salinas company that makes them. A prototype, one of just a dozen made so far, it had a stick shift that will be replaced in the upcoming Triac 2.0 with an automatic transmission....

Or some Leyden Energy Lithium Cells?:
mercurynews said:
...The 100-mile range is due to its light weight and powerful lithium-ion battery, made by Leyden Energy in Fremont. The two companies have California Energy Commission grants totaling $5 million to make the batteries and vehicles in California. Leyden says the battery can operate at up to 140 degrees Fahrenheit without degradation of the cells, eliminating the need for a battery cooling system....

http://www.technologyreview.com/energy/37607/
technologyreview said:
Lithium-Ion Battery Keeps Its Cool
Tuesday, May 24, 2011

A new chemistry could result in batteries that don't overheat—opening up new uses, including electric cars.

A new kind of lithium-ion battery holds much more energy than previous versions, while still working well at high temperatures. It could prove useful for hybrid and electric cars, where high-density batteries usually come with safety risks.

Leyden Energy uses a graphite current collector and imide salt in the battery's electrolyte. These materials enable the battery to last longer and withstand higher temperatures; Leyden has declined to discuss how it achieved higher energy densities.

The company says the battery has an energy density of 225 watt-hours per kilogram. This falls at the high-end range of laptop batteries, and roughly 50 percent higher than lithium-ion batteries used in electric vehicles....

motorbattery_x220.jpg

Storage mediums: Leyden Energy makes lithium-ion batteries in two formats, for powering consumer gadgets.
Credit: Technology Review
http://www.leydenenergy.com/index.php?page=about
http://www.leydenenergy.com/index.php?page=technology&subpage=overview
leydenenergy said:
...Leyden Energy's products use a lithium-imide electrolyte to increase durability and offer exceptional thermal stability going well beyond the specifications of existing Li-ion batteries. For mobile devices, laptops, electric vehicles and power backup, Leyden Energy's patented technology scores higher on all key parameters, simultaneously. Higher energy density? Check. Safe charging and operation at a higher temperature range? Check. Longer cycle life? Check. Longer calendar life? Check that too. In fact, check all of the above simultaneously – something we feel you will be pleased with, and so will your customers...
Excellent cycle life for 100% DOD but is looks like a poor C rate:
products_pouch_1.jpg

leydenenergy said:
Specifications - Leyden Energy's pouch batteries
* Nominal voltage 3.7V
* Nominal capacity: depending on form factor – custom built to order
* Core cell weight: depending on form factor – custom built to order
* Operating temperature: -30°C (-22°F) to 60°C (140°F)
* Charging Temperature: -20°C (-4°F) to 60°C (140°F)
* High cycle life: >1,000 cycles (100% DOD)
* High calendar Life: >3 years (calculated)
2.2ah 18650's is nice, but still no mention of power:
products_18650_image.png

leydenenergy said:
Leyden Energy's 18650 cylindrical cell is engineered using patented lithium imide electrolyte platform. This results in a battery cell which can operate and charge over a higher charging temperature range than conventional Li-ion cells. This lends itself to longer cycle life and calendar life and an unparalleled safety level for your application. To put it in numbers, our 3.7V Li-ion 18650 battery has a 2200mAh capacity with a cycle life over 1000 charge/discharge cycles – even when operated in environments with temperatures ranging from -30°C (-22°F) to 60°C (140°F) with relative humidity levels up to 95%. Yes, it's not either/or – it's all of the above in one battery cell.
 
Back
Top