Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Pioneer Retrofitted Regenerative Braking System

Octafuel World’s First To Pioneer Retrofitted Regenerative Braking System For Vehicles

OctaFuel – manufacturers, suppliers and installers of retrofitted Hybrid Fuel Cells – announced it has developed a retrofitted regenerative braking system for vehicles, at a price that most consumers can manage, says Michael Fresnel, Founder, OctaFuel New Zealand.

“Regenerative braking is about recovering energy when drivers put their foot on the brake – which reduces fuel costs,”explains Michael. “The technology is well-proven, having been fitted to more than a million motor cars worldwide over a variety of operating conditions, and now OctaFuel has taken the essence of that technology and made it affordable for everyday people.”

And, as far as he knows, until the OctaFuel solution, only motor vehicle manufacturers installed regenerative braking into their Hybrid line-up of vehicles – which he believes makes the OctaFuel retrofitted option entirely unique.

“OctaFuel may be first in the world to develop retrofitted regenerative braking – which is an exciting next step in the direction OctaFuel is taking Hybrid Fuel Cell and hydrogen technologies. This is great for consumers who can’t afford to purchase a new Hybrid car, or for people who have bigger cars and want to make them more fuel efficient. It means any vehicle – big or small – can go Hybrid and save money at the pump with OctaFuel. What’s more, watch this space –there’s plenty more going on at OctaFuel.”

He says OctaFuel will announce another cutting-edge technology in July that experts predict will become the norm in vehicles by 2012, to take retrofitted OctaFuel Hybrids even further.

“All of the technology is ready, but previously it was too expensive to bring to market. However with fuel prices continuing to rise and rise, it’s now viable.”

OctaFuel’s prices range between NZ$1,247 for the COMMUTER, their entry-level product, and NZ$5947 for the COMMERCIAL, their top of the line flagship product – and, says Michael, if you’re travelling more than 15,000 km’s per annum, installing an OctaFuel makes sense financially.

“We’re making it easy for consumers to get into our range of products – with interest-free and deferred payment finance options available. Quite frankly, if fuel costs are killing your budget, install an OctaFuel.”

Mr Fresnel invites vehicle owners to request a five-minute quote over the phone from OctaFuel. To find out more visit http://www.octafuel.com.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO: