- Loremo - a car that gets 157 miles per gallon of diesel. It could drive from Denver to L.A. (1000 miles) on around 7 gallons of diesel. That would take about 42 gallons of unleaded gasoline in my car. Unbelievable. The core idea here is that there is no point in driving a 150 lb human around in a 1.5 ton vehicle that is specifically designed in a way to be resistant to the wind. There is no need for the vehicle to be that big. So, make the vehicle as light as possible (while maintaining sturdiness) and make it as aerodynamic as possible. Great idea. Could be a bit scary driving it around with all the SUV's out on the road, but you have to start somewhere. It's planned to go into mass production in 2009 for around $20k USD.
- Tweel - a wheel that combines the tire and the wheel, using just a tread with polyurethane spokes connecting it to the actual wheel. The design uses far less material than the traditional tire.
There's a lot of VC money going into "green tech" projects these days - $2.2 billion in 2007! I read an article in Forbes about the next generation of VC's leading the charge. The bios of these folks is truly ridiculous. Here's an excerpt: This trio could get hired anywhere. Aileen Lee was president of her section at Harvard Business School. Trae Vassallo learned to program when she was 7 and at 28 cofounded a wireless e-mail company that Motorola bought for $550 million. Samir Kaul led the effort to sequence the genome of the arabidopsis plant and then built three life sciences companies from scratch. He's only 33. These three are among venture capital's new guard. That's kind of humbling.
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