Friday, May 01, 2009

Raser Technology rings the Opening Bell at the NYSE




Raser Technology, a leader of environmental energy technology company commemotes its listing on the New York Stock Exchange (NYSE).

Raser began trading in December 2008 and list by RZ. "We are very pleased to be listed on the New York Stock Exchange, the world’s premier market for publicly traded companies that offers greater access to global capital markets," said Kraig Higginson, Chairman of Raser Technologies.

“To help celebrate this momentous occasion, we will bring our recently unveiled extended-range electric vehicle, the H3 Hummer E-REV,” said Kraig Higginson. “This vehicle is powered by Raser’s E-REV powertrain and was developed in conjunction with Raser’s integration partner, FEV, as well as a global automaker. The full-size SUV is a four-wheel drive vehicle and designed to achieve over 100 mpg in typical local daily driving with near zero emissions by driving up to 40 miles per day in all-electric mode.”

According to the Raser's website, The plug-in electric Hummer H3 has a range of about 400 miles, driving its first 40 miles exclusively on batteries before turning on its combustion generator. Most vehicles drive fewer than 40 miles a day, most drivers would rarely use gas and average more than 100 mpg in gas fuel economy over time.

Further information on Raser may be found at: www.rasertech.com.


raser, rz, ambala, ford fusion hybrid, expedition

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