Plug-In hybrid a Bright IDEA
"We named our first vehicle the IDEA because of the role it will play in helping revolutionize American transportation and moving the country toward a more secure and sustainable energy future," said John Waters, CEO and president of Bright Automotive. "We know it is possible to achieve dramatic, breakthrough fuel efficiency and deliver tremendous customer value. This is the compelling idea that drives our company and it is fully captured in our first vehicle."
Bright Automotive will begin high volume production by the end of 2012 - with an annual run rate of 50,000 units. To produce its vehicle, the company plans to create over 5,000 jobs by 2013.
Waters continued, "We created the IDEA by starting with a clean sheet, listening to customer needs, and using breakthrough technologies and materials. The IDEA will deliver superior fuel-efficient performance and a lower cost of ownership than competing traditionally powered vehicles. At the same time, it will help to re-invigorate the American auto industry and create thousands of new 'green collar' jobs here in the U.S."
To achieve groundbreaking fuel efficiency, Bright Automotive is maximizing platform efficiency, by incorporating lightweight materials, advanced aerodynamics and low-rolling resistance tires to use less combined energy. On a full charge, the IDEA will operate in all-electric mode for the first 30 miles before switching to hybrid mode for a full range of 400 miles. For a typical drive of 50 miles, the vehicle consumes 1/2 gallon of gasoline - equivalent to 100 mpg fuel efficiency.
Bright Automotive was launched out of the Rocky Mountain Institute, where it had the great benefit of visionary leadership from partners including Alcoa, Duke Energy, Google.org, Johnson Controls, and the Turner Foundation.
Related News

SaskPower eyes buying $300M worth of electricity from Flying Dust First Nation
REGINA - An agreement signed between SaskPower and Flying Dust First Nation is an important step toward a plan that could see the utility buy $300 million worth of electricity from Flying Dust First Nation, according to Flying Dust's chief.
"There's still a lot of groundwork that needs to be done before we get building but you know we're a lot closer today with this signing," Jeremy Norman told reporters Friday.
Norman's community was assisted by the First Nations Power Authority (FNPA), a non-profit that helps First Nations get into the power sector.
The agreement signed Friday says SaskPower will explore the possibility of buying 20…