When a hydrogen injection powertrain comes wrapped in a vehicle as styled as the Ronn Motor Company Scorpion, it's sure to attract attention. The H2GO system that RMC uses in the Scorpion injects small amounts of hydrogen, generated on board, into the fuel line. RMC claims that the H2GO system improves mileage by 20 to 30 percent and drops CO2 output as well. RMC announced this week that the Chinese government is interested in learning more about the H2GO system - their growing domestic auto market could use cleaner cars - and that RMC and Frigette Energy System representatives will be traveling there in June. We drove the Scorpion back in March and can, at the very least, confirm that the car looks better in person than it does in the pictures. As for whether H2GO works as advertised, well, we're looking forward to spending some more time with the car to test things out for ourselves. We'll also be interested in hearing what the Chinese think. More details after the jump.
[Source: Ronn Motor Company]
Photos copyright ©2009 Brad Wood / Weblogs, Inc.
Ronn Motor Company and Frigette Energy Systems Receive Request to Meet With Chinese Automakers and Chinese Government to Discuss H2GOTM System
Ronn Motors Scorpion(TM)
AUSTIN, TX--(Marketwire - April 30, 2009) - Ronn Motor Company, Inc. (PINKSHEETS: RNNM) announced today that representatives from Ronn Motors and Frigette Energy Systems will be traveling to Beijing, China this June to meet with Chinese automakers and the Chinese Government to demonstrate the fuel efficiencies and positive environmental impact through significantly reduced emissions achieved by the new H2GO™ real-time Hydrogen injection system.
Mr. Ping Zheng, Chairman of the Board of Shanghai Shuanghaua Autosports Co. LTD., has been working along with representatives from several Chinese automotive manufacturers and officials of the Chinese Government in making the arrangements for the meeting. The H2GO™ technology will be presented at one of the country's preeminent automotive laboratories in Beijing.
Mr. Zheng had previously met with Frigette executives at the MACs convention in February 2009 at the Dallas Anatole Hotel, where the H2GO™ real-time hydrogen injection system and the SCORPION™ eco-exotic supercar were on display.
Ronn Maxwell, CEO of Ronn Motors, stated, "The Chinese Market represents a potentially lucrative market for the H2GO™ system and our automobiles. In the United States, there are approximately 998 automobiles for every 1000 people, whereas in China, the ratio is about 2 automobiles for every 1000 people. To reach a saturation level, only 1/2 that of the United States, will require approximately 600 million more vehicles, all of which will need to be more energy efficient and emission clean, creating a market nearly three times the size of the American automotive market."
According to market studies, China, with approximately 170,000,000 vehicles on the road has gone from virtually a non-existing automotive industry a decade ago to annual sales of more than 10 million vehicles, with expectations that it will capture the No. 1 spot from the U.S. no later than 2020. Within China, vehicles are now the single largest contributor to pollution, inflicting a terrible toll on the environment. This problem is only expected to increase exponentially as the dramatic increase in vehicle sales and use continues within the country.
Mr. Maxwell continued, "Our invitation from the Chinese Government and the country's automotive manufacturers substantiates their overwhelming and immediate concern for the environment caused by seriously increasing vehicle pollution. Fuel economy and emissions are among the two largest problems facing Chinese automakers today. We believe that extensive installation and use of our H2GO™ system would provide a positive economic and environmental impact to China which is what we plan to demonstrate in June. As well, we expect to more quickly expand and leverage both Ronn Motors and Frigette's existing relationships in the Chinese market as a result of this upcoming meeting."
Headquartered in Horseshoe Bay, Texas, Ronn Motor Company, Inc. is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These systems include Hydrogen Fuel, Fuel cells, and Plug-in electrics. These features, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, positions the Company as one of the new leaders in an automotive industry transitioning toward fuel efficiency. For more information, please visit www.ronnmotors.com.
This release contains forward-looking statements that reflect Ronn Motor plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.