Maple Ridge, British Columbia – B.C.-based Future Vehicle Technologies (FVT) has announced its newest vehicle, the eVaro, for Electric Vehicle with Advanced Regeneration Onboard. The company is planning to compete in the Progressive Insurance Automotive X PRIZE challenge for fuel-efficient vehicles.
Previously known as Fuel Vapor Technologies, the company designed the 92 m.p.g. (2.5 L/100 km) Ale, introduced at the 2006 SEMA show in Las Vegas. The new eVaro is a fully-functioning plug-in hybrid electric vehicle with an onboard gas generator for extended range on electric propulsion.
The company said that while the eVaro is similar to the Chevrolet Volt, the eVaro has a number of features that will exceed the Volt, including better aerodynamics, lower weight, much higher mile-per-gallon electric equivalent, and a greater range. The company also said the eVaro will be preferable with most customers when compared with the Tesla and Aptera, both of which are battery-only, and are limited in their operating range because they have to be recharged.
“FVT firmly believes that consumers will prefer the security of a series hybrid like the eVaro,” said George Parker, president of FVT. “The best thing about the eVaro is that, unlike other vehicles, it doesn’t compromise anything for the consumer. Not only is it beautiful, but it is quick, quiet, and has no emissions for the first 90 miles of driving, and most importantly, because of the onboard generator, will never strand anyone.”
The eVaro is scheduled for the X PRIZE, which offers a US$10 million incentive for teams to design, build and race innovative, environmentally-friendly vehicles that can achieve 100 m.p.g. (2.3 L/100 km) or equivalent. FVT is one of over 120 teams that have signed a letter of intent to participate.
The eVaro weighs 1,250 lbs (567 kg), goes from zero to 96 km/h in five seconds, and has a top speed of 135 mph (217 km/h). The company said it achieves an equivalent of 275 m.p.g. (0.8 L/100 km) for city driving, and 165 m.p.g. (1.4 L/100 km) for highway driving. It has a range of between 104 and 144 km on stored battery power. Testing was done by the University of the Fraser Valley.