Press Release: 29th October, 2018
Cars Will Run On Water
Israeli-Australian startup Electriq~Global (www.Electriq.com, formerly known as Terragenic) has developed a fuel that will drive the future of humanity in a safe, inexpensive and clean way. Comprised of 60% water, their revolutionary technology extracts hydrogen from liquid fuel which is harnessed to create electricity to power the vehicle.
Launching at EcoMotion 2018 ‘Smart Mobility Summit’ in Tel-Aviv, Electriq~Global will demonstrate its zero-emission, water-based fuel on its electric bike. The result: Twice the Range, Half the Price, Zero Emissions.
The Electriq~Global system contains three key elements: the liquid fuel (Electriq~Fuel) which reacts with a catalyst (Electriq~Switch) to release hydrogen on demand, then the exhausted fuel is captured and taken back to an Electriq~Recycling plant where it is replenished with hydrogen for re-use. This entire process is inherently safe and releases zero emissions.
Electriq~Global’s technology mirrors our current ‘well-to-wheel’ refuelling ecosystem, meaning its global rollout requires very little specialised infrastructure (unlike battery and compressed hydrogen technologies). As the technology is adopted, fuel companies will become partners in our open source, zero emission fuel. The goal is to have Electriq~Fuel available at your local gas station.
The water-based liquid fuel is stable at ambient temperatures and pressures. When compared to green energy competitors like lithium-ion batteries or compressed hydrogen technologies, Electriq~ achieves twice the range at half the cost.
A comparison of electric buses showed the buses powered by batteries provided a range of 250km and required up to 300 minutes to recharge, whereas buses powered by Electriq~Fuel achieved a range of 1,100km and could be refueled in 5 minutes.
Electriq~Global CEO Guy N. Michrowski says: “Our technology brings dramatic news of improvement in driving range, refueling time, and cost of fuel and changes the rules of the game in many fields, including transportation and energy storage”.
Israeli press is invited to meet the Electriq~Global team and the unveiling of the Fuel~System that will run on water at the EcoMotion 2018 ‘Smart Mobility Summit’ on October 29th& 30th