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Product category: Hydraulic Components
News Release from: Parker Hannifin
Edited by the Engineeringtalk Editorial Team on 12 November 2004

Parker Hannifin invests in first
electric scooter

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Parker Hannifin has announced that it is making an equity investment in Vectrix Corporation, a zero-emission vehicle company that manufactures high-performance electric scooters.

Parker Hannifin has announced that it is making an equity investment in Vectrix Corporation, a zero-emission vehicle company that manufactures high-performance electric scooters Parker said its investment will help Vectrix to begin production of the world's first full-size, high-performance, long-range, low-emission electric scooter

Parker has worked closely with Vectrix over the past two years to develop the Vectrix battery-powered electric scooter.

It will offer urban commuters a clean, quiet and comparably priced alternative to petrol-powered scooters.

Demand is expected to be strong as urban centres around the globe strive to reduce air and noise pollution, traffic congestion and fossil fuel consumption.

"With engineering resources from 12 Parker divisions supporting the Vectrix scooter project, this truly is a premier example of Parker's systems capabilities," said Parker Automation Group president Bob Bond.

Parker and Vectrix recently unveiled the second generation of the scooter, which integrates a fuel cell system with the battery-powered electric scooter.

The fuel cell-electric hybrid scooter, known as the VX-FCe, is expected to be launched in major cities throughout Europe and the United States in the next two to three years, making it the first commercially viable fuel cell powered vehicle.

Vectrix Corporation was formed in 1996 to develop and commercialise zero emission vehicle technologies focused on two-wheel applications.

"Part of our long-term strategy is to invest in innovative technologies and growth markets.

Fuel cell technology offers much promise for the future and the hybrid scooter demonstrates Parker's ability to provide customers with integrated system solutions," said Parker's Craig Maxwell, vice president, technology and innovation. Request free introductory details about products from Parker Hannifin ...

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