Alte Targets Fleets with Retrofitted Hybrid Power Trains

Forbes.com - December 9, 2009

Start-up com­pa­ny Alte is tar­get­ing fleets oper­at­ing taxis, limos, vans, and shut­tle bus­es by retro­fitting their vehi­cles with hybrid pow­er trains. Alte’s design involves sin­gle shaft spun by bat­tery-pow­ered elec­tric motor that saves parts, weight and fuel, though not enough to jus­ti­fy the cost unless you chew up miles like fleets do.