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August 9, 2007 – Vol.12 No.20 Ricardo Wins Funding for US Department of Energy Fuel Efficiency R&D Projects. Ricardo, Inc. will be actively involved in two projects, with a combined DOE funding value of $3.4 million, that aim to improve the fuel efficiency of light-duty vehicle engines. The company will be working with General Motors on engine downsizing through the use of cooled EGR (Exhaust Gas Recirculation) in an effort to deliver up to 15 per cent fuel efficiency improvements in gasoline combustion. With Robert Bosch LLC and the University of Michigan, Ricardo will aim to develop flex-fuel technologies capable of delivering gasoline-like levels of fuel economy when running on E-85 ethanol.(8/9/07)
Links: Ricardo http://www.ricardo.com
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No
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