Background

Controlled Power Technologies Limited was founded in early 2007 by senior automotive executives to focus on carbon reduction issues.

Asset and technology acquisitions from Visteon Corporation, together with the signing of associated licensing and collaboration agreements with Switched Reluctance Drives Limited, give the new company immediate access to a portfolio of production-ready and near-term solutions to the problem of automotive CO2 reduction.

The acquisition from Visteon covers a family of low carbon powertrain related products already at an advanced stage of development. These include an electronically-controlled supercharger, a stop-start system and an exhaust energy recovery system. All the products utilise switched reluctance electric motor technology delivering ‘micro-hybrid’ vehicle functionality.

Controlled Power Technologies was formed to bring together the expertise in powertrain, power electronics and control software required for developing and commercialising much needed carbon-reducing technologies, now actively being sought by vehicle manufacturers.

It comes with the backing of a highly experienced team of industry executives and is funded by a number of prominent investors specialising in the energy and environmental sectors.

“Following adoption of the EU legislation to limit average CO2 automotive emissions from 2012, and an increasing focus on emission reduction in the US, the need for carbon abatement is rapidly growing in importance,” said the company’s chief executive Nick Pascoe. “Coupled with increasing fuel prices, company car tax determined by CO2 emissions and increasing costs of diesel powertrains, there is now stronger demand than ever before for cost-effective fuel-efficient technologies.”