http://www.heraldscotland.com/business/company-news/dukosi-helps-launch-computer-chip-that-boosts-electric-car-efficiency.23581996 Dukosi helps launch computer chip that boosts electric car efficiency by Mark Williamson 3 March 2014
A Scottish technology company has raised £320,000 to support the commercial launch of a product it believes could provide a big boost to the efficiency of electric vehicles, six months after the death of the young entrepreneur who founded the business. The funding from Dukosi provides an endorsement of the vision of Stephen Churcher who died in a cycle accident in August aged 46. The Par Equity venture capital firm and the Scottish Investment Bank provided the funding to support the launch of a smart computer chip Dukosi believes could tackle perceived drawbacks to the use of electric vehicles. Wider adoption of electric vehicles may help reduce carbon emissions. Edinburgh-based Dukosi said its Electric Vehicle Optimisation Integrated Circuit significantly extends the range of a vehicle from a single charge. The company noted: "In addition, it manages how the batteries are charged and discharged in such a way that their useful lifetime is lengthened. The technology also greatly enhances the reuse and recyclability of used vehicle batteries." The plans for the launch have been developed under chief executive Gordon Povey, who joined Dukosi in January. He said: "The market for electric vehicles is now really taking off, especially in the Far East but also in the USA and now Europe. This is a great opportunity for us." Dukosi said several electric vehicle manufacturers are interested in trialling the EVoIC system. The company is hiring technical and commercial staff and plans to have the EVoIC system ready for customer trials in the second half of 2014. It expects the chip to be ready for volume production during 2015. Kerry Sharp, head of the Scottish Investment Bank, said: "Dukosi is a great example of a company exploiting the benefits of the transition to the low carbon economy, with a product with an international market." Dukosi was founded 10 years ago by Mr Churcher, who described himself on his Twitter page as "Entrepreneur, parent, Grand Canyon kayaker, performance improvement enthusiast, lover of wild places, adventure sports and good food". Mr Churcher specialised in integrated circuits after graduating from the University of Edinburgh with first class honours in Electrical and Electronic Engineering in 1989. [© 2014 Herald & Times Group] ... http://www.dukosi.com/products.html Battery Management - Knowledge is Power http://www.vcpost.com/articles/22113/20140303/scottish-tech-firm-dukosi-secures-%C2%A3320-000-from-par-equity-venture-capital-and-scottish-investment-bank.htm Scottish tech firm Dukosi secures £320,000 from Par Equity venture capital and Scottish Investment Bank March 3 2014 - Venture capital firm Par Equity and the Scottish Investment Bank gave £320,000 in funding to Dukosi, a Scottish technology firm, to introduce its Electric Vehicle Optimization Integrated Circuit commercially, the ... EVoIC system is a product that Dukosi said would make electric-powered vehicles more efficient. The computer chip would be able to ... lengthening the range that a car can reach with just one charge, the report said ... http://www.businessgreen.com/bg/news/2332105/scottish-investment-bank-backs-electric-vehicle-optimisation-technology Scottish Investment Bank backs electric vehicle optimisation technology 05 Mar 2014 - Edinburgh-based Duksoi uses advanced chip technology to maximise electric car range ... For all EVLN posts use: http://electric-vehicle-discussion-list.413529.n4.nabble.com/template/NamlServlet.jtp?macro=search_page&node=413529&query=evln&sort=date Here are today's archive-only EV posts: EVLN: Philippines’ e-trike program is gaining ground EVLN: ‘Films seeking EV truth’> WKTEC 6:30p 3/7 Thomaston ME Library EVLN: Plugin parking requires politeness, even to knuckleheads ... EVLN: LG Chem CEO says mulls EV battery plant in China EVLN: $35k Tesla-E, ~20% Smaller Than S w/ A 200 Mile Range (video) EVLN: Tesla EV travel anywhere in Europe by end of 2014 + EVLN: Geoff EV featured on BBC's Top-Gear-Race-the-Stig-game app {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-dukosi-com-EVoIC-EV-Optimisation-Chip-more-range-pack-life-tp4668294.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
