Wrightspeed Stock
Wrightspeed is evolving vehicle propulsion, using high-power electric drive with micro-turbine generators.
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About Wrightspeed Stock
Wrightspeed makes its powertrain, The Route, for medium-heavy duty commercial fleet trucks, a very high fuel-consumption market. While continuing to meet the payload and power expectations of fleet operators, The Route can reduce fuel consumption by 50%. Designed for both efficiency and performance, The Route offers a return on investment unparalleled by competing technologies. Using electric drive, regenerative braking, and a unique approach to onboard power generation using a micro turbine, Wrightspeed's Route is a fully integrated and extremely high power system and the first to use a software controlled "clutchless" transmission. Started by one of Tesla Motors' founding members and based in Silicon Valley, Wrightspeed has extremely strong competencies in systems-approach design, high reliability software, and high power analog electronics.
Funding History
November 2010 | $5.0M |
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September 2011 | $5.0M |
June 2012 | $5.8M |
February 2013 | $1.0M |
March 2013 | $6.5M |
November 2014 | $8.5M |
June 2015 | $15.0M |
Management
Co-Founder & CEO
Ian Wright
Product Manager
Arlan Purdy
Chief Financial Officer
David Wagenseller
Press
openpr - Dec, 20 2023
Hybrid Vehicle Market Surges to US$ 418.8 Billion in 2022, Anticipating Robust Growth at a CAGR of 28.97% Throfinance - Dec, 20 2023
Firsthand Technology Value Fund Announces Third Quarter ...finance - Mar, 12 2022
Romeo Power Partners With Wrightspeed For Fleet Electrificationfirsthandtvf - May, 11 2021
Wrightspeed, Inc.firsthandtvf - May, 11 2021
Firsthand Technology Value Fund Discloses Top Portfolio Holdings