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REINVENTING THE WHEELS
The report 'REINVENTING THE WHEELS' proposes the 'Hypercar'—an ultralight hybrid-electric vehicle—as a way to increase fuel efficiency tenfold compared to 1990s standards. The authors argue that combining advanced composite materials to reduce weight and aerodynamic drag with a hybrid-electric drive to recover braking energy can create vehicles that are safer, cleaner, and cheaper to manufacture than traditional steel cars. The document advocates for a shift in industrial strategy and the use of 'feebates' to accelerate the transition away from the 'Iron Age' of automotive manufacturing.
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Document type: Report