USA: Dana and Permo-Drive Technologies to work on fuel-saving hybrid vehicle system for US Army
Dana Corporation and Permo-Drive Technologies Ltd. have announced that they have signed an exclusive licensing agreement for the design, development, and supply of the Permo-Drive Regenerative Drive System (RDS) for use in the US Army's Family of Medium Tactical Vehicles (FMTVs). The Army has indicated its intent to introduce a hybrid drive system into its FMTVs -- possibly as soon as 2006.
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