Torotrak says it has obtained the necessary shareholder approvals to complete its acquisition of Flybrid Automotive.
The deal enables Torotrak to commercialise a hybrid system, to be known as Flybrid M-KERS, a development the company says independent research has identified as one of the most cost-effective powertrain technologies for reducing CO2 emissions.
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It also adds financing and expertise to accelerate the development of Torotrak’s other variable transmission technology applications.
Last year, Torotrak CEO Jeremy Deering, told just-auto. “They [Flybrid] are very motivated and very canny – the combination is going to be very powerful.
“Flybrid will be the branding for all mechanical KERS [energy recovery system] activities – it is a great name.”
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