Announcement posted by EVX Pty Ltd 20 Apr 2016
April 19th, 2016 by Byron Lee
Barry Nguyen, CEO of world leading solar car startup, EVX Ventures, will travel to Berlin, Germany this April to present groundbreaking perspectives on the future of transport at the IdTechEx Show. The Immortus Solar Sports Car is a platform for developing new electric vehicle technologies that will eventually be implemented in affordable mass produced vehicles. The IdTechEx Show is the world’s largest end-user focused technology tradeshow event, and has a component dedicated to Electric Vehicles and E-mobility, which will attract over 2500 industry delegates.
About EVX Ventures
EVX Ventures is working together with Swinburne University of Technology’s leading electric vehicle R&D group in the quest to build the world’s first road-legal solar sports car, the Immortus. At Swinburne, EVX leverages the expertise of engineers with decades of experience in building and racing solar cars in the World Solar Challenge. Electric Vehicle Expert and EVX CTO, Dr Clint Steele, leads a team of over 40 engineers on this exciting journey.
EVX remains on the cutting edge of Electric Vehicle and E-mobility technology, looking beyond the current trend of plug-in vehicles. Barry and EVX Ventures are recognized as an international authority on energy independent vehicles (EIVs), which require no power sources external to the vehicle.
See the video summary of EVX Ventures and the Immortus Solar Sports Car on Youtube here: https://www.youtube.com/watch?v=1iWAQmo4eNc
EVX entered the global media spotlight in August 2015 in major media publications such as Forbes and Fast Company, leading up to an appearance at the SEMA Show In Las Vegas (the world’s largest automotive speciality parts tradeshow), and meetings with key contacts in Silicon Valley, drawing praise and recognition from potential customers and business partners within the automotive industry.
EVX Ventures, through its lean approach, continues to break new ground despite being born in the highly conservative local Australian business climate, which has in the last six months struggled to embrace initiatives by new Prime Minister (and former venture capitalist) Malcolm Turnbull to encourage greater innovation and local startup activity.
A primary concern has been the government’s apparent focus on the digital tech sector at the expense of other industries, whereas EVX’s acknowledgement of local key competencies has enabled it to leverage the strength of Melbourne’s expertise as a previous auto manufacturing powerhouse.
EVX expects to utilise the Immortus as a platform for developing key range-extension technologies, which would benefit commercial fleets and mass-produced vehicles. An example of this is the EVX Hybrid Retrofit Kit, which is being developed as an aftermarket performance component that can be installed in existing vehicles to reduce fuel consumption, reduce emissions, and increase range.
The Electric Vehicle Industry
With the recent media excitement surrounding the Tesla Model 3, which has neared an unprecedented 400,000 pre-sales, there has never been a more exciting time to be a part of the electric vehicle industry, as public demand for electric vehicles soars.
With the rise to prominence of electric vehicles in the media, it seems inevitable that EVs will eventually supersede petrol-powered ICEs (Internal Combustion Vehicles) as the dominant mode of personal vehicle transport in the future.
The Birth of Energy Independent Vehicles
EVX and the Immortus Solar Sports Car appears as a premiere example of an energy independent vehicle in the IdTechEx market research report "Future Powertrains 2016-2036", which foresees the eventual transition of vehicle powertrains from current ICE (Internal Combustion Engines), HEV (Hybrid Electric) and EV (pure electric) to energy independent vehicles (EIV). This report is summarised in a recent article by technology website Smart2zero.com:
EVX hopes to capitalize on this burgeoning market opportunity, having taken the advantage of being a first-mover and leader in the field of EIVs. The EVX team is currently focused on raising capital and developing a prototype of the Immortus, projected for completion within the next 12 months.
The IdTechEx Show promises to be an entry point into establishing new networks and links for EVX in European markets, as the EVX team attends a European business event for the first time. This important event will without doubt build on the momentum gained from important feedback and market validation received during the EVX team's recent trip to the SEMA Show and Silicon Valley in the USA in November 2015.
For more information, and the latest images of the Immortus Solar Sports Car, please contact EVX Ventures Chief Communications Officer, Byron Lee, via email at firstname.lastname@example.org
EVX is on the web:
Website – www.EvxVentures.com
Facebook – https://www.facebook.com/EVXVentures
 Hicks, J , 2015, “Australian Startup Creates Solar and Electric Powered Luxury Sports Car”, Forbes, viewed 18 April 2016 http://www.forbes.com/sites/jenniferhicks/2015/08/30/australian-start-up-creates-solar-and-electric-powered-luxury-sports-car/#71e37164387c
 Schiller, B, 2015, “This Australian Startup is Building a Solar Car that Runs Indefinitely”, Fastco.exist, viewed 18 April 2016 http://www.fastcoexist.com/3050160/this-australian-startup-is-building-a-solar-car-that-runs-indefinitely
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 Lambert, F, “Tesla Vice President Says Model 3 Reservations are ‘approaching 400,000’, real success will be delivery”, Electrek, viewed 18 April 2016, http://electrek.co/2016/04/14/tesla-model-3-reservations-2/
 Accenture, 2014, “The Electric Vehicle Challenge”, Accenture, viewed on 18 April, 2016, https://www.accenture.com/au-en/~/media/Accenture/Conversion-Assets/DotCom/Documents/Global/PDF/Industries_15/Accenture-Electric-Vehicle-Challenge.pdf
 Happich, J, 2016, “Energy Independent Vehicles: The Biggest Market to Come”, Smart2.0, viewed 18 April 2016, http://www.smart2zero.com/news/energy-independent-vehicles-biggest-market-come/page/0/1