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Race hots up to commercially produce the first car running on ordinary tap water
Source: BI-ME , Author: BI-ME staff
Posted: Tue June 17, 2008 12:00 am

INTERNATIONAL. Ethos, the Swiss-based company, looks as though it has come up against some very stiff competition, now from the Japanese, in the race against time to commercially produce the world's first water-powered car.

Ethos is working very closely in conjunction with Daniel Dingle, who was one of the first people in the world to convert his car to run on ordinary tap water way back in 1968. The firm has set up a new foundation to help bring these products to the world whilst helping Daniel to raise money to help his fellow Filipino people, called the Dingle Foundation.

But the competition is now hot on their heals. Japanese company Genepax has presented its eco-friendly car that runs on nothing but water. The car has an energy generator that extracts hydrogen from water that is poured into the car's tank. The generator then releases electrons that produce electric power to run the car. Genepax, the company that invented the technology, aims to collaborate with Japanese manufacturers to mass produce it.

So the battle continues in this race against time and it will be very interesting now to see who wins this incredible race.

The Ethos Research and Development Department, headed by Professor Steven Gallant, has many interesting new products that it is working on, including its latest supplemental hydrogen products that are simply fitted to any petrol or diesel vehicle to greatly reduce their fuel consumption and also their harmful emissions:

The Ethos Group have also recently opened up a private share offer on 1 June 2008 and it has set up a new stock Exchange website to buy and sell the Ethos shares. When asked for his comments, Ethos CEO Peter Aldred said: "We feel that this is an excellent way to both help the company expand and grow even faster whilst allowing our members to profit from the success of the company as it expands and grows.

"This has been confirmed by the incredible response that we have seen already from our 8,000 members and the shares have risen by 27% in the first 14 days yielding very healthy profits for all of the shareholders. The plans we have for the coming months ahead are very exciting and we are preparing hard for the unprecedented growth we see before us. This really is a win-win-win situation for everyone. There will never be a better time than now to get involved with Ethos," he said.

For share information log on to www.ethosexchange.com

See also www.ethoseu.com and www.ethosfreeenergy.com and www.dinglefoundation.com

 

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