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Kachan & Co. refutes this and predicts 2011 to be a great year for the CleanTech industry.
2011: What is in Store for Cleantech?, Feb 2, 2011
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Electric scooter maker with superior range and durability expanding into new markets
Greenwit's MOTORINO is a Canadian brand of high quality electric scooters, bicycles and motorcycles (trade mark registration number TMA737780.) All models have been partially or completely designed by Greenwit Technologies. More than thirty different models of Motorino scooters and bicycles have been introduced to the North American market since 2002.
Some suppliers simply source Asian markets for bikes and motors. Greenwit says it has taken a proactive role, designing new electrical and mechanical parts from high quality materials to cope with lacklustre performance from stock parts. This six year process of feedback and redesign is evident in Greenwit Technologies’ newest models, which offer superior power, range and durability, the company claims.
The latest development to be applied to Motorino scooters is the CCT driving system. This new motor features larger and more powerful magnets in its rotor, producing better torque for the same amount of current. This leading motor and its controller were designed in Canada, but are manufactured in Taiwan to the strictest quality controls, according to the company. The drive systems are then sent to an ISO 9002 certified assembly factory where all of the company's products are assembled under the supervision of Greenwit representatives.
"It's a very attractive concept for us. This is a huge market." (Thomas Weber - BMW R&D at Paris Autoshow 2010)
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Kachan & Co. (Kachan) is not registered as an investment dealer or advisor with any securities commission or similar regulatory authority in any jurisdiction and cannot and will not have any involvement in any transaction that may take place between the Company above and any prospective investor. Kachan will not a) discuss any matters with the Company or investors that requires familiarity with securities, b) advise the Company or investors on the merits of particular investments, securities, any proposed listing of securities on any exchange or quotation service or otherwise provide securities advice, c) participate in negotiating the terms of any transaction, or d) handle funds or securities in connection with any transaction.
Kachan has not verified the information provided by the Company and makes no warranties or representations regarding the truth, accuracy or completeness of the information provided by such. Kachan is not responsible for the release of any confidential, restricted or proprietary information provided by the Company above.