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EcoMotors

Founded in early 2008, EcoMotors is commercializing an opposed-piston opposed-cylinder (OPOC) engine for use in cars, light trucks, commercial vehicles, aerospace, marine, agriculture, auxiliary power units, generators, etc. This engine was promoted to significantly improve fuel efficiency, and substantially reduce production costs when compared to convententional internal combustion engines.

The principal officers of EcoMotors are: Prof. Peter Hofbauer (chairman, chief technology officer and inventor of the OPOC engine), Donald Runkle (chief executive officer) and Amit Soman (president and chief operating officer).

The two primary investors in EcoMotors are Khosla Ventures and Bill Gates. Vinod Khosla, who founded Khosla Ventures in 2004, was founder and CEO of Sun Microsystems and formerly a general partner at Kleiner Perkins.

In April 2013 EcoMotors announced a deal to have Chinese auto parts giant Zhongding Power build a $200 million factory in the Anhui Province in eastern China. The factory hoped to produce 150,000 OPOC engines per year, with a further site reserved to take production to 400,000. The engineblocks will be made of CGI ( compacted graphite iron) and will be produced at a fully automated Zhongding foundry in Anhui by a licence from Sintercast of Sweden which is the world leader in CGI-technology. The production was first annonced to commence in 2014 but is now delayed to the second half of 2015.