Wrightspeed, Inc.

6.2% of portfolio as of 12/31/17

Wrightspeed provides electric drivetrains as retrofit kits to the medium-duty truck market. The company's electric-powered drive system provides customers with exceptional efficiency, low emissions, and full power and torque. It utilizes plug-in grid power, regenerative braking, and a turbine generator for highly efficient range extension. The Wrightspeed powertrain is best suited to trucks and buses that perform a large number of starts and stops in daily operation. We believe the tremendous potential fuel savings to the trucking industry represents a significant revenue opportunity for Wrightspeed. Wrightspeed, Inc. was founded by Ian Wright, a co-founder of Tesla Motors.

Turbine Power

Turbine powered jet aircraft made their first commercial flights in the in the early 1950s. Turbine powered engines provided a superior power-to-weight ratio that set off the modern aviation revolution. Wrightspeed is harnessing the power of turbine engines for use in the commercial trucking industry.

Wrightspeed's flagship product is the RouteTM, which is a range-extended electric powertrain that is based on the company's proprietary turbine engine—the Fulcrum. The Fulcrum engine powers an on-board generator that charges the batteries, while the electric motors drive the wheels. The Fulcrum runs only when needed and can run on a variety of fuels, including diesel, liquid or compressed natural gas, liquid propane, or landfill gasses.

Wrightspeed technology uses a geared traction drive (GTDTM) to deliver power to the wheels from a whisper-quiet electric motor instead of relying on combustion power, which translates into much quieter acceleration. The clutchless gearbox uses software to replace traditional transmission components, which reduces the truck's weight. The GTD magnifies the high torque of the electric motor, enabling quick starts even on hills and allowing efficient cruising speed on highways.

Wrightspeed's Route is a replacement powertrain that allows existing trucks to be retrofitted into electric vehicles, enabling companies to comply with government emission mandates without replacing entire fleets of gasoline/diesel-powered vehicles.

Same Work, Half the Fuel

The Route is available in three sizes (250, 500, and 1000) to power light-, medium-, and heavy-duty trucks. Each of these solutions enables fuel consumption reductions of more than 50%, compared with existing solutions using current technology.

  Route 250 Route 500 Route 1000
Horsepower 150 hp 250 hp 400 hp
Top Speed 50-72 mph 50-72 mph 50-72 mph
Maximum Grade 40% 40% 40%
MPGe* 17.9 11.1 7.0
Fuel Consumption Reduction 67% 74% 70%
*Miles per gallon equivalent

Regenerative braking and fewer moving parts combine to offer significantly reduced maintenance costs for trucks using the Route. The Fulcrum also surpasses existing California Air Resources Board (CARB) emissions regulations.

Recent News

Wrightspeed received an order for 17 garbage trucks from The Ratto Group, a Santa Rosa, California-based provider of refuse and recycling services. The first truck was delivered to Ratto in November 2016. In addition Mack Trucks announced in June 2016 that it is evaluating the Wrightspeed powertrain in its Mack LR model garbage truck. Wrightspeed also has received a $30 million order from NZ Bus, New Zealand's largest urban bus operator. Wrightspeed will provide its Route 500 powertrain technology to NZ Bus to retrofit its existing fleet of buses and electric trolleys. Read more about this deal here.

  • 67%
  • Reduced Fuel Consumption
  • 63%
  • Reduced Emissions
  • $25,000
  • Annual Maintenance Savings