LE MANS, France, June 15, 2017 /PRNewswire/ -- Green4U Technologies, Inc., formed in 2016 to provide electric vehicles (EVs) and EV technologies, and Panoz, a Green4U company, today unveiled an all-electric race car concept with the goal of delivering performance and range similar to internal combustion engine and hybrid powertrain race cars and able to compete in long-distance endurance races.
Don Panoz, chairman and co-founder of Green4U Technologies, Inc., unveiled the new race car concept this morning during an announcement at the company's display in the 24 Hours of Le Mans Village. Christened the Green4U Panoz Racing GT-EV, it is being developed at the company's design and engineering hub in Braselton, Ga.
"We're debuting it here at Le Mans because of this iconic race's history where the brightest and most ambitious and tenacious competitors always push the motorsports and automotive boundaries," Don Panoz said. "We pushed the boundaries when we brought Sparky [the 1998 Panoz Q9 GTR-1 Hybrid] and the DeltaWing to Le Mans, and we'll do the same with the all-electric GT-EV.
"Our goal is to run our car in a race, perhaps even applying for a future Garage 56 slot, and apply what we learn to our Green4U EV vehicle designs."
Jack Perkowski, Green4U Technologies, Inc. CEO and co-founder, added, "The development of an all-electric race car that can compete with the best internal combustion engine race cars places Green4U at the forefront of electric vehicle technology."
The Green4U Panoz Racing GT-EV team, led by Vice President of Engineering & Design Brian Willis, has outlined the race car's initial design and performance targets:
- 400 to 450 kW total power
- 175 to 180 mph top speed
- Removable battery pack design enabling battery exchanges during pit stops
- 90- to 110-mile range in race conditions
- All-wheel drive with two electric motors (One driving the front wheels and the second powering the rear wheels)
- 2,200 to 2,750 lbs. total mass with battery pack
- Roughly 192 x 72 x 48 inches (L x W x H)
- A unique carbon fiber chassis design with an offset closed cockpit
- Active aerodynamics to reduce drag on straightaways and increase range and performance
- Regenerative braking technology on all wheels
"Our team is focused on achieving the speed and range of current road racing sports cars," said Willis. "Key is the ability to go as far as petrol and hybrid race cars on the power contained in a single battery pack, then exchange the battery in about the time that it takes them to refill their tanks."
Don Panoz considers the Green4U Panoz Racing GT-EV to be the 'Holy Grail' of racing, and is an avid believer in 'roots in racing' and pioneering and proving innovative technologies through motorsports.
Green4U Technologies, Inc. also revealed renderings of its proposed street-legal sports car based on the GT-EV. Conceptualized by renown car designer Peter Stevens, who has contributed to the design of many vehicles such as the Panoz Esperante GTR-1, the design features a unique two-passenger, jet fighter-style passenger compartment where the passenger sits behind the driver.
ABOUT Green4U Technologies, Inc.
Founded in late 2016, Green4U Technologies, Inc. acquired Braselton-based DeltaWing Technology Group this year to serve as the foundation for the company's EV operations. Don Panoz originally created the DeltaWing Technology Group to consolidate his organization's transportation, aerospace, aviation, defense industries, and motorsports design, engineering and manufacturing expertise. In addition, Green4U acquired Panoz LLC and Team Panoz Racing.
As a result of the acquisitions, Green4U Technologies, Inc. realizes immediate motorsports development, engineering and manufacturing expertise and capabilities.
Following his successes in the pharmaceutical and resort industries, Don Panoz turned his attention to motorsports and made indelible marks in the IMSA sports car, IndyCar and Champ Car World Series racing circles.
In 1997 Panoz created the Panoz Esperante GTR-1, the first successful front mid-engine prototype race car in more than 30 years of racing. He followed this a year later with the world's first successful modern hybrid race car – the Panoz Q9 GTR-1 Hybrid – affectionately known as "Sparky." More recently he has continued his 'never follow the status quo' beliefs by racing the DeltaWing Roadster and DeltaWing Coupe race cars, competing with roughly half the horsepower, about half the weight, and significantly less fuel consumption than its competitors.
More details about the Green4U Panoz Racing GT-EV's specific battery, electric motor, other relevant technologies, and the street-legal GT-EV sports car will be available at a later date. For more information about Green4U Technologies, please visit https://www.green4u.com/
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SOURCE Green4U Technologies, Inc.