Auto parts companies show off new electric technology at SEMA show in Vegas

  • 📰 CNBC
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Ford introduced the 900 horsepower Mustang Lithium at the SEMA Show in Las Vegas, the annual gathering hosted by the Specialty Equipment Market Association where performance has long been king.

Everywhere you turned at the Las Vegas Convention Center last week, you would find hot rods, sports cars, drag strip racers and the parts and accessories to give them even more muscle.

The aftermarket organization's members are a diverse group, producing everything from in-car air fresheners to roof racks and trailer hitches. But performance is the heart of SEMA and one of the segment's biggest money makers. "It's the wild, wild West when it comes to electrification," CJ Whelan said in an interview. His Colorado start-up, CJ3 EV, will take your BMW 3-Series, Chevrolet Camaro, Porsche 911 — even a '37 Ford hot rod — pull out its gas engine and replace it with a completely new electric drive system."I was born with gasoline in my veins," jokes Whelan, who said he sold his software company last year to open CJ3 EV. "I decided to pursue my passion in automotive.

But there's no question they're going to try. And automakers like Chevrolet are looking for ways to help. The E-10 Concept it showed off at SEMA started out as a 1962 C-10 pickup truck. Its gas engine has been replaced by an electric drive system originally meant for the relatively mundane Bolt EV. But the heavily modified system now makes about 450 horsepower, according to Chevy, and can launch the truck from 0 to 60 in a quick 5 seconds.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines