An air-powered auto

08.29.18

A group of Egyptian students has developed a vehicle they say will promote clean energy and take on rising energy costs by running on nothing but air, reports Reuters.

The compressed oxygen-powered car was part of a graduation project for a team of mechanical engineering students at Helwan University. The students now plan to roll out a one-person prototype of the go-kart-like vehicle they claim has a top speed of nearly 25 mph and costs about $1,000 to build.

“The operational cost of the vehicle … will be almost nothing. You are basically using compressed air. You are not paying for fuel and also do not need cooling,” said Mahmoud Yasser, a member of the design team.

One possible downside: the prototype can travel only about 18 miles before needing to come up for air. (Source: Reuters


Articles are chosen for summary in this Market Intelligence blog based on newsworthiness in conjunction with The Infinite Loop themes. Any opinions and views expressed in the articles are generally those of the underlying author from the source listed, are not necessarily current as of the date of this blog, may change as market or other conditions change, and may differ from views expressed by Ivy Investment Management Company and its associates or affiliates. Actual investments or investment decisions made by Ivy Investment Management Company and its affiliates will not necessarily reflect the views expressed in the articles. These articles are distributed for educational purposes only and are not investment advice or a recommendation to purchase, sell or hold any specific security mentioned in the article or to engage in any investment strategy. Investment decisions should always be made based on each investor’s specific financial needs, objectives, goals, time horizon and risk tolerance. Securities discussed may not be suitable for all investors.