Wrightspeed awarded as Technology Pioneer by World Economic Forum

Manufacturer’s Route™ powertrains are displacing conventional diesel engine and transmission systems in commercial trucks and mass transit fleets.

Wrightspeed Inc., an Alameda, California-based manufacturer of range-extended electric vehicle powertrains, has been awarded as a World Economic Forum’s Technology Pioneer, a selection of the world’s most innovative companies.

Designed as a replacement for conventional piston engine and transmission systems, Wrightspeed’s Route™ is a range-extended electric vehicle powertrain that provides unlimited range and dramatic fuel cost reductions for today’s refuse, delivery and mass transit markets.

Wrightspeed was chosen by a professional jury among hundreds of candidates as one of the 30 selected companies. Thanks to its selection, the company says it will have access to an influential and sought-after business and political network worldwide. Ian Wright, CEO and founder of Wrightspeed, participated in the Annual Meeting of the New Champions in Tianjin, People’s Republic of China, June 26-28. Additionally, many Technology Pioneers also will participate in the World Economic Forum Annual Meeting 2017, Jan. 17-20, 2017, in Davos-Klosters, Switzerland.

“We welcome Wrightspeed in this group of extraordinary pioneers,” says Fulvia Montresor, head of Technology Pioneers at the World Economic Forum. “Wrightspeed is among those companies that are shaping the fourth Industrial Revolution, a technological revolution that will fundamentally alter the way we live, work and relate to one another. Through the platform of the World Economic Forum, it will be able to scale and share its technology and achieve a larger impact.”

Wright says, “We are honored to be recognized by the World Economic Forum as one of the world’s most innovative companies. At Wrightspeed, we’re dedicated to achieving efficiency without compromising performance. This award affirms the efficacy of our approach to improving the performance and operations of our cities’ most demanding vehicles, and we’re proud to know the world’s leading economic thinkers are aligned with our vision.”

As in previous years, American-based entrepreneurs continue to dominate the list of Technology Pioneers, with 22 out of 30 recipients. Other selected pioneers come from France (2), Luxembourg (2), and Canada, Israel, Sweden and the United Kingdom. The Technology Pioneers are mostly active in IT, health (medtech), food, energy, environment, financial services (fintech) and production.

The Technology Pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact, working prototype, viability and leadership. Past recipients include Google (2001), Wikimedia (2007), Mozilla (2007), Kickstarter (2011) and Airbnb (2013). More information on past winners can be found here.

 
 

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