An organization known as Zero Labs is in search of invesmemt {dollars}, claiming to be the world’s first platform for the scalable electrification of present autos, aka EV conversions. They write: We’re on a mission to impress hundreds of thousands of present combustion engine autos with the world’s first actually scalable resolution. Zero Labs has already redefined the class delivering World’s most interesting totally rebuilt and electrified efficiency basic vehicles. Now we’re able to increase this resolution too. Now we have signed reservations and inquiries for greater than 75,000+ conversions representing a right away addressable market of over $3.6B in potential income. Turn out to be a Zero Labs shareholder and be part of the trip as we pioneer this $63B market.
There was a day during which this was a compelling concept. I keep in mind it nicely, as a result of it coincided with personal first steps into the EV trade in 2008. Intel’s Andy Grove made a giant splash along with his assertion that EV conversions have been a requirement if the world was going to decarbonize its transportation sector, as a result of the OEMs the place unable (and/or unwilling) to scale the manufacturing of battery electrics.
I’ve to say that I used to be in love with this concept once I first heard about it, though I used to be conscious of the truth that every automotive product has its personal distinctive challenges related to conversion: the design and placement of the engine and its manifolds, the transmission and differential, the exhaust system, the gasoline tank, the suspension, and so on. A few of these points are minor, although many render the unique car a complete nonstarter.
In any case, nobody has heard a peep on this topic from the automotive trade within the intervening 15 years. Now, any OEM that expects to be constructing and promoting vehicles a decade or so therefore has a strong plan in place to part out inside combustion engines in favor of EVs, and thus Zero Labs has zero probability of success.