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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

Green Car Congress

The company’s private placement memoranda informed investors that Scuderi Group intended to use the proceeds from its offerings for “general corporate purposes, including working capital.” Concept Engines Engines Fuel Efficiency Market Background'

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Groups join forces on fuel efficient engine

Green Cars News

China’s fourth largest car manufacturer Chongqing Changan Automobile Co and Orbital Corporation Limited have formed a joint development to work on a concept engine. Currently, FlexDI is only applied in non-automotive applications such as motorcycles, outboard engines and ATVs.

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