TOLEDO -- A local company is playing a big role in developing new technology that is changing the automotive industry. The sleek curves of the Alias, a three-wheel car of the future, will catch the eye of anyone trying to preserve the environment since the car runs on batteries instead of fossil fuels.
The fiber glass prototype was designed by engineers at Toledo-based Applied Technology after a California company asked them to develop the car. The CEO says it's a great opportunity for a community with a long history in the auto industry.
"It has full highway capability but keeps the weight and energy consumption at a fairly low level. A light weight energy, aerodynamic vehicle," says Craig Winn, CEP of Applied Technology. "If we're able to show that we have the skills and technologies to develop and build this here and do it cost-effectively against a tough global competition, we can replace some of those jobs we've lost. It could be significant over time," Winn says.
That could allow Toledo to become part of the automotive future as well as the automotive past. It's expected to run a buyer somewhere in the $30,000 range making it expensive to buy, but inexpensive to drive.