Zhongding Holding (Group) Co., Ltd. and Global Optima LLC Commit up to $18M to EcoMotors for OPOC Engine Development
Zhongding Holding (Group) Co., Ltd., a large Tier 1 supplier, has signed a letter of intent to fund further development of EcoMotors’ opoc (opposed piston opposed cylinder) engine technology. (Earlier post.)
The agreement specifies that Zhongding Holding (Group) Co., Ltd. and Global Optima LLC, an engineering services company based in Allen Park Mich. with operations in the USA and a new technical center in Shanghai China, will commit up to $18 million of advanced engineering funding focused on the opoc technology, including refinement of the existing EM100D (100mm bore diameter) diesel engine, and development of a smaller gasoline/flex-fuel version, the EM65FF (65mm bore diameter). Global Optima is an international commercial partner of Zhongding.
Global Optima has also expressed the possibility of direct equity investment in EcoMotors. EcoMotors and Global Optima commit to cooperate with Zhongding with the intent of accelerating international commercialization of the opoc technology.
The opoc engine operates on the 2-cycle principle, generating one power stroke per crank revolution per cylinder. Each module consists of two opposing cylinders per module, with a crankshaft between them; each cylinder has two pistons moving in opposite directions. This design configuration eliminates the cylinder-head and valvetrain components of conventional engines, offering a more efficient, compact and simple core engine structure, the company says. The power density is more than 1 hp per pound of engine weight. The fully balanced opoc engine can be run on any liquid fuel.
The engine architecture—specifically, the ability to achieve true modular displacement—delivers up to 60% greater fuel efficiency, according to the company. With 50% fewer parts than a conventional engine, the opoc is less expensive to manufacture, to purchase and to operate.
We are confident that further development of the remarkable opoc technology will enable the new generations of clean, fuel efficient vehicles that car buyers expect and demand in the years to come.
—Xia Dinghu, the Chairman of the Zhongding Holding