Quantum Fuel Systems (QTWW) Receives $600,000 in New Orders for Natural Gas Storage Tanks for Light Duty Vehicles
Natural gas, alternative fuel systems and clean propulsion vehicle technologies leader Quantum Fuel Systems Technologies Worldwide has announced the receipt of purchase orders from new and existing customers amounting to around $600,000 for its ultra-lightweight Q-Lite compressed natural gas (CNG) fuel storage tanks for light-duty vehicles. The company’s advanced carbon composite natural gas vehicle storage systems are very lightweight and high capacity, making them attractive for a wide variety of vehicle classes – from light duty to heavy duty – to improve performance and fuel economy. Quantum’s business plan for 2013 centers on CNG and will be fueled by the…