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Sounds like their magnetless motor tech is similar to Tesla Motors. From previous articles, it seems that Raser created hub motor versions of the motor that Tesla uses in their roadster.
Another E-rev to be released, but when?
Actually an SUV! Described here:
http://www.greencarcongress.com/2008/04/raser-to-unveil.html#more
http://www.greencarcongress.com/2008/04/raser-to-unveil.html#more
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