When the door at Tesla Motors closed for three of its employees in Metro Detroit, it opened for their own venture, ALT Powertrain Technologies.
"All of us fell in love with the electric transportation dream" says John D. Thomas, co-founder & CEO of ALTe Powertrain Technologies
The 3-year-old company is developing range-extended plug-in electric hybrid powertrain for light commercial fleet vehicles. It has successfully installed its powertrain system in the Ford Econoline E350 van and Ford F-150 truck platforms.
ALTe Powertrain Technologies recently signed a seven-year lease for 185,000-square-foot building Auburn Hills, which it plans to use for production and as its headquarters. The company has grown to 50 people, including a recently hired Oakland University
intern. It has hired 18 people over the last year.
"If all goes well we will be launching our product by the end of the year," Thomas says.
Source: John D. Thomas, co-founder & CEO of ALTe Powertrain Technologies
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.