New Motor Wins Product Development Deal from AMP
New Motor Advisors brings knowledge to companies that have a value proposition for the market but have limited experience specific to automotive product development. It is wise for these companies to be linked to the available automotive infrastructure to achieve their vision. This is especially common with electric vehicle programs (hybrids, battery electric vehicles (BEV), plug-in hybrids (PHEV)) and other green technologies.
AMP is a company that has recognized early the advantage of combining the entrepreneurial vision with the automotive experience base.
New Motor Advisors was formed to provide Detroit-based vehicle development, component or fleet advisory services for strategy, technology and product program execution.
Available expertise includes full vehicle or subsystem/chassis/powertrain/propulsion projects with highly-experienced automotive OEM executives. OEM and automotive supplier expansions into new markets or segments and the new hybrid/electric vehicle development surge has created needs for advisory services from highly experienced automotive executives.
Dave Stenson, founder and president of New Motor Advisors, said: â€œNew Motor Advisors is pleased to bring our depth of automotive product development experience to AMP. We have over 200-years combined experience in our direct and extended expert network to assist established or start-up companies like AMP.â€
Jim Taylor, CEO of AMP, said: â€œWe are on an aggressive path toward commercialization of our vehicle conversions for several customers through development and integration of our all-electric propulsion system. The New Motor Advisors team brings added depth of automotive experience we can leverage at this stage of our development.â€
Will the contract benefit the firms?
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