HPEV has developed a patented thermal dispersion technology that more efficiently removes heat from motors and generators compared to existing air or liquid cooling solutions. This technology reduces manufacturing costs by over 20-25% and improves power output by 25%, helping manufacturers meet new environmental regulations. HPEV is commercializing its technology with several major motor/generator companies and aims to license its technology for a fee and earn ongoing royalties from each sale. The company's management team has experience successfully bringing new products to market in this industry.