This document outlines a proposed research and development collaboration between Potential Difference Inc. and Siemens. The collaboration would involve two stages: 1) integrating Potential Difference's ReGenX Load Current Delay technology into Siemens' electric machine design software, and 2) using the upgraded software to design, simulate, and construct prototypes of ReGenX generators, motors, and transformers for testing. The goals are to advance technologies for electric power generation, consumption, and electric vehicles. Potential partners for demonstrating and field testing the prototypes are also discussed.