Today, the very large and rapidly growing number of electric motors, many that are highly inefficient, consume nearly 50% of the world’s electricity. In the USA alone, the Department of Energy (DoE) reports that electric motors consume almost 60% of all generated electrical power. A rather surprising statistic shows refrigeration for homes and offices consumes nearly 10% of the world’s energy. Electric motors powering the HVAC (heating, ventilation and air conditioning) systems in commercial buildings account for approximately 50% of the building’s total electric costs.

Axial Vector Engine Corp (AXVC.PK) is a publicly traded global solutions company that owns, develops, and licenses revolutionary combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military application. Their patent-pending “axial flux” engine and generator set (GENSET) technologies produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines