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

The ever-growing market of worldwide sales of electric motors of all sizes and capabilities is estimated to exceed one billion units annually. Energy consumption and the world’s need for alternative energy solutions to improve energy efficiency is a crucial issue for countries small and large throughout the world. Axial Vector Energy Corporation (AVEC) is one company that is capable of supplying the world’s needs.

Axial Vector owns, develops, and licenses revolutionary internal combustion engine and electrical power generator technologies for use in automotive, power generation, appliance, and military applications. The company intends to employ their patent-pending “axial flux” engine and generator set (GENSET) technologies to produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines and motors that are scalable across a wide range of applications and serve in both mobile and fixed-location settings.

Around the world, the proportion of electric