May 28, 2006 When we think high tech sustainable automotive transport, the natural direction of thinking heads towards Daimler Chrysler, Toyota, General Motors, Ford, Volkswagen, and the established powerhouses of the automotive market which have the turnover to generate the massive R&D budgets needed to explore and commercialise significant new technologies. We can now add another name to that list and it’s one most of our readers won’t know. Kosmo Motor Company Sdn Bhd (Kosmo Motor) is a wholly owned subsidiary of Kosmo Technology Industrial Berhad (Kosmo), and was established in July 2005 with the aim of providing reputable and compatible commercial vehicles to the Malaysian market and the world. Yesterday the company announced it would be acquiring a 26 per cent stake in German automotive research and development Company Loremo which produces economically and ecologically friendly cars such as the featherweight 150 mpg Loremo LS and unveiled a prototype city bus chassis to be powered by compressed natural gas (CNG) at the Kuala Lumpur International Motor Show.
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