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      Spotlight on Innovation: ReGo

      Posted on October 24, 2011 at 11:37 AM

      This is part of a series, “Spotlight on Innovation,” featuring companies who will have exhibits in Innovation Hall at the Governor’s Job Summit tomorrow. 

      The Electric vehicle revolution is being pioneered right here in Minnesota. ReGo is a Minnesota-based company that is dedicated to making advances in plug-in conversion technology for existing hybrid vehicles. The company has a triple bottom-line business model that balances people, planet and profits.

      To address the plug-in skeptics, ReGo has focused much of its initial efforts on increasing battery efficiency during Minnesota’s extra cold winters, as reported by WCCO. Garrett Ferderber of ReGo explains in this piece that his company has found a way to convert some of the energy gained while a car is plugged in to keep the battery cells warm even in the coldest temperatures. A converted Prius can be taken from 45 MPG to 75 MPG with ReGo’s state of the art lithium-ion battery.

      Since launching hybrid conversions in 2010, ReGo has already had some high profile customers, including Minneapolis Mayor R.T. Rybak. This was his second hybrid-to-plug-in conversion. In the two years since his first, the price of a conversion has dropped from $11,000 to $5,000. ReGo is working hard to develop technology to make sure the price keeps dropping quickly.

      ReGo will create 15 green jobs for the Minnesota economy and spend $2,000,000 in the local economy in the next two years. The company supports the local economy wherever possible and uses resources from their business to create new local opportunities.

      ReGo will be presenting at the Innovation Hall of the Governor’s Job Summit at the St. Paul Crowne Plaza on October 25. The company’s dedication to advances in 21st century battery technology is set to poise Minnesota well as the world embraces more efficient energy.