Potential markets
Major opportunities for the LoCar exist in developing countries, where simpler and lower cost solutions are preferred.
The LoCar is also competitive in developed countries as fuel prices increase and emission standards get tighter. The recently announced new emissions target for Denmark (40% reduction by 2020) for example opens huge opportunities for the deployment of the LoCar.
When compared to other high-efficiency solutions, namely fuel-electric hybrids and plug-in electric cars, the LoCar holds advantage in terms of economic efficiency as it offers similar fuel efficiency at much lower cost.