AHS NEWSROOM
Welcome to the Advanced Hybrid Solutions Ltd. Newsroom, where we share the latest updates, innovations, and exciting developments surrounding our work towards revolutionizing hybrid technology and sustainability.
Table Of Content
Ground-breaking fuel-saving invention needs help
By Melissa Gulbin
January 30th 2016
A GROUND-BREAKING hydraulic motor, which promises to reduce heavy vehicle fuel cost by 30-40%, could be retrofitted in every truck worldwide.
However, in order for the Lismore-based Advanced Hybrid Solutions to win the worldwide race to the marketplace, the publicly- listed company needs to harness the support of shareholders.
The challenge 82-year-old Neil Hargreaves has is to prove to potential investors how far the hydraulic technology has comes since it was administered under the failed Permo-Drive start-up. The liquidated company left 900 shareholders out of pocket.
While Mr Hargreaves admits Permo-Drive was “a disaster”, he believes his brand new hydraulic motor – able to capture braking energy at high-revs in heavy vehicles – is a winner.
Permo-Drive failed to attract buyers for similar technology and, despite much-hyped talks with the US Army, went into administration with unserviceable debts in 2012.
Permo-Drive failed because “the technology was not there yet,” Mr Hargreaves said.
“My aim before I go, and I’m racing time, is to have it all set up. I want it to be local and I want it to work,” he said.
So far, 53 of the 900 shareholders of Permo-Drive are backing the second- generation company.
Page PM Kevin Hogan said it was an energy conservation technology that could reduce our reliance on fossil fuels.
“It could be potentially revolutionary,” he said. “It started off here and we need to help you keep it local.”
Mr Hargreaves said there was no other equivalent and the company was looking into crowd-funding.
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Upcoming Event
2025 AGM
By AHS
February 11, 2025
Looking ahead, we are excited to announce our 2025 Annual General Meeting (AGM). This event will be an opportunity for our stakeholders to hear updates on our ongoing projects, future goals, and commercial strategies. More details will be provided closer to the event date. Stay tuned for further information.
Recovery from the Lismore Floods
Resilience and Rebuilding
By AHS
February 11, 2025
In early 2022, Lismore, where AHS Ltd. is based, was devastated by catastrophic flooding. Like many businesses in the region, AHS was severely impacted. However, the resilience and determination of our team, combined with the unwavering support of our local community, have allowed us to recover and continue our mission to advance sustainable hybrid technologies.
We are proud of how far we’ve come since the flood, and we remain committed to supporting the region’s recovery while advancing our environmentally-friendly solutions.
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A New Chapter for AHS
Welcoming Glenn Campbell as Director
By AHS
February 14, 2025
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Advanced Hybrid Solutions Ltd. is pleased to announce that Glenn Campbell has been appointed as the new Director of the company, effective immediately. Glenn will be taking over the role from Michael Carson, who has served as a key leader at AHS since 2021.
Glenn brings a wealth of experience to AHS, having worked in [experience]
[Quote from Glenn in regard to joining AHS and taking over from Michael]
[How Glenn’s experience will help guide AHS further and improve on the foundation left by Michael]
We also want to express our heartfelt thanks to Michael Carson for his leadership during his tenure at AHS. Michael has been a pivotal figure in advancing our research initiatives and guiding the team through critical milestones. His contributions to AHS have been invaluable, and we wish him the very best in all his future endeavors.
With Glenn’s leadership, AHS is poised to continue making strides in hybrid research, developing technologies that promise to shape the future of energy systems across industries.
Please join us in welcoming Glenn Campbell to the AHS team. We look forward to the exciting developments under his direction as we continue our mission to innovate and pave the way for sustainable energy solutions.
There is keen interest in hybrid technology because not only does it offer a reduction in running and maintenance cost, it also offers an even greater reduction in noise and pollution. A great number of large organisations have strong mandates to invest in technology that will assist them in meeting their pollution reduction targets. We have the interest of a number of highly regarded organisations.
Our plan is to supply a hydraulic hybrid platform to a waste management operator for operational trials and supply test units to Korean interests who have demonstrated much interest in our unit. Our hydraulic hybrid platform has the potential to make a marked difference in reducing the running costs of waste management and transport companies, corporations and local councils the world over.
Be seen to be Green. Individuals and corporations need to be playing a part in reducing Green House gas emissions. Our project offers a supreme opportunity to be involved.
AHS Prospectus
Fundraising and Expansion Plans
By AHS
February 11, 2021
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A Warm Welcome to Michael Carson, New Director of AHS Ltd.
By AHS
February 11, 2021
We are thrilled to announce the appointment of Michael Carson as Director of Advanced Hybrid Solutions Ltd. Michael brings over 25 years of experience in mobile systems and product management, specializing in mobile hydraulic & control systems, and will play a crucial role in our transition toward full commercialization.
His wealth of expertise, including his specialization in electro-hydraulic control systems and OEM solution sales, makes him an invaluable addition to the AHS team. Michael’s experience with international suppliers and his proficiency in solving complex technical problems will help guide our operations as we scale and expand.
We look forward to Michael’s contributions as we continue our efforts to bring our hybrid technology to the global marketplace.
Michael Carson