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Performance CNG wants to crowdfund natural gas-powered Ford Mustang

Fri, May 16 2014 Soliciting investments to develop a street-legal compressed natural gas (CNG) powered Ford Mustang that can deliver 470 horsepower certainly wouldn't make sense on a site called Indiestopstop. Nope, Indiegogo is the more-appropriately-named site that one Michigan entrepreneur is using to try and crowdfund his CNG 'Stang. He's looking to raise $55,000.

Michigan's Daryl Patrishkoff and his company Performance CNG LLC showed off their converted 2003 Mustang last year at the Woodward Dream Cruise in Royal Oak, MI in an effort to get some exposure for the car, which can run on both gas and CNG. The company and its three-man team is looking to further develop the project in the name of a fueling source that is 40 percent cheaper than gasoline, throws off as much as 30 percent fewer tailpipe greenhouse gas emissions and makes the country less dependent on foreign oil. Performance CNG estimates that just 120,000 of the world's 15 million CNG-powered vehicles are in the US and is calling for more.

As for the $55 grand, Patrishkoff estimates that more than half of that amount would be committed to the Environmental Protection Agency (EPA) testing of emissions, fuel economy and horsepower. The problem? As of right now, only $150 has been raised. Check out Performance CNG's press release below and see the fundraising effort on Indiegogo here.
Eco-Friendly Muscle Car?

CNG vehicles save money, emit less pollution and creates jobs from American-mined fuel

SHELBY TOWNSHIP, Mich., May 5, 2014 /PRNewswire/ -- Daryl Patrishkoff of Shelby Township, MI, has a vision for the American automotive industry. He firmly believes that our fuel of choice should be Compressed Natural Gas (CNG), not gasoline. Until the full CNG infrastructure is in place a Bi-Fuel vehicle, fueled by either CNG or gasoline upon the drivers command, is the bridge vehicle that can lead this transition.

Patrishkoff heads up a (3) man technical team developing this technology. The advantages are:

40 percent savings in fuel costs at the pump
25-30 percent reduction in harmful emissions
100 percent US provided natural gas
Meaningful employment for the US economy
The most important benefit, however, is that a CNG-powered vehicle runs on fuel that can be mined in America, eliminating the need for foreign oil. "After decades of political rhetoric, these types of vehicles can truly lead the US to energy independence," he said.

Although CNG is used in more than 15 million vehicles worldwide, acceptance of this alternative fuel has been slow in the US. There are only 120,000 CNG vehicles in the country, most of them company fleet and municipal buses which have been in service for decades.

Patrishkoff and his team, known as Performance CNG, LLC (www.performcng.com), are trying to change all that by demonstrating practical applications on multiple vehicles. On their current project they have converted a 2003 Mustang Street Legal Muscle Car to a Bi-Fuel configuration. It has taken thousands of hours and a significant amount of money to get the Muscle Car developed to automotive engineering standards. It is now a legitimate road vehicle which puts out 470 HP at the rear wheels (over 500 HP at the crank) on either fuel using alcohol injection.

Patrishkoff invested his own money and received support from his partners, local automotive companies, friends and family. This Bi-Fueled Mustang Muscle Car was unveiled last year at the Woodward Dream Cruise in Royal Oak, MI; the world's largest one-day automotive event, drawing 1.5 million people and 40,000 classic cars.

Since then the Bi-Fueled Mustang has traveled to many universities, community colleges, high schools, industry seminars and alternative energy events to bring awareness to this technology and the value proposition of using CNG as a fuel for many types of vehicles.

Having demonstrated that using CNG does not decrease HP from a gasoline baseline, the next step is to show it can increase HP. For that purpose Patrishkoff needs an additional $55,000 of funding. About $15,000 of this total is needed for high-performance CNG components and $10,000 is required for engine calibration refinements on the Dynamometer. The remaining $30,000 is slotted for EPA 75 testing (emissions, MPG and horsepower).

In order to raise funds for this final phase of this project, Patrishkoff has launched an Indiegogo campaign that can be viewed at www.indiegogo.com/projects/street-legal-muscle-car-running-on-cng/x/7109221.

Depending on their levels of contribution, backers can receive brochures, technical documentation and continued project progress updates of the project. The top donation level also receives (2) invitations to the grand unveiling event.

But, most of all, they'll be contributing to a cleaner environment and for the first time a true path to US energy independence that creates long-term meaningful jobs for our economy.

"We're shattering the various paradigms about the application of Compressed Natural Gas used in real consumer vehicles," Patrishkoff said. "This final stage of the project will prove the point that CNG is a high performance fuel backed up with real engineering data that complies with global automotive standards."

For further information; www.indiegogo.com/projects/street-legal-muscle-car-running-on-cng/x/7109221 or the Performance CNG website, www.performcng.com.

By Danny King


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