Fox-Rubin is new head of Hypercar | AspenTimes.com

Fox-Rubin is new head of Hypercar

Aspen Times Staff Report

The Basalt company that is promoting and developing the technology for the next generation of automobiles promoted Jon Fox-Rubin from chief operating officer to president and CEO this week.

Fox-Rubin takes over the reins of Hypercar Inc. five years after he helped found the company. The founders first worked through Rocky Mountain Institute, a not-for-profit “think-and-do-tank” that eventually spun off the for-profit Hypercar Inc.

Hypercar is an advanced automotive technology company which aims to help create vehicles that achieve breakthrough fuel economy and low emissions without compromising safety, market attractiveness, affordability or driving performance.

Since Hypercar was established as its own entity, Fox-Rubin helped the company secure financing, develop a team and create the “Revolution,” the firm’s first concept vehicle. He formerly held the positions of vice president of business development and corporate secretary as well as COO.

Since the company’s inception, Fox-Rubin has helped it secure $7 million in equity finance to develop and market its advanced technologies. Hypercar is developing relationships and partnerships within the automotive industry to bring vehicles like the “Revolution” to market.

He earned three degrees in mechanical engineering – a B.S. with honors from CU-Boulder and an M.S. and a Ph.D. from Massachusetts Institute of Technology at the Sloan Automotive Laboratory. Fox-Rubin was recently selected by the World Economic Forum as one of 36 “Technology Pioneers” of 2002. Technology pioneers are chief executives who are developing and applying the most innovative and transformational technologies throughout the world.

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“I am excited about the company’s prospects as we enter our next stage of business and product development,” Fox-Rubin said in a statement. “We plan to lead the development of lightweight vehicle solutions, ones that will enable advanced fuel-cell drivetrains such as those promoted by the proposed U.S. government’s FreedomCar program.”