The team at Faragen is pleased to announce the official launch of its first-ever equity fundraising round with a mission to bring its groundbreaking hydrogen-electric hybrid car technology to life faster and forever change the automotive and synthetic fuels markets.
Alex Metcalfe, founder and CEO at Faragen, is a creative visionary on a mission to change the world. He has carefully brought his dream to life, a dream that sees hydrogen-electric hybrid cars as a solution to the world’s dependence on fossil fuels for everyday transportation. Faragen is a hydrogen-based ecosystem that will redefine the future of automotive transportation, fossil fuels, and advanced graphene production with sustainable, scalable alternatives to fossil fuels by integrating hydrogen-electric hybrid technology, on-demand synthetic fuel generation, and cost-effective graphene manufacturing from waste — all within a single transformative platform.
Statistics show that fossil fuels account for over 80% of energy consumed around the world. In 2023, private automobiles took a 25% share in global oil use. Faragen is on a mission to change this trend with a simple, effective solution.While electric vehicles aspire to provide a solution, they simply miss the mark. Hydrogen-electric hybrid technology offers long range use and quick refueling while eliminating fossil fuel dependence. Faragen will offer full systems alongside range extenders, carbon neutral synthetic fuels, and much more that are made for everyday, real-life performance.
Currently, Metcalfe and his team are in discussions with various investors who have signaled massive interest in Faragen. With its first-ever equity fundraising round, however, Faragen is aiming to give investors around the world the opportunity to join in the company’s mission of redefining the automotive sector. “We’re not just another car company,” said Metcalfe. “We’re rewriting the rules of energy, materials, and motion.”
Learn more about Faragen now by visiting https://wearefaragen.com/.
ABOUT FARAGEN
Faragen is a groundbreaking startup company focused on reducing fossil fuel dependence with hydrogen-electric hybrid car technology. Follow Faragen:
Instagram: @wearefaragen
Twitter/X: @wearefaragen
Media Contact
Company Name: Faragen
Contact Person: Alex Metcalfe
Email: Send Email
City: CAMBRIDGE
Country: United Kingdom
Website: https://wearefaragen.com/
