Presently, if someone wishes to tow heavy loads with a vehicle, such as a boat trailer or a camper trailer, they must purchase or rent a truck. The majority of trucks spend a small percentage of their lifetime actually hauling loads, and many people with small cars are unable to participate in these activities. By creating a tandem trailer which would use battery power and electric motors to assist in the towing of the loads, people could avoid buying expensive, gas guzzling trucks while still enjoying these recreational activities.
Cash Flow Analysis of EZ-Tow
Introduction
The EZ-Tow will be rigidly connected to the vehicle through a common tow hitch receiver, and the EZ-Tow will connect to any traditional trailer by a traditional tw ball. Safe towing can be assured by placing the tow ball on the electric trailer above its axle and positioning the batteries on the trailer to distribute the proper amount of weight to the vehicle. A common trailer wiring connector can be used to indicate to the electric trailer when the vehicle is applying its brakes or reversing. The connector will control the turn signals and brake lights on the electric trailer, and another connector will pass the information on to the towed trailer. The size of the EZ-Tow will not require a brake system, and since the towed trailers have their own brake system, the system will remain safe. The EZ-Tow can be equipped with regenerative braking for additional braking power and increased range. Compression and expansion sensors in the trailer connection will indicate to the on-board system when a towing assist is needed. A wireless signal to a dashboard-mounted display will indicate to the driver the amount of charge remaining in the EZ-Tow's batteries and the estimated range.
The EZ-Tow has great market potential. The costs of buying and using a truck to tow a trailer can be calculated and used to justify the cost of purchasing the EZ-Tow. The 'green' aspect of the EZ-Tow, reducing fossil fuel use and greenhouse gas emissions, will be a strong selling point for the growing number of environmentally focused people.
Several choices of hardware can be explored to determine the configuration with the greatest market appeal. These choices include the power source, number of motors, motor power, addition of a differential to the axle, addition of regenerative braking, and construction of the trailer frame.
Analysis
The primary start-up charges will allowance to $2.75 million. This will be utilised to buy land, evolve it, and assemble a 6,000 sq./ft journey center, complete with gas/diesel islands, levels, and a restaurant. The primary capital injection will be $250,000. The residual will be capital in the form of a $2.5 million loan.