Executive Summary
Torotrak plc is the world leader in the design and development of traction drive Infinitely Variable Transmission (IVT) systems with competitive benefits for the automotive, off-highway and Outdoor Power Equipment industries. In automotive, IVT offers significant improvements in fuel economy, performance and smoothness combined with innovative driving control features. In off-highway, IVT offers a cost effective and mechanically efficient technology that can be used across product ranges. Torotrak's principal commercial strategy is to generate royalty income from high-volume manufacture of IVT technology by its licensed customers.
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