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- Sprintex (SIX) has revealed development of the Toyota Tacoma 3.5 V6 supercharger is now underway
- The ASX lister is an automotive engineering, research, product development and manufacturing company
- Its planning to adapt its Sprintex front entry S5-335 design supercharger to the Tacoma, a car which is rising in demand
- The company expects the development to cost around $500,000, a significant investment for the newly re-listed business
- SIX began trading on the ASX again earlier this month after carrying out a recapitalisation and shaking up its board
- Shares in Sprintex are trading at 8.2 cents per share
Sprintex (SIX) has revealed development of the Toyota Tacoma 3.5 V6 supercharger is now underway.
The ASX lister is an automotive engineering, research, product development and manufacturing company.
It’s current focus is on designing and manufacturing superchargers which can be used in a wide variety of combustion engines.
Under this latest project, SIX is planning to adapt its Sprintex front entry S5-335 design supercharger to the Tacoma, a car which is rising in demand.
In particular, the car is proving popular in the U.S., Middle East and Asian markets, with over 1 million Tacoma 3.5 V6 models already on the road.
Sprintex explains its aiming to gain traction of Tacoma’s current vehicle production of around 250,000 units annually, a similar volume to U.S. production of the Jeep Wrangler which the company also offers a supercharger for.
SIX expects the total development of the Tacoma supercharger to cost around $500,000, a significant investment for the newly re-listed business.
The automotive parts manufacturer only began trading on the ASX again earlier this month, after carrying out a recapitalisation and shaking up its board.
Company shares are trading steady at 8.2 cents per share at 12:09 pm AEDT.
