Auto Industry – tyre pressure monitoring
WheelRight is a tyre system monitoring company that uses patented technology to measure and record the tyre pressures on tyres of a car, truck or bus as the vehicle drives over a flush mounted sensor plate. Tyre pressure is an increasingly critical factor in fuel economy and vehicle safety.
Calculus was attracted to WheelRight’s strong management team, leading technology and significant market opportunity. It is estimated that 71% of motorists are driving on under-inflated tyres, which not only contributes to 2 billion litres of wasted fuel, increased costs for commercial fleets, and over 15,000 breakdowns, as reported by the Highways Agency.