article AirFuel, the manufacturer of oil-free, oxygen-free engine oil for airplanes and motorcycles, has received a $25 million infusion from the Ford Motor Company.
AirFuel will begin production of its engine oil in 2017, the company said.
It expects to begin mass production in 2018.
The company has been trying to get its engine-oil product onto the market in recent years, with its product being used in Toyota’s Prius, Honda’s Fit and BMW’s M1.
The new funding, which will be used to help expand its manufacturing and sales capabilities, will help the company reach a broader base of customers, the San Francisco-based company said in a statement.
The injection of new capital into the company was a surprise for those in the oil industry, who were looking for a new and improved option to replace the old standard of petroleum-based oils.
AirFuel had a market share of more than 40% of the gasoline market, according to IHS Automotive.
AirFuels’ product will be the third-largest oil replacement product on the market.
Other oil replacement options are E-Z Fuel and Mobil 1.0.
Oil-based fuels have lower viscosity, are less prone to corrosion and produce less oil.
Oil refiners often require that the engine-fuel mixture be mixed with a mixture of other additives to prevent the oils from clogging the valve and the combustion chamber.
The $25m infusion from Ford will be a major boost for AirFuel.
The company has not yet said when it expects to reach production, but the announcement was made during a recent meeting of Ford executives.