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Technology Stocks : Energy Conversion Devices

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To: Don Devlin who wrote (4126)10/24/1999 9:13:00 PM
From: Michael Latas  Read Replies (1) of 8393
 
Some food for thought.

It has been four years now since we heard that our EV NiMH battery pack would be cost competitive with conventional fuels (gasoline) when 20,000 EV's were produced in one year. What wh/kg were they talking about? As we know,
the higher the wh/kg, the fewer the number of batteries it takes to do the same job, or smaller batteries that take
proportionately smaller batteries at less cost. Furthermore, our mfg'g capability has improved greatly since then.

We seem to be frozen in a time warp at 95wh/kg. Yet, they
darned sure were not quoting cost figures at this level
four years ago.

Our second year of our three year contract with the gov't
to develop our new advanced nickel magnesium battery technology was over this month. We are in our final year. It promises 120-150wh/kw vs our current 95wh/kg. Through sheer extrapolation our cost per battery pack for EV's or HEV's will be cut proportionately. It would be interesting to know how low that new figure is/will be.

I asked if we will still be referring to our new nickel
magnesium technology as NiMH and simply mix it into our
existing product line. Or, will we refer to it under a brand new name to distinguish the new superior technology
from our existing NiMH technology. This would benefit us when it comes to existing NiMH licensee's present license
expiration renewals. It would also help us in the education of consumers, to separate the newer technology from our current NiMH technology. In particular, since there is no way for anyone to distinguish the wide range of different wh/kg NiMH batteries in the market today. All of our batteries are simply marked NiMH, regardless of their wh/kg that varies considerably among our licensee's.

I did not get an answer to my question.

What do you think will happen?

Regards.
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