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Technology Stocks : Vanteck (vrb-cdnx, vttcf)
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To: gg cox who wrote (132)6/11/2004 5:24:13 PM
From: Larry S.  Read Replies (1) of 413
 
GG,

A major problem with the auto application is getting started. In the application I described, you are dealing with a company that could reasonably be expected to install enough systems to justify the central location charging and storage facility. But to get into the electric car business and take advantage of the portability of the electrolyte, you would require the establishment of specially equipped service stations. This would require a very large up-front investment - beyond reason. However, one might be able to work with companies having large facilities is suburbia or rural areas. While most companies with such work locations promote car pools and busing, most employees drive their own car and leave it in a parking lot or garage. A company could set up charging/storage facility at major locations and provide for refueling while the employees are working.

There are many office facilities in NJ and each will become potential customer if the price of oil continues to rise, as I believe it will. It is not unusual for many employees to drive over 50 miles to work.

A problem with depending on Wind Power at each location to recharge the electrolyte is that it is not dependable. In fact, work is underway to develop a system using the redox technology to make windpower more reliable.

Just my thoughts.

Larry
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