Jill....Couple of things. For whatever it's worth, we bought some more in the last couple of weeks. After all the mess and bubbles of the 1990's...and especially after GNET and INSP merger, believe me, we are quite careful now.
But, from my pov...even if I don't understand the technology, I do understand there are HUGE numbers of motors and generators in the world.
I thought that the following from the article you posted was very interesting...
Raser VP Marketing David West commented, "This breakthrough means we have an electric motor technology powerful enough to replace the combustion engine in just about any vehicle."
Brent M. Cook, CEO of Raser Technologies, said, "Delivering this high power from the reliable and affordable AC induction platform is a significant achievement. Some hybrid automakers are considering motors that require a more expensive manufacturing process and costly rare earth materials such as neodymium. Raser's high performance is achieved by innovative design, not by adding expensive materials."
"Application of this technology will help make hybrid vehicles more affordable by reducing manufacturing costs," added D.J. Priano, sr. vice president of Raser Technologies. "The attainment of this performance level from AC induction technology also sends a powerful signal to the automobile industry that high-performance motors can be affordable.
"In addition, Symetron(TM)-enhanced motors may be brought to market faster in high volumes because they can be produced in existing AC induction manufacturing facilities," continued Priano. |