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Technology Stocks : Energy Conversion Devices
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To: SolarGal who wrote (8371)6/10/2009 10:35:37 AM
From: SolarGal   of 8393
 
GM, ECD Ovonics, and batteries

VERY interesting news item with discussion about at The Local: Sweden's News in English

GM owned ECD Ovionics with NiMH 150 Mile per Charge Battery

Excerpt: General Motors owned ECD Ovionics which manufactured
Ovonics large NiMH batteries. This technology allowed
the EVI to run 150 miles without gas. GM sold its share of
ECD Ovonics to Texaco Oil. Chevron bought Texaco and
now owns a 20% stake in ECD Ovionics. Now GM is
producing a VOLT slated to get 40 miles until the next
charge. Chevron oil owns the technology on the NiMH battery
which gets 150 miles per charge.

Discussion answers such questions as "If GM could build the EV1 to go up to 150 miles on a full charge 10 years ago, why can the Volt only go 40 miles on a full charge today?"

Great questions -- see discussion and posts
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