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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?

To: Michael Latas who wrote (7324)	9/23/2003 2:11:30 PM
From: jacq	Read Replies (1) \| Respond to of 8393

I've certainly notice the advertising on all sorts of cars 0-60 in 3.8 seconds, 375 horsepower. Right there I sit blocked in behind a huge stinking semi-trailer on a four lane highway going 60 miles per hour with some dodo on my bumper who thinks that if he just tailgates a little closer that I will magically be able to open a new lane for him. Do you know what I mean. Sure I like the open road as much as anyone, but it seems more difficult to find space in front (or in back of a car anymore). Then there are these people who are complaining about the fuel companies charging too much for gasoline. If they would quit buying these huge impractical vehicles, just maybe the price would drop and as a bonus we would all breathe a little easier. Say does anyone know for certain what kind of batteries are in the Insight, and the Prius. Are they 2200 Mah "D" cells? I have seen 8000 Mah "D" cells for sale. I have another question why are the prismatic batteries better than the cylindrical ones? Is it because they can be cooled easier? The battery manufacturing joint venture in China should be completed by now and making sales shouldn't it? cre.net This link has some very exciting commercial implications.

To: Michael Latas who wrote (7324)	9/23/2003 3:01:42 PM
From: jacq	Read Replies (1) \| Respond to of 8393

I believe that this message is dated the 13 of May 2003 Rare earth manufacturer, Inner Mongolia Rare Earth Hi-Tech Co Ltd, has announced that its joint venture nickel hydride battery production project with US based ECD/OBC will start production in June 2003, six months behind schedule. ¡¡¡¡ The project was initially delayed because of unsatisfactory design and delayed equipment delivery provided by ECD/OBC which resulted in a delay to the schedule for installing the production lines a hydrogen storage alloy, a batter plate line and battery assembly line for the nickel hydride battery project.Inner Mongolia Rare Earth said in a statement. ¡¡¡¡ Under the agreement, the new venture was scheduled to commence production before the end of 2002. Once operational, the nickel hydride battery project ¡¡¡¡ At present, the hydrogen storage alloy project is expected to product 10 million Model C batteries and 7 million Model D batteries a year, predicted to generate approximately US$48.31 million in annual sales. ¡¡¡¡ To date, only the hydrogen storage alloy powder alloy has commenced trial production. The other two lines are still being installed and undergoing tests. Baotou's rare earth firms made a total of RMB1 billion (USD120.92 million) in sales revenue during the first half, surging 104% year-on-year, and realized a combined industrial value-added profit of RMB250 million (USD30.2 million), up 43% from the same period in 2002. ¡¡¡¡With abundant rare earth resources, Baotou is ranked as one of the world's largest rare earth production centres. This year the targets are for annual revenues of RMB2 billion (USD241.63 million) and production values of RMB2.6 billion (USD314.12 million), representing growth of 83.5% and 40.5% respectively, compared to last year's corresponding period. ¡¡¡¡In an effort to develop the rare earth industry further as a focal point amid its overall economic development, Baotou intends to expand the production base for its rare earth development further. Its full-year sales revenues are forecast to hit RMB7 billion (USD845.72 million) by 2005, and it has plans to raise this figure to RMB15 billion (USD1.81 million) by 2010. .