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


To: gg cox who wrote (8102)1/8/2006 1:35:17 PM
From: brian h  Respond to of 8393
 
gg,

Thank you for your comments. Yes. GM is late to the hybrid market. And it should continue to develop its EV market. But they now have to catch up with Japanese car makers. They have no choices. So are European car makers. They have to catch up. There are only three companies that can produce industrial NiMH batteries. Cobasys has an exclusive right in North America until 2010.

The higher the fossil oil price goes up , the faster the conversion to hybrid or even EV to play out. The trend its on our side. Once these car makers commit to hybrids or EV, they can no longer turn the clock back. Average Joe will want them all even fossil oil price goes down again. The trend is very favorable for being a ECD shareholder. It is definitely different from 5 to 40 years ago.

BH