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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (93795)	4/24/2008 8:40:25 AM
From: CynicalTruth	Read Replies (1) \| Respond to of 110194

"We shoulda been doing this for the last 35 years, the writing was on the wall." Only thing holding back EVs is the battery packs, and guess who owns the patent for the tech. thats avail. now.... Quick facts: en.wikipedia.org "In 1994, General Motors acquired a controlling interest in Ovonics's battery development and manufacturing, including patents controlling the manufacturing of large nickel metal hydride (NiMH) batteries in the United States. In 2001, Texaco purchased GM's share in GM Ovonics. A few months later, Chevron acquired Texaco. In 2003, Texaco Ovonics Battery Systems was restructured into Cobasys, a 50/50 joint venture between Chevron and Energy Conversion Devices (ECD) Ovonics.[12] Chevron's influence over Cobasys extends beyond a strict 50/50 joint venture. Chevron holds a 19.99% interest in ECD Ovonics.[13] Chevron also maintains veto power over any sale or licensing of NiMH technology.[14] In addition, Chevron maintains the right to seize all of Cobasys' intellectual property rights in the event that ECD Ovonics does not fulfill its contractual obligations.[14] On September 10, 2007, Chevron filed a legal claim that ECD Ovonics has not fulfilled its obligations. ECD Ovonics disputes this claim.[15] NiMH patent expires in 2015." More data: google.com