To: Frank Fontaine who wrote (2259 ) 2/25/1998 10:00:00 AM From: Robin Breese Respond to of 6464
From Yahoo Thread Subj: Kummerow and BAAT relationship (part 1 of 2) By: davidcg580 Date: Feb 24 1998 11:16 P.M PST Reply To: Msg. 13765 by go_on_ers Excellent post and research go on ers! I will summarize his links. According to the BAT website, BAAT owns 20% of Kummerow Corp. The following is a news release they released tonight from Kummerow: Enjoy! biz.yahoo.com Tuesday February 24, 9:16 pm Eastern Time Company Press Release Kummerow Corp. Signs Accord to Help Solve Shanghai, China's Air Pollution With Electric Motor Scooters BURBANK, Calif.--(BUSINESS WIRE)--Feb. 24, 1998--Kummerow Corp. of NorthAmerica (KCNA) has signed a letter of intent with Wangdi Industry (USA) Development Co. Ltd. The two companies intend to develop an advanced zinc-air battery technology for use on electric scooters. The two companies intend to cooperate on technology development and financing necessary to produce batteries to power a low-cost electric scooter intended for sale in Shanghai, the largest city in China. Shanghai's 20 million residents suffer substantial health threats from the city's serious and growing air pollution problems. Shanghai residents own and operate more than 650,000 scooters propelled by two-stroke gasoline-powered motors. ''These gasoline scooters have no pollution controls. They are the worst sources of air pollution in Shanghai,'' said Hans W. Kummerow, president of KCNA, after a visit to Shanghai. ''Motor scooters are a basic means of transportation in Shanghai. However, they cause so much air pollution that the Shanghai Municipal Government has stopped issuing license plates for gas- powered scooters,'' said Kummerow. ''To succeed in this market, an electric scooter must perform well and be available at a very low price. We believe that zinc-air- battery technology is capable of meeting those challenges with further development.'' Kummerow's zinc-air batteries have already proved their performance by smashing the world-record distance for an electric vehicle, running 1,043 miles on a single charge -- more than double the previous record for any type of battery. The same battery technology is powering an electric transit bus in a demonstration project in Singapore, as well as passenger and delivery vehicles in a Karlsruhe, Germany, pilot project. Kummerow also is working in a fully funded joint project with the city of Alameda, Calif., to produce an electric delivery vehicle (based on an existing postal delivery type of vehicle), and an electric-powered line truck, both of which would be used by Alameda's Bureau of Electricity. END PART 1