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

To: Michael Latas who wrote (3478)	4/4/1999 7:23:00 PM
From: Michael Latas	Respond to of 8393

I had failed to mention the Japanese auto-makers from my earlier post. The fact that you hear so little from the Japanese automakers in our press does not mean they have fallen asleep on their R&D. Far from it. Nissan recently announced they will be introducing their HEV for the model year 2000, right behind Honda and Toyota. Did anybody hear even the slightest hint beforehand that Nissan was even thinking about making HEV's? And Nissan is in very serious financial trouble. GM won't be out with theirs until 2001. And what about Ford and Chrysler? Fortunately for us, the Japanese will be goading the big three to play catch-up. All I can say is that if Europe beats the Japanese into the marketplace with the new 42V electrical system, I will be the most surprised person in the world. Nine of the top ten list of product innovations upcoming for the 21st century are of an electrical/electronic nature, according to Automotive News. Improved fuel economy will benefit greatly, which in turn reduces emissions. Furthermore, you cannot begin to imagine the number of fully developed and proposed new products, engineering improvements and list of new options that have not been possible simply because of the shortcomings of lead acid batteries. Now all that has changed, with the development of our NiMH batteries. As they would say, who would of thunk it? Do yourselves a favor, re-read and get a copy of post#3433 on this thread to begin to get a full appreciation of how we and ECD will benefit from the new 42V electrical systems. This market will get a lot hotter and bigger, by far than EV's for the short and mid-term. The reason for this in a nutshell is that the automakers stand to benefit from it. Furthermore they will win continued support from legislatures, whom they will continue to buy off, for their efforts to reduce pollutants through whatever means possible, short of EV's. Wallace from Ford is full of sour grapes and you know what else. For those of you relatively new to this thread, Ford reportedly spent two billion dollars over a number of years in an attempt to develop a new and improved battery over lead acid, which was a sodium-sulpher battery that was a total disaster. Does anyone honestly believe that Ford spent all that money to develop a new battery technology for the development of EV's? A little trivia here: It was a Frenchman by the name of Gaston Plante who originally invented the lead-sulpher battery back in 1858! Talk about a success story. And its life is far from over. However, it too will go by the wayside along with leaded gas, carburetors, and crank starters, at long last, as will the ni-cads for a number of reasons, with the development of our NiMH technology being the biggest. I'll let you put a couple of pieces of information together to draw your own conclusions regarding the Japanese. Sanyo bought a license to produce large batteries. Japan Storage Battery also signed up. There is reportedly yet another un-named company discussing becoming a licensee. Something is going on. And, finally, with Ken Baker on our "dream team" we should begin to see some real excitement. Regards P.S Fred, our original JV financial agreement with GM had apparently changed, as it would relate to monies expended by GM and its recovery.