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  • Lurking...
    11 Sep 2013, 06:54 PM Reply Like
  • doh s
    11 Sep 2013, 07:00 PM Reply Like
  • 3
    11 Sep 2013, 07:16 PM Reply Like
  • 4 score and ...
    11 Sep 2013, 07:32 PM Reply Like
  • "The ePower hybrid truck with PbC batteries will also be available at the TMC Super Tech 2013 Expo. The "Truck Maintenance Council" event will be held from September 9-12 at the David L. Lawrence Convention Center in Pittsburgh."


    Any feedback out of this?
    11 Sep 2013, 07:43 PM Reply Like
  • Is it possible that the latest carbon shipment is for proving out a new carbon sheeting line at some "second source" location?


    Does bi-weekly meetings with BMW mean twice a week or every two weeks?


    (sorry if either of these has already been covered.)
    11 Sep 2013, 09:02 PM Reply Like
  • footleg,
    It seems unlikely that the carbon shipment would be for a new carbon line at a second source location. Axion would most likely have had to pay for it, or enter into a contract for how it would be paid for. Since a new gen 3 line probably costs between $2-3 million, I doubt Axion could take part in such a transaction without making it known. Plus, it would take months to order, install and bring up to verification. There just hasn't been enough time for all that to happen. IMHO.
    11 Sep 2013, 09:24 PM Reply Like
  • Footleg, It's twice a week. Maybe I should tell my wife I'm bi sexual? That's a joke for you young-uns'.:-{I.


    I doubt Axion is getting any favors from the supplier on the bio-carbon so they can order it themselves. If they need certs they have a file to order from.
    11 Sep 2013, 09:24 PM Reply Like
  • What would drive them to talk twice a week?
    11 Sep 2013, 10:26 PM Reply Like
  • Iindelco


    Very funny. I think bi-weekly usually means once every two weeks (which makes being a bisexual very undesirable). According to online definitions it can mean either once every two weeks or twice a week but semiweekly is usually used for the second meaning. What is it ever explicitly stated that it was twice a week?


    11 Sep 2013, 10:38 PM Reply Like
  • jcrjg,


    I believe TG explicitly stated twice a week on the latest CC, with extra meetings as needed. But I'm sure someone will correct me if I'm mistaken.


    12 Sep 2013, 01:59 AM Reply Like
  • I think the biweekly reference is every other week rather than twice a week.


    The exact quote from the conference call was "And we continue to have our meeting with BMW on a regular biweekly basis, with the meeting thrown in there in between on as needed basis."
    12 Sep 2013, 06:58 AM Reply Like
  • Thotdoc, Well it seems I'm incorrect.


    Anyway, once every other week, with an added meeting thrown in on occasion per TG, still means there is a pretty high level of program activity. The project is not "book shelved".


    My thoughts were that this level of activity might be in support of the partnering, perhaps some ongoing testing or both.


    Thanks all for the correction.
    12 Sep 2013, 07:36 AM Reply Like
  • If they meant every two weeks then rather than invent a confusing word there is the not uncommon "fortnight" :)


    I guess it just doesn't sound business-like enough!
    12 Sep 2013, 09:03 AM Reply Like
  • From the CC, regarding BMW...
    "...We continue our work with them; we continue our work with another supplier. I think I may have mentioned in the quarterly reports that we proven of that, a product can be manufactured offsite by a third-party supplier. So we are continuing that testing and application.


    And we continue to have our meeting with BMW on a regular biweekly basis, with the meeting thrown in there in between on as needed basis. As we have reported a number of times before, that market will happen when it happens..."


    It sounds to me that "...continuing that testing..." "..offsite by a third-party supplier..." indicate that the some of the "months" you rightly say it would take, LabT, may be well under our belts, and that's what got me thinking about the carbon...


    as for the $2-3 million it would take, wouldn't that be 3rd party's problem?


    Oh, I reread what you said, LT, which is that the contract for how it would be paid for would be something they would have to disclose. Even if it cost us nothing?
    11 Sep 2013, 10:56 PM Reply Like
  • Footleg" "And we continue to have our meeting with BMW on a regular biweekly basis, with the meeting thrown in there in between on as needed basis".


    I think you solved it. In my experience, on major projects there are often regularly scheduled meetings agreed to early on to provide status updates, allow issues to be brought up and discussed, and lay out near-term activities. very early on, twice a week might be reasonable, but unlikely. Later in a project, every two weeks would be more reasonable I think.


    The semi-confirmation is "with the meeting thrown in there in between on as needed basis". If meetings were twice a week, this would not be needed at all. Every two weeks would leave lots of room for this need.


    Something else that crossed my mind as part of that is ...


    At this late stage in the multi-year testing, planning, ... what would dictate the need for those sorts of meetings. I see two plausible scenarios.


    One is engineering details for integration into various product lines. Assuming BMW is doing their own software, different products have different demands on the energy storage system. This could be bi-directional as we know the PbC is tunable, within some range, for more or less energy vs. power.


    The second is that some early fleet testing, maybe a small fleet, has begun and information is being exchanged as part of the analysis of the data acquired during that testing. This could, IMO, act as a product refinement process (so that the BMW fora would never see complaints about the battery in their s/s models?), problem resolution, and discussion of future possibilities. Real data often exposes opportunities that were not envisioned at the start of a project.


    12 Sep 2013, 05:34 AM Reply Like
  • HT-Thank you for the speculation, that was what I was after.


    BTW-Bi-weekly is apparently an ambiguous term; checking the dictionary, I find it may mean 'once every two weeks' or 'twice a week'.


    I really didn't care. Which ever it means, it means that this is not a dead issue by a long shot. Meetings even twice a month means pretty intensive activity.


    I truly hope this works out if for no other reason than the big celebration party we'll be having in New Orleans when the stock hits $4.00 per share. I'm sure everyone can part with 2000 shares to hit the Big Easy with a bunch of hundred thousandaires and millionaires who want to celebrate.


    Best to all in our long wait.
    12 Sep 2013, 10:40 AM Reply Like
  • Caught up APC search feature. If you think watching your paint dry is boring, try sitting on the sidelines and watching other people's paint dry!
    11 Sep 2013, 11:04 PM Reply Like
  • Thanks again bangwhiz!!
    11 Sep 2013, 11:31 PM Reply Like
  • Hi BW,
    Good to see you here. Thanks.
    12 Sep 2013, 04:37 AM Reply Like
  • Thanks to you BangWhiz!


    12 Sep 2013, 05:37 AM Reply Like
  • Hey Bang, Hope you're doing well!
    12 Sep 2013, 07:40 AM Reply Like
  • >bangwhiz ... Thanks. Your APC search is a really great idea and a more wonderful effort. I find it invaluable and appreciate it.


    Hope all is well. Thanks again
    12 Sep 2013, 09:10 AM Reply Like
  • dear bangwhiz...... you are the one who can imagine my frustration about axpw.... Living in Greece, in economic misery and hoping for axpw to start the "take off"... I don 't know what's worse... anyway...good to have u back
    12 Sep 2013, 08:48 AM Reply Like
  • Greek,


    I read in detail the explanation given by JP of the pipe financing, and to be completely realistic, I think that we will see a sub 10 cents price per share between now and the advent of the big news. If you have any spare cash I would say to wait until a drop below 10 cents happens, and buy whatever you can.


    The stock is broken for now, but I very much doubt it will stay below 1$ within a year, if various news about recurring, sizable PbC sales start to happen!


    I made a mistake allocating a sizable portion into AXPW at 60c when I should have "tested the waters" first with a small position, but as they say hindsight is always 100% :)


    good luck
    12 Sep 2013, 09:06 AM Reply Like
  • thanks amouna.... I shall keep my axpw shares... If the company goes down i shall follow. Just like in greek tragedies i guess
    12 Sep 2013, 09:15 AM Reply Like
  • If the company goes down, then at least we will all be scarred for life, but my instincts and intuition tells me that we have a good product, a somewhat competent management (although the series of false hopes TG has given us the last 2-3 years have made some of us more skeptical of him), and a cash burn rate that is very controlled.


    As JP pointed to numerously, Axion's stock is at probably the lowest point in its stock chart, or close to anyway. It can't get much worse than that. The pipe was a desperation act, but it was better to take it than start selling assets, or cutting into the human capital.


    The worst that can happen is that the stock stays below 10 cents for the next 6 months, which means that Axion has to issue more than 10 million shares for each installment, which would be a massive dilution to us existing stakeholders. They would have effectively sold close to half of the company for 10 million! unlikely IMO
    12 Sep 2013, 09:30 AM Reply Like
  • The short interest numbers for August 30th were published last night and Axion's fell by a full third from 1,341,174 shares on 8/15 to 897,432 on 8/30.



    In my experience short sellers don't start covering unless they're convinced that the price isn't likely to fall any further. It proves nothing of course, but a drop of that magnitude is mildly encouraging.
    12 Sep 2013, 09:47 AM Reply Like
  • John: that fits with some speculation I made a few weeks ago that they'd stopped shorting and even might be douing some covering. I forget the circumstances that prompted that and am "common lazy" (I love it DRich!) so don't feel like chasing my reasoning down.


    Anyhooooo ...


    Good to see that reduction.


    12 Sep 2013, 11:10 AM Reply Like
  • John,


    How can we infer anything going forward from the short sale report as of the 30th of August? I don't understand this concept very well...


    My understanding of it would be that was certainly the case between mid August and end of August, but going forward we will only know at the end of September.


    Corrections are welcome!
    12 Sep 2013, 11:15 AM Reply Like
  • How does this fit in with the action we saw this week? We thought some financiers were selling? Maybe they aren't acting in concert, or it was a 3rd party who shorts on any PIPE news.
    12 Sep 2013, 11:21 AM Reply Like
  • About the only thing we can do is look at trends over time. Until May of this year, Axion didn't have any short interest to speak of with averages in the 70,000 and 15,000 share range for 2011 and 2012.


    The short interest took a big leap up to an insignificant 1% of the float in May and June. Now it's started to drop back off. Ultimately assessing market behavior is all about connecting data points and trends that are meaningless in and of themselves but can collectively give you a fair view of the landscape.


    The short interest is published twice a month with a 10-day lag. So we'll have the mid-month number on the 24th and the month end number on October 9th.


    Like I said above, a single number proves nothing but it is mildly encouraging.
    12 Sep 2013, 11:23 AM Reply Like
  • A little ot, but I just took a small short position in tsla,, (schwabb let me, they haven't before) looks like its rolling over.
    12 Sep 2013, 09:57 AM Reply Like
  • amish: If you buy an upside Call, say out to January, you will completely hedge your risk to the upside. Of course, Call are expensive right now (high implied volitilities) and you will pay a premium, but if the quants want to push it to 200 to kill the last remaining "small" short fish, I have no doubt, they'd do it.


    It would appear the stock won't drop until most everyone gives up on shorting it... how close are we to that? I don't know.


    One trade that has worked for me (for those who's brokers allow it) was to SELL the Jan '13 CALL on TSLA at the 250 strike for around $5.50. The trade is still open and down (i.e. profitable since i'm short the Call) by about a dollar. If TSLA stays below 250 dollars per share between now and Jan expiry, I'll pocked the premium.
    12 Sep 2013, 04:35 PM Reply Like
  • I'd be very cautious about shorting Tesla right now using anything other than long-dated puts.


    Tesla is in hype overdrive because it only needs a nine more days between now and the end of the month with a closing price above $161.88 to convert $660 million of debt into equity.


    If they make the price condition, I think 100% conversion on the debt is virtually guaranteed. Note buyers are usually content with their interest and they invariably find the prospect for a 30% up and out irresistible, particularly if they can do it in 5 months.


    Since the conversion price is so high, it will double the book value per share from $5 to $10 overnight, which may well be cause for a short-term spike between the end of September and the Q3 earnings release.
    12 Sep 2013, 10:18 AM Reply Like
  • Thanks JP, I just exited with a $50. haircut and a lesson on really knowing the equities I trade. That's a cheap hair cut, but I usually get mom to put a bowl over my head a snip away.
    12 Sep 2013, 08:46 PM Reply Like
  • It's not Tesla that has the option of conversion, to the best of my knowledge it's the buyer that has the option.


    No sane person will convert those bonds anytime soon, because they would instantly lose all the time-value of the bonds.


    If one converts 10 bonds one gets 8 shares, with a current value of $166.58 (today's close). 8 x 166.58 = 1,332.64.
    If one just sells the bonds in the open market one gets 1.506,90.
    Why would anyone give up the time value of $174.26?
    It would be like exercising an option years early instead of selling it.


    The bonds are openly traded and very liquid.


    Today's last price was $150,69. 10 of those bonds can be converted to 8 TSLA shares after the criteria are met (will most likely soon be the case).


    With converting one would instantly lose all the time-value of those bonds, thus no one will do it, except maybe some accidental conversions for some reason like it happens once in a blue moon that someone exercises a LEAP 2yrs early.
    16 Sep 2013, 11:15 PM Reply Like
  • Liquidity is a very relative concept.


    The Morningstar link you provided has a "trade history" option that shows the notes trading in the $1 million a day range, sometimes less and sometimes more.


    With $660 million of notes outstanding, it will take a little over two years for the market to turn the note float. That's good liquidity for notes, but pales in comparison to the stock which has averaged $1.5 billion a day in liquidity in September.


    Note buyers are typically pension funds and other institutional investors who buy in big blocks and understand that it could take weeks or months for them to move out of a position through open market sales. Their decision metrics are very different from a holder who has a smaller position.


    In my experience institutional investors who have an opportunity for a 30% up and out over five months usually capitalize on the opportunity, particularly if there's a growing consensus that the stock is overvalued. I could be wrong but I expect Tesla's long-term debt at December 31st to be a mere shadow of its long-term debt at September 30th.
    17 Sep 2013, 05:37 AM Reply Like
  • MAXM put a floor under us this A.M. from the get-go - $0.127.


    EDIT: good thing too - hitting the bids, b:s currently 1:1.69. Traded $4.9K so far. WOW! Blew my hat off (TFH of course).
    12 Sep 2013, 11:38 AM Reply Like
  • I take the MAXM floor as a good sign. To me it may show they don't want it less than .10


    Of course short covering is probably involved too. It's good to see the short numbers drop.
    12 Sep 2013, 11:43 AM Reply Like
  • @LT:


    I'm, too, am wondering if the MAXM is putting a floor in at 12.5 via short covering. That would make sense, and it would yield them on nice profit from the ride down.


    I, for one, am in the camp that DO NOT want the stock to breach 12.50 (lurkers be damned!) ;-)
    12 Sep 2013, 05:13 PM Reply Like
  • If NS has been testing the PbCs in the Hybrid Locomotive Simulator ("HLS") for a long time, I wonder if they will make any additional orders of batteries with the unveiling - whenever it does occur.


    It appears the NS grant application was written sometime in early 2012 - then we get the NS Sustainability Report about a year later (this summer) naming Axion as an industry partner.


    From the grant application, it appears the work was taking place in three places Roanoake, New Castle and can't remember the third (I think Penn State) ... but not in Altoona.
    12 Sep 2013, 11:50 AM Reply Like
  • When last I checked neither NS nor Penn State had any facilities in New Castle. It's enough to make one go hmmm.
    12 Sep 2013, 12:27 PM Reply Like
  • There's no doubt some of the work is being done at Axion:


    Check page 12 of the application:



    Place of Performance:


    3601 Clover Lane
    New Castle, PA 16105
    12 Sep 2013, 12:41 PM Reply Like
  • >Amouna -- RE: "If you have any spare cash I would say to wait until a drop below 10 cents happens, and buy whatever you can."


    I’ve been thinking the past few days about what lows we might yet see, and I would now be surprised if we ever see .10 or below. My reasoning, some of which could be faulty of course: :-)


    1) TG predicted they would have “significant orders” to talk about at the next cc. It’s already been 4 weeks since that prediction, so I expect significant announcements in the next couple of months.


    2) Within the next month, NS should be doing their rollout.


    3) I believe HTL calculated the last stock issuance at .1157. I would have a hard time believing any of the financiers would sell stock at a price below what they paid for it.


    4) IIRC, Tom Konrad predicted in his article that the PIPRs would find it advantageous to start supporting the pps by November; JP predicted by September. I don’t understand all the basic intricacies of their calculations, but it would seem they will at some point, hopefully relatively soon, do just that.


    We can’t know how much impact any one event will have on the pps, but I do think there’s a good possibility several events/announcements could converge within a relatively short period of time. And if that happens, I think we could very well see the financiers sit on the sidelines for a while, and see where the pps goes, and see their profits multiply as they watch. I suspect they realize the pps has the potential to do what Exide’s did in the past week, where it has almost doubled.


    Of course, we could get to .10 or below, and it might be worthwhile to wait for that price. But I believe there are risks in following that strategy. Going from .13 to .10 seems to be a lot different than say going from .33 to 30. It also seems more unlikely to me than going from .13 to much higher. The upside potential, to borrow a word from TK, has the potential to be "explosive". The downside appears limited. --- Even LT seems to think so!
    12 Sep 2013, 12:41 PM Reply Like
  • The most u can lose now is .13 cents....that's a far cry from past history ! LOL


    Seriously, from here there could be a few pennies more downside, but I doubt it unless there is a mass dump from a failed NS or BMW failure.
    If sorta like AXPW either makes it or goes bankrupt. Not much in between.
    TG know's it's showtime, that's why u get all these press releases and part of the PIPE deal was to increase marketing and we're seeing that like with Vani in 2 conferences and looking for a CA partner.


    I still don't see the high market cap or potential that some do, but the loss is somewhat limited now , short of bankruptcy.
    12 Sep 2013, 12:51 PM Reply Like
  • LT. The most you can lose is ALL of it. Whether measured in 100,000 pennies or 1,000 dollars, a 100% loss is a 100% loss.
    12 Sep 2013, 02:19 PM Reply Like
  • yes we can just loose 100% but gain 10000% or even more !!!
    12 Sep 2013, 05:09 PM Reply Like
  • Wayne,


    I agree with you that this month is "Showtime" for Axion. If something of substance with regards to PbC sales materializes, the financiers will most likely just sit down and watch their stock appreciate. After all, they have the option to convert at 30c no matter what. They can still toy with the stock price to accumulate more between two events, say a NS roll out PR that propels the stock somewhere between 20c and 30c. Once another event comes along (hopefully in a relatively short time after the first one), they will sit tight and watch the fireworks.


    Therefore I would suggest any weakness and dip towards 10c, or - even better- below 10c as an accumulation range for us existing shareholders. After that, whatever happens is out of our hands!
    13 Sep 2013, 05:11 AM Reply Like
  • Amouna: I would be stunned, amazed, flabbergasted, if the NS 999 rollout, which the market already knows is coming, had anywhere near the effect you are hoping for. I'm thinking more like a 2 cent pop, which will then drift back down unless some other news follows on the heels.


    Getting back over .20 will take nothing less than a clear path to profitability. After that, sky is the limit.
    13 Sep 2013, 09:13 AM Reply Like
  • >nogoodslacker ... Wrong! First comes a clear path to revenues because it is revenue that implies growth. Growth is what matters.
    13 Sep 2013, 09:17 AM Reply Like
  • If the NS999 roll out news COMBINED with news of prospective battery sales for -say- 50 locomotives is coming, then the impact on pps could be substantial. I am just like everyone else waiting for a process of recurring sales to happen, rather than just a one off event.


    Again, no one knows for sure what the content of the press release of the NS999 roll out will be, and the market's reaction to it.
    13 Sep 2013, 09:20 AM Reply Like
  • >Amouna ... When Norfolk announces NS 999 is in the daylight for real, look for the PR to say it is going into field trials and they are optimistic about battery power. Not much more than that.
    13 Sep 2013, 09:31 AM Reply Like
  • DR: Correct, I agree completely. NS is not going to get all noisy about the 999 until it has been operating long enough to put to rest the nightmares from the past.


    The NEXT PR will be more uplifting, and we might even hear from Axion about follow-on orders soon after, but probably not before.
    13 Sep 2013, 09:34 AM Reply Like
  • NGS - I tend to agree with you. The market yawned when Axion announced the NS purchase order. Although the mood here was jubilant.
    13 Sep 2013, 09:41 AM Reply Like
  • The market did not yawn - it bought 2 millions shares in one day (at 48 cents high) except the big uglies had computers auto-selling on demand which sopped up all the momentum. It may not have seem much, but it took out a big chunk of overhead.
    13 Sep 2013, 10:18 AM Reply Like
  • NGS: You might have it right but for ...


    Tom Konrad's Forbes articles has "primed the pump", so to speak, by getting AXPW on the radar of many that didn't know about it before. Look back at price and volumes for the few days or a week after his article.


    I could be wrong about it, but ISTM that with the pump primed the brief PR from (NSC) brings those watchers into the fray for a short period.


    Probably won't sustain momentum long with all the "New Big Ugliest" folks having a wad of shares to dump, but should offset some of that selling pressure for at least a short while.


    OTOH, if the NBUs see a positive move, maybe they say "Let's ride this train for a bit"?


    13 Sep 2013, 10:29 AM Reply Like
  • >H.T.Love ... I think that is naive to think the PIPE'rs are going to say "Let's ride this train for a bit". The last time around the Old Big Ugly's object was to get their principal out as fast as possible. All thing are not quite the same but I don't see any reason this time is different and yet, that is eternally the hope. I see them acting as a lid on any momentum that might appear. Axion will continue to feed the market with shares to "investors" that have no long term interest.


    It's raining so hard I can't see the other side of the street. I can't remember how long the forecast said it will last. A cloudy day would be a relief and Lord knows when the sun will shine. I just can't consider a few thousandths of a dollar or even a penny or two as being a good day.
    13 Sep 2013, 10:56 AM Reply Like
  • Sorry to anyone in Colorado. :-(


    Who'll Stop The Rain?


    "and I wonder, still I wonder...."

    13 Sep 2013, 11:03 AM Reply Like
  • As enya sang: "...only time..."



    Of course, its easy to say time is flying by when its all sunshine and fun times...


    But when the doc has the bone saw going, and the anesthetic is fading, it tends to drag a bit.
    13 Sep 2013, 11:06 AM Reply Like
  • DRich, I agree with you on most things Axion. But only profitability is going to keep them from needing another capital raise and another after that. IMO, that prospect is what is keeping this beast down in the low teens. Of course a clear revenue ramp is the first step on a path to profitability and may indeed be a kicker to get this stock above .20.
    13 Sep 2013, 11:11 AM Reply Like
  • +1 for what DRich said. I wouldn't expect any follow on orders until NS999 has a year or more of field trial.
    13 Sep 2013, 11:12 AM Reply Like
  • NGS, your statement "But only profitability is going to keep them from needing another capital raise and another after that. IMO, that prospect is what is keeping this beast down in the low teens"


    I agree with this totally. The need for future capital raises is what made the last financiers sell and IMO is why this group is doing likewise. TG put it in writing that they would need more money next year and that is the "manhole cover" that's weighting this thing down.
    13 Sep 2013, 11:18 AM Reply Like
  • NGS, I am expecting a follow on order for the OTR application before the NS999 is tested for a year. I do expect they will want some testing done with the NS999 but think they will be willing to get the OTR application going sooner than what would be more normal if it was a serial application.
    13 Sep 2013, 11:22 AM Reply Like
  • nogood . . "ALL of it" has a different context for each of us. Yes, 100% of $1,000 is $1,000 but if my net worth is $100,000 then my loss is 1% and if my net worth is $1M then my loss is the proverbial rounding error.
    13 Sep 2013, 11:22 AM Reply Like
  • >nogoodslacker ... I'm certainly not here to even attempt to change your mind but I'm just going to point out that profit is not what moves Mr. Market. There are many unprofitable companies (one should spring to mind immediately but I shall not name it) that do quite well in share price appreciation. What moves these company's stock is cashflow to keep the doors open and/or a vision of revenue growth, both real & imagined.
    13 Sep 2013, 11:27 AM Reply Like
  • TB, just clicked on the Enya YouTube link, and an ad from RigZone showed up. lol
    14 Sep 2013, 11:06 AM Reply Like
  • @Wayne, that's not by accident. It's what the ad industry calls "retargetting". It's kinda spooky sometimes. :)
    14 Sep 2013, 12:40 PM Reply Like
  • It;s also strange when a friend, especially female, uses my laptop computer.
    I've gotten some interesting adds.
    Of course in a coffee shop, I need to cover them quick.
    14 Sep 2013, 08:09 PM Reply Like
  • IIRC the PIPErs conversion price uses the lower of some average trading price looking back for 40 days or so OR the price on one particular day prior to the payment date. This could give them in certain circumstances an incentive to tank the price hard on that one day of the month. That would be a great time to buy more shares.


    Does anybody know which particular day of the month is used in calculating the one trading day of the conversion formula? Thanks
    12 Sep 2013, 12:51 PM Reply Like
  • IIRC, the PIPErs are limited on how much they can sell on any given day, which should limit their ability to tank the pps hard.
    12 Sep 2013, 12:56 PM Reply Like
  • Wayne,


    In theory, yes, no PIPEr should be able to tank the price terribly hard on a single day. However the incentive is there should they try to skirt the rules by collusion, or by selling via some unrelated entity that's hard to trace. On a low volume day in particular I think it could conceivably get tanked pretty hard.


    I would just like to know the day ahead of time to set aside cash and ready a lowball buy limit order. :)
    12 Sep 2013, 01:52 PM Reply Like
  • Axion's stock has shown remarkable resilience over the last couple months and absorbed volumes of daily trading that I would have thought impossible earlier this year.


    In April the 10- and 50-day average volumes were hanging around in the 350,000 share range. We just came off a peak where the 10-day volume hit 1.4 million shares and trading volume in August equaled trading volume in 2010. Over a six day period from the 15th through the 23rd of August, an astonishing 11 million shares traded.


    Those numbers lead me to one inescapable conclusion; that the retail stockholder base is standing firm and willing to absorb anything the PIPErs are willing to throw away. They're not willing to bid the price up, but $0.125 seems to be rock solid. Breaking that kind of support cannot be done surreptitiously or without repercussions.
    12 Sep 2013, 02:02 PM Reply Like
  • JP, I've been fairly astounded, and pleasantly surprised, by the remarkable resiliency you mention.
    12 Sep 2013, 02:19 PM Reply Like
  • RA: the lowest 20 days VWAP within a 40-day window times 85% OR 85% of the VWAP on the day before payment due, whichever is lower.


    The last calculation, which I posted every day prior to my unit breaking, was $0.1148 (9/6).


    It had been dropping a few tenths per day and the 40-day window is getting loaded up with ever-more sub-$0.14 prices, and now sub-$0.13 prices. Plugging in a number from memory for the missing day, today's 85% would be $0.1133.


    The outlook to reduce the number of shares, as I've mentioned before, seems totally dependent on bigGER news.


    12 Sep 2013, 04:41 PM Reply Like
  • WiO: Each holder is limited to 15%, IIRC, of the day's volume. In aggregate, they could do 60%. The nasty thing is that they should all be generally motivated in the same fashion and have somewhat similar strategies.


    Given that, no collusion or subterfuge would be required to have an odd occurrence of them all hustling up to the pay window at the same time.


    And if they do engage in some unsavory behavior ...


    12 Sep 2013, 04:44 PM Reply Like
  • As someone has to be at least a bit cynical, I would say yes, fairly resilient the last couple (i.e. 2) of months and quite depressing if you count 3 or more months...
    12 Sep 2013, 05:14 PM Reply Like
  • JOhn - how current is the latest insider holdings and trading report? How far behind are the AXPW reports to the SEC for insiders? Are they showing the issuing of the PIPE stocks to the AXPW guys in the AXPW reports? What about any purchases for the same folks outside the PIPE deal?
    13 Sep 2013, 11:36 AM Reply Like
  • The PIPE debt sold to insiders is not convertible until 2/3 of the third party debt has been paid. Until that happens it won't change the insider's beneficial ownership under SEC regulations. I am 100% confident that the ownership information in Axion's proxy statement is complete and accurate.


    For the last thirty years I have counseled the officers and directors of EVERY client against EVER buying stock in the open market because buying while in possession of non-public information can earn the same orange jumpsuit you get for selling while in possession of non-public information.


    The only time I believe open market purchases by insiders are the least bit safe is when there is absolutely nothing going on behind the scenes that the market might consider important.
    13 Sep 2013, 11:49 AM Reply Like


    A couple days ago VictorG45 directed this blog to:
    I contacted a physicist cited by the article. Here is his response.
    I have thanked him for his 'thoughtful reply'.


    Hi Gregg,


    Thanks for reaching out. I am sorry that you found the press release disappointing. I have little control over journalistic interpretations of my work. Journalists seek controversy, [I] stick to the physics. Please find the peer-reviewed article here: figure 6 should be of particular interest to you.



    A couple of things.


    1) I will certainly contact Axion and other promising storage technologies, Aquion for example, to obtain life cycle data. Four variables determine the energetic performance of a storage technology: roundtrip efficiency, depth-of-discharge, cycle life, and embodied energy per unit capacity. In past experience when contacting companies they are either ignorant or reluctant to release these numbers unless one of them is a point of pride. The data I acquired for this study come from respected published documents available from Argonne National Laboratory and the Electric Power Research Institute. I hope better more current data becomes available. I think open source databases like DOE, Sandia's are excellent. I hope companies participate. I'll point Axion to it.


    2) My study should not disappoint Axion, but instead be a claim of pride used by the company. Please refer to Figure 6. This shows the number of cycles that need to be achieved by a storage technology in order to store wind at energetic benefit to curtailment. Plug in the numbers for your technology use it to advertise or focus R&D on the limiting variable.


    3) Despite lack of data for promising technologies I highlight there existence in the discussion section and point to 3 sources.


    4) The goal of the paper was to develop a theoretical framework that could be used in policy and research. We focus on macroenergetics at societal scale for future energy systems that will mitigate climate change and facilitate a transition from carbon intensive to low carbon energy resources. The data is second to the framework. The data will change. Learning will occur and storage will get better. So will smart grid, efficiencies, transmission, etc. We set an energetic benchmark (curtailment) that adds to a discussion dominated by financial benchmarks. If a financially cheap carbon intensive storage technologies win out than as a society we've missed the point. Axion certainly is a huge step in the right direction.


    Again thanks for your email and thank you for your suggestion in contacting Axion,




    Charles Barnhart
    Postdoctoral Scholar
    Global Climate and Energy Project
    Stanford University
    12 Sep 2013, 12:53 PM Reply Like
  • how do u find "figure 6" ?
    12 Sep 2013, 01:03 PM Reply Like
  • To gezeke,
    12 Sep 2013, 02:09 PM Reply Like
  • Thanks gezeke for getting the Axion story out to Dr. Barnhart. This is huge. A theme of a couple of my previous posts was to have someone from Axion contact the colleges that do these energy storage studies, triggered by the absence of Axion’s PbC technology from Dr. Barnhart’s Stanford study. I was looking for a simple “# of cycles comparisons between other battery technologies & the PbC,” for the CA Energy Storage Mandate.


    I was impressed that Dr. Barnhart wrote; “1) I will certainly contact Axion and other promising storage technologies, Aquion for example, to obtain life cycle data. Four variables determine the energetic performance of a storage technology: roundtrip efficiency, depth-of-discharge, cycle life, and embodied energy per unit capacity.” Dr. Barnhart also wrote; “2) My study should not disappoint Axion, but instead be a claim of pride used by the company.” Finally, his caveat; “We set an energetic benchmark (curtailment) that adds to a discussion dominated by financial benchmarks. If a financially cheap carbon intensive storage technologies win out then as a society we've missed the point. Axion certainly is a huge step in the right direction.” These are all Energy Storage PR sound bites that could put the PowerCube to the front of the CA class.


    The only thing that would disappoint me, is if Axion mgt. waited for the Dr. Barnhart’s contact, instead of initiating it, rolling out the red carpet, & providing Dr. Barnhart with an authorized list of Axion contacts for his follow up study.
    12 Sep 2013, 02:56 PM Reply Like
  • Perhaps he could be an asset to win CA storage business.
    12 Sep 2013, 03:50 PM Reply Like
  • Fantastic! In fact, I am gong to hold my breath until Axion gets off the dime and does this!




    Er, I think I passed out.
    12 Sep 2013, 03:50 PM Reply Like
  • It's a shame AXPW has a CEO who has not already contacted these people.
    What's that tell you ?
    12 Sep 2013, 04:13 PM Reply Like
  • It tells me he didn't know about what a researcher at a university on the opposite coastline was doing.
    12 Sep 2013, 04:26 PM Reply Like
  • Gezeke: Great work and outstanding initiative!


    We already owe you a great "thank you" for this effort and just think how much we might owe down the road if ... ;-))


    12 Sep 2013, 04:49 PM Reply Like
  • TB: "skjfsdoij;iiojm;........ Er, I think I passed out. "


    It looks like you passed gas! :-))


    12 Sep 2013, 04:52 PM Reply Like
  • "Perhaps he could be an asset to win CA storage business."


    I'm not sure how much sway a post-doc student has over grid storage decisions, but one could hope the research gets out.
    12 Sep 2013, 04:55 PM Reply Like
  • As any old medical sales guy will tell you. Pay for the lab research of the guy who makes the purchasing decisions at the hospital. $1M in lab will get you M's in sales...
    12 Sep 2013, 05:32 PM Reply Like
  • Could have happened, HTL.


    What day is this?


    Bumped my head on the keyboard.


    Has Axion linked up with the good doctor yet?
    12 Sep 2013, 05:56 PM Reply Like


    At the bottom of the page. Make sure you have AdBlock off.
    12 Sep 2013, 01:16 PM Reply Like
  • Sorry. On the links 'abstract' page download the pdf version (or view as 'html') of the entire research paper . You will find fig. 6.
    12 Sep 2013, 01:35 PM Reply Like
  • Here is the link to the entire research paper:

    12 Sep 2013, 01:39 PM Reply Like
  • GE looking for additional uses for it's new battery.


    GE Durathon batteries successfully power underground mining scoop


    "The Durathon Battery energy storage system replaces lead-acid battery systems with non-toxic sodium-nickel chemistry. GE’s Durathon battery technology features a number of benefits that make the technology faster, cleaner and better than traditional batteries, including at least 40% more operating range. The battery is 25% smaller and 50% lighter than traditional lead-acid batteries, enabling more energy to be stored in a smaller space. The battery-powered scoop operates more effectively in extreme temperatures and requires no cooling and minimal maintenance.


    Additionally, the battery contains no lead acid materials. This eliminates the release of gases when charging, removes explosive fuel sources underground and reduces mineworker exposure to diesel particulate matter – three key safety priorities for the mining industry."

    12 Sep 2013, 02:36 PM Reply Like
  • Another one from Retired Securities Lawyer


    Tesla: The $64 Billion Question

    12 Sep 2013, 02:52 PM Reply Like
  • $.1253 now...


    Really flirting with a new low, now...


    Still lurking at $.123...
    12 Sep 2013, 03:52 PM Reply Like
  • $.1251...


    12 Sep 2013, 03:55 PM Reply Like
  • TB; And that's with the buy percentage UP to 36.7%. Natural effect of falling price in the past. Doesn't mean price UP is necessarily near.


    12 Sep 2013, 04:56 PM Reply Like
  • Hey oil industry, We have a battery that will only work in your equipment at this time with our power module. If they steal it it's identifiable as you can't use it in other apps yet.


    Zapping battery theft becomes a major concern in the oil fields

    12 Sep 2013, 04:30 PM Reply Like
  • No news = Bad News
    Not even some "opinions of the crowd" at the TMC Super Tech 2013 Expo about the ePower truck.
    12 Sep 2013, 04:33 PM Reply Like
  • I suppose that this means JP can't speak about the response either.
    Another "cone of silence" around an Axion related product?
    13 Sep 2013, 08:19 AM Reply Like
  • The fleet managers ePower had planned to meet in Pittsburgh ran into some serious scheduling conflicts and asked ePower to delay the planned meetings until the Indianapolis show. Since the principal players were busy and the Pittsburgh show was focused primarily on maintenance issues instead of truck technology, the powers that be decided the trip was unnecessary. Sometimes no news is simply that; no news.
    13 Sep 2013, 09:07 AM Reply Like
  • JP,


    We read too much between the lines on this concentrator, because we are so hungry and starved of news from Axion! I understand the frustration that sets in sometimes, but we are still a (relatively) optimistic bunch for the most of us :)


    When Axion starts rolling the good news, the mood will become more relaxed in here, thats for sure...
    13 Sep 2013, 09:11 AM Reply Like
  • Best of fortune for ePower in Indianapolis...
    13 Sep 2013, 09:29 AM Reply Like
  • John -


    What Indianapolis show are you speaking of? The Indiana Green Fleet (or whatever its called) was just outside of Louisville across the border in Indiana.


    Is this just a private meeting or am I missing a news release? TIA.
    13 Sep 2013, 11:32 AM Reply Like
  • I was speaking of the Indiana Green Truck Show and apologize if I got the location mixed up.
    13 Sep 2013, 11:54 AM Reply Like
  • No problem. I was wondering if there was another conference that you may have accidentally given out. Even the best sometimes slip up. I'd really hope to see both ePower and AXPW both at the Green Fleet Conference in Phoenix Oct 1-2 combined and seperately. As far as we can see from outsiders there is nothing going with an APU solution and maybe there is another ePower that none of us know about who has melted batteries and is looking for something else.


    Glad to see that they are still going to attend that. Its a pretty small conference so hopefully they can have actual time to show it off.
    13 Sep 2013, 01:09 PM Reply Like
  • Just thinking, since the Pittsburgh display has been cancelled, maybe someone from Axion &/or e-Power Trucks would have time to call & see if the Air Resources Board would allow e-Power Truck Press Releases to be displayed for the last scheduled Prop 1B Grant Program to be held in Modesto Ca. on 9/17. JP, you previously indicated that CA’s 1B Program deadlines would preclude ePower sales under the Grant program. However, getting the ePower/Axion’s story in front of the Air Resources Board and truck fleet owners & potential 2014 buyers w/o a grant, would still be worth a few phone calls and some overnight shipment charges. At a minimum, calling & sending the Press Releases to key Air Resources employees could still provide some momentum, while gaining some valuable insight into processes and perhaps fleet owner contacts.



    Modesto District Office, Magnolia Room
    Tuesday, September 17, 2013
    10:00 AM — 3:00 PM
    4800 Enterprise Way, Modesto, CA 95356


    Minimum Program Requirements


    Demonstrate that your fleet is in full compliance with
    the California Air Resources Board Truck and Bus


    Contact Information:
    For more information on eligibility
    and requirements, please contact
    staff in the Incentive Program:
    Phone: (855) 99GRANT
    Fax: (559) 230-6112
    13 Sep 2013, 02:42 PM Reply Like
  • This is basically a cash for clunkers program to replace older trucks with newer ones. ePower is still working on two new third-generation prototypes. Until the trucks are built they can't be tested for either fuel economy or emissions. Nobody but a blithering idiot makes performance representations to regulators and potential customers without being able to back them up. I appreciate that you only want to help, but this program is closing too quickly for ePower to play the game.
    13 Sep 2013, 03:00 PM Reply Like
  • Sometimes, I don’t write to clearly enough to make my point. This whole contact idea was not to participate in the CA Prop 1B program or to make performance representations to regulators and potential customers. The early Press Releases I’ve seen from e-Power & Axion re. the 10 truck order, don’t do that. But I’m willing to bet the PR's have already been reviewed by top notch attorneys to be sure we don’t run afoul of securities & other disclosure laws.


    The purpose of this early contact is purely marketing, to get into the stream of conscience of regulators & with any luck, fleet owners, who may be potential buyers WITHOUT the benefit of the grant. At some point we will have the data that will compel customers to buy e-Power trucks on a purely business decision. In the meantime we will have gathered regulator process hot buttons that could aid in our testing & ultimately provide an ease of entry into this huge left coast market.
    13 Sep 2013, 04:11 PM Reply Like
  • Every company has to progress at its own pace and make its own timing and marketing decisions. I appreciate your desire to help but believe the timing is bad. This is the third time I've politely but clearly said no. I don't see any use in further discussion.
    13 Sep 2013, 04:40 PM Reply Like
  • Sorry if this was posted already.


    Contributed by Special Guest Allan & Carron, About Small Caps Blog


    The Future Of Green Technology Moves Beyond Cars

    12 Sep 2013, 04:40 PM Reply Like
  • Maybe JP can make the referral to Tom Granville regarding Charles Barnhart? Previously JP made the referral to ePOWER regarding Axion. JP knows Tom and is aware that Axion would like to break into California's Energy Storage Mandate business. I think we need to be proactive here and not hope that Dr. Barnhart gets in touch with Axion and the contact is handled appropriately by Axion.
    12 Sep 2013, 05:15 PM Reply Like
  • I have direct access to far bigger fish than Dr. Barnhart but must use them sparingly and with the greatest of caution.
    12 Sep 2013, 05:53 PM Reply Like
  • You know best, John. I just wanted to make a suggestion. Thank you for your reply.
    12 Sep 2013, 07:13 PM Reply Like
  • I just know there's a time and a season for every introduction and acting too soon or too late is a great way to waste an opportunity.
    12 Sep 2013, 07:26 PM Reply Like


    Elon Musk: It’s not as crazy to short Tesla now (Corrected)
    12 Sep 2013, 07:48 PM Reply Like
  • LOL, note the Tlites jumping all over the article because they think it came from a year ago... Whereas, of course, the idea is that its examining new comments from Musk, and quoting the year ago situation.


    To quote a wise celluloid philosopher: "What a bunch of maroons".
    12 Sep 2013, 07:56 PM Reply Like
  • The good news: AXPW stock is still on sale affording great opportunities to average down.
    The bad news: I wrote a poem about it.


    "Dear lil broken battery stock;
    Your daily price slips predictably clock;
    My investment skills you continue to mock;
    Waiting for news, the rest is all schlock;
    Big new sales soon, fore I reach for the Glock!"


    Added today in the twelves just to claim braggin rights!
    12 Sep 2013, 08:47 PM Reply Like
  • Soon AXPW will be a spaceship looking to dock.
    12 Sep 2013, 08:53 PM Reply Like
  • Ranma,


    Is that a good thing? Spaceships were built to soar.


    12 Sep 2013, 08:59 PM Reply Like
  • Then watching Axion will harden your..... rock.
    12 Sep 2013, 09:00 PM Reply Like
  • But please don't watch the clock
    12 Sep 2013, 09:01 PM Reply Like
  • Tis winter approaching and Axionistas are getting ready to flock.
    To Newcastle with sales in a lock.
    And a hope that share prices will fly like a hawk.
    13 Sep 2013, 11:01 AM Reply Like
  • big ears here, like Dr Spock.
    13 Sep 2013, 03:47 PM Reply Like
  • Altoona Facebook page just added a NS 999 photo and comment


    8/2013, NS 999 has been sitting outside lately after spending lots of time inside the shop getting some work done. When the shop is done with the upgrades, we should see 999 testing in yard duty again.

    12 Sep 2013, 09:07 PM Reply Like
  • 999 lives! I'm getting excited. A dream long delayed but its time to wake up from the long winter. She is still alive and potentially a very big deal for railroads and EV geeks--not to mention bean counters at Class I railroads everywhere.
    12 Sep 2013, 09:11 PM Reply Like
  • Love the stealth quadcopter (not a drone) camera rig...
    12 Sep 2013, 09:14 PM Reply Like
  • Interesting conversation in the comment section too.
    12 Sep 2013, 09:29 PM Reply Like
  • I'll say! lol
    12 Sep 2013, 09:49 PM Reply Like
  • Note: the NS 999 made the FB backdrop photo...
    12 Sep 2013, 09:50 PM Reply Like
  • Stefan,


    Did you notice Altoona Works comment on the thread. No explicit mention of Axion, but it's encouraging to me that they responded to the comments the way they did. Encouraging that they posted about it at all.


    "999 is not a "Green Goat" which is a type of hybrid locomotive produced by Railpower. 999 is an all-battery-powered unit. The upgrade includes new Lead-Carbon batteries, an improvement over Lead-Acid."


    Axion inside.


    12 Sep 2013, 11:21 PM Reply Like
  • G -


    I did notice it. The comment section has gotten a lot longer too. Apparently, Altoona is the only place set up to charge the NS999. I want to ask a question about the hybrid locomotive simulator, but not sure that they would know what I was talking about.
    13 Sep 2013, 12:44 AM Reply Like
  • Stephan, What would you ask about? If it's about location I'm sure it's at Penn State or NSC. Since these two parties are acting as systems integrators that's where I'd put it. Then I'd just have an open contract with Axion for reviewing data.
    13 Sep 2013, 07:42 AM Reply Like
  • The first time NS announced the 999 it was Friday Sept 28, 2009. Maybe history will repeat itself and they will make an announcement this time on Friday Sept 27, 2013.
    13 Sep 2013, 07:45 AM Reply Like
  • ii - not really sure what I would ask about. Just want to rustle up more info, lol
    13 Sep 2013, 10:27 AM Reply Like
  • Stefan, I hear ya there.


    From a historic perspective, I still remember TG trying to expedite the NS 999 with NSC by offering some incentive on the batteries. Worked about as well as trying to get a lion to do aqua ballet by offering him a free trip to the salad bar.
    13 Sep 2013, 10:43 AM Reply Like
  • Stefan,


    Even if they knew, do you think you'd get a direct answer?


    13 Sep 2013, 01:29 AM Reply Like
  • Sebang, a leader in battery evolution


    "World’s fifth-largest battery maker expects to clinch supply deals with BMW, Mercedes-Benz"
    "More recently, Sebang has begun to make a name for itself as a world-class manufacturer of AGM batteries, a key component in “stop-start systems” for cutting the engine when the car stops to enhance fuel efficiency."
    "Lee was also skeptical of the fuss over offering lithium batteries for electric cars, as he felt the era of electric or hybrid vehicles had yet to come for at least another decade.


    “Our experts in Europe, where the top carmakers such as BMW, Mercedes-Benz and Volkswagen Audi are, all shake their head at the speculation on electric cars going mainstream,” the chairman said."

    13 Sep 2013, 09:26 AM Reply Like


    As that famous philosopher, Kermit, once said: "Its hard being green".
    13 Sep 2013, 09:56 AM Reply Like
  • Perhaps a bit of an offbeat thought. --- IIRC, there's a new rail yard being planned somewhere in N. Illinois that is running into difficulty getting approval because of concerns about air and noise pollution. I wonder if the deciders that be could petition NS to incorporate their battery powered technology into their rail yard as a condition for approval. Since they may not be aware of this technology, would it make sense to somehow track down the deciders, and let them know about it?
    13 Sep 2013, 11:22 AM Reply Like
  • Wayne - I'd say no at this point. Until its running with some experience its the same as tons of other vaporware. This is why I am frustrated on these delays. Each day that its out there means something more tangible that regulators can point to as the standard they want to hit and that its achievable.
    13 Sep 2013, 11:34 AM Reply Like
  • JCI's 48 V offering is complemented with a LAB starter battery. IMO that's good news for Axion as an offering. And once you start offering systems that can accept the energy that's harvested efficiently and have payback, well that's something worth crowing about. That's not what most like BMW are selling today. Today they are selling a myth.


    Half the Drivers in Europe Ready to Pay More for Fuel Efficiency


    "“Johnson Controls is already in development of a solution that has the potential to improve fuel economy up to 15 percent at an affordable cost, with Micro Hybrid,” said Jetses. “Leveraging a dual voltage architecture, Johnson Controls’ Micro Hybrid battery system will involve a traditional 12-volt battery that starts your car and a 48-volt Lithium-ion battery that enables optimization of energy generation and consumption.”"

    13 Sep 2013, 01:12 PM Reply Like
  • I am right there with you iidelco...
    13 Sep 2013, 08:06 PM Reply Like
  • Tim, I can't tell you how relived I was to see that. If the lithium guys had a package that could do it all given the variables like temperature, airport test etc. at the right price.... well, I'd been worrying a little when I saw Conti and JCI talk about their 48 V offerings. I smiled when I saw plus LAB! I kind of expected this to be the case but confirmation is a good thing.
    13 Sep 2013, 08:29 PM Reply Like
  • >iindelco,


    These vehicle designs and electrical architectures are exactly where the PbC can directly compete. SS (off-cycle) being only one attribute of such designs and both JCI and Continental acknowledging offhandedly that their Lead Acid offerings won't work in the 48V architecture they each propose.


    These designs are not needing the density of Li batteries, rather the charge acceptance characteristics not found with Lead acid batteries. However the PbC with Organic Anode will do just fine!


    Bring it on JCI and Continental!!
    14 Sep 2013, 12:11 PM Reply Like
  • So, the next _scheduled_ potential news source is ...
    Indiana Green Fleet Conference on September 23-25 in Elizabeth, IN.

    13 Sep 2013, 02:11 PM Reply Like
  • Conferences are not news sources and shouldn't be viewed as such. They're marketing and network building opportunities, nothing more.
    13 Sep 2013, 02:23 PM Reply Like
  • Marketing opportunities tend to generate press releases. The closest thing we have to "Axion News" at this point. Media coverage that mentions Axion or ePower by name can be good.
    13 Sep 2013, 07:57 PM Reply Like
  • Distributor named for Idle Free APU in Northeast


    Uses 4 AGM batteries
    13 Sep 2013, 02:14 PM Reply Like
  • "powered by the reefer" ... oh
    "Idle Free APUs use a coolant heater as a fully integrated component of the system providing heat for both the cab/bunk as well as the engine block."
    There for a second I thought they had been smoking something.


    If the APU gets that hot, I wonder how much of a fire hazard it is?
    13 Sep 2013, 02:26 PM Reply Like
  • Reefer units are basically heat pumps. They take heat from the trailer and exhaust it to the exterior environment. The APU has nothing to do with heat generation.
    13 Sep 2013, 03:03 PM Reply Like
  • Don't get excited about Idle Free and Axpw. Idle Free is in my hometown and I met them at an event a few years ago (pre AXPW days) as they were first coming to market. The economy tanked in 2008 and instead of rushing to market in a bad environment where everyone was losing sales and cutting prices they went back to the drawing board and came up with what they have now. After hearing about AXPW I tried to put both sides in contact with each other and got no response from AXPW and a 'Thanks but no thanks' from Idle Free. I've long viewed the APU market as an quick way for AXPW to get sales to help until big orders.


    To be honest, I understand their decision. They want a small space power battery (4) that will run for a long run (overnight) and then have in theory a long-time to charge again. Their battery supposedly takes 4-6 hours to recharge and they are only warrantying their battery for 30 months (it used to be 24).


    My old man used to drive a reefer truck (refridge truck) to pick up supplies at markets in Chicago for a few small grocery stores when I was a kid. The problem back then was the engine had to be on to run the refridge unit so most guys had a key for the door and a key in the ignition to keep it on. If you can run it on battery you can save fuel especially for quick in and outs. Its like a really long stop/start system. My old man once got his truck stolen when he was a fishmarket in Chicago (last stop of his run) and called the cops. It was found a few blocks away flipped over after running up a power pole. Not a good day for my dad and our family.
    13 Sep 2013, 07:16 PM Reply Like
  • Impressive, comprehensive article; love the references to NS:


    Rizzone - 9-13-13 --- Locomotive Technology to Power Class 8 Heavy Trucks


    ... New Castle, Penn.-based Axion Power International Inc. and ePower Engine Systems LLC of Florence, Kentucky are collaborating to offer Axion’s PbC batteries and ePower’s battery management system – which has been used in locomotives – to help power Class 8 heavy trucks. Axion CEO Thomas Granville told Rigzone......



    There's five breaks (pages) in the article, so be sure to click "View Full Article" below the picture of the ePower rig, or click on all five pages.
    13 Sep 2013, 05:23 PM Reply Like
  • That's a very nice article and rig zone is a well respected oil and gas industry website. It's also worth noting that the article shows up as one of the four lead stories on their main page. –
    13 Sep 2013, 05:52 PM Reply Like
  • WiO: Good catch! Good PR and we need PR!


    I saw some statements that stood out to me ...


    Here, "Granville said the company is working with several oil and gas companies, road truck fleet owners and original engine manufacturers that provide engine components to supply this technology for use in Class 8 heavy trucks", I think "the company" refers to ePower?


    "Fuel efficiency is boosted by running the engine at peak revolutions per minute". I *suspect* it's not peak rpm, but rather peak efficiency?


    We later learn what components are Axion-supplied - that's nice. APMs spreadsheets can use this information?


    "... noting that Axion’s engineers are over at ePower on a weekly basis". That's very good IMO. Initial roll-out has to be near-perfect as bad first impressions in the customer base can be very difficult to overcome.


    I like the fact that TG seems to try and raise some awareness that the government bias exists and has ... um "spotty" results in "... While lithium ion chemistry for batteries has been the darling of the media and target of federal research investment dollars, the results have been disappointing ..."


    13 Sep 2013, 06:04 PM Reply Like
  • Thanks for the post, Wayne. I haven't been by RigZone lately but being how I work in the industry I have to echo JP in that it's a respected website.
    13 Sep 2013, 07:45 PM Reply Like
  • I found the article to be productive but you can see in a number of places where the author doesn't quite have it right. When reading, I first noticed that when the author implied that ePower's system had previously been used in locomotives even though we know that that applies only to the battery portion.


    Maybe this is a point for JP but I am a little concerned when the author reported that the mileage of the ePower truck was between 7 and 8 miles per gallon vs. 5. First, we know that the fleet average is more than 5 and I believe is around 5.7. Also, if the number is 8 (as Brishwain quoted Vani Dantam the other day) then we're looking at that 35% improvement even if the starting point is close to 6. If the ePowered number is 7 then of course we're looking at an improvement in the teens, which of course is much less compelling.


    You can tell that this was probably a phone interview. I wish Axion had a fact and quote sheet they could e-mail just to make sure the key facts are reported correctly.


    I know JP is working on a way to explain ePower's improvement. Personally, I like the idea of 35% as the floor for a max-load with a new rig, but with an average of xx% based on the weighted average of loads as reported by the government. One thing I thought that was very interesting in the numbers Brishwain quoted was how substantial the gas mileage improvement was with lighter loads which, as JP has pointed out are more the norm while full loads are relatively rare.
    13 Sep 2013, 05:56 PM Reply Like
  • APM: I almost started my comment with "I'll forgive her minor errors as it's good PR and we need PR".


    Then I thought better of it. And just decided that most readers "in the wild" wouldn't know any better anyway.


    But I see we're both "crotchety" (i.e. somewhat sticklers for accuracy. :-))


    13 Sep 2013, 06:09 PM Reply Like
  • HTL. First time I've been called crotchety. At least you didn't call me an old man.....yet ;)
    13 Sep 2013, 09:52 PM Reply Like
  • Trying to figure out what's going on in the trucking industry is a total chamber of horrors because there's so much variability. For example, some statistics indicate that 9% of tractor miles are empty, 61% "cube-out" with a full trailer at less than maximum GVW and 30% weigh-out at maximum GVW. Other statistics have high empty and lower weigh out percentages. While the maximum combined vehicle weight rating is 80,000 pounds, the emission standards are based on assumed CVWRs of 65,500 to 71,500 pounds depending on tractor type.


    If you're really feeling masochistic you can download the entire adopting release here –


    The bottom line is this is incredibly complex stuff and no matter what a speaker says, somebody who is looking for reason to snipe or criticize will find ample fodder.


    The most understandable source of digestible tidbits I've found so far is the EPA's "SmartWay Trends, Indicators, and Partner Statistics (TIPS)" website. –


    The "Previous Tips" archive is particularly useful if you want to drill down into the variety within a particular segment.


    ePower's fuel economy numbers are in a state of flux because the John Deere four-banger doesn't have enough horses to run the generator at full power by the time you account for parasitic loads. The bottom line is they get a maximum of 93 kw out of a generator that's rated for 115 kw and can be safely over-rated to 128 kw. The Cummins six cylinder should have all the ponies necessary to max out the generator while sipping 6.8 gallons of fuel per hour. If things work the way ePower hopes they will, the final fuel economy for an 80,000 GVW at 65 mph will be in the 9 to 10 mpg range but until the tractor is built and tested there's no way to guarantee anything.
    13 Sep 2013, 06:52 PM Reply Like
  • John, Isn't the intent of the system as conceptualized to under power the generator at some level with the diesel motor running at its peak efficiency and to use the PbC battery bank as the variable storage device to source and sink current to the drive motor as the power requirements on the drive system vary? This all tuned to a specific geographic range as too much electrical energy storage would yield a loss on average if you took too much variation in topography into the service profile.


    I'm just trying to understand how this works with the larger engine or is the generator also being right sized to get up to the full load rating of the higher weight class 8 vehicle given some targeted metrics like top speed? I just don't see how this works if the diesel motor in its sweet spot can run the generator at it's full over rated power requirement.


    BTW, In my mind I can see why NSC is looking to tie in the Leader application with their battery OTR unit. I can see how developing a computer program that inputs the number of locomotives, rail cars with their respective masses, topography, weather etc. could yield some really impressive efficiencies once it's all modeled correctly on a repetitive route. Put in some feedback and the puter could yield some darn good results.
    13 Sep 2013, 08:22 PM Reply Like
  • I can see where rolling hills would be the "sweet spot" for ePower. That is where the most fuel would be saved by boosting on climb and recovering on coast. Steady flat plains would be the worst since there is little chance to defer the fuel usage. If even the worst is close to 7 mpg, that's not too bad. The system would likely last an extended time due to less stress and so recover some cost that way.
    13 Sep 2013, 08:39 PM Reply Like
  • The 115 kw generator is a little more juice than you need to power an 80,000 pound GVW at 65 mph on flat level ground. Under those conditions, the generator can power the drive motor and send a trickle charge to the batteries and the only times the batteries come into play are acceleration and hill climbing with regeneration during downhill and braking intervals.


    If you can only get 93 kw out of the generator because the engine is too small, the system draws more off the batteries than it should at vehicle weights and it eventually takes the batteries below an optimal SOC.


    What you want is perfect balance (±5%) between between generator output and drive motor demand on flat level ground at your target weight and speed. If you can keep that balance you're using the smallest engine possible for the load and letting the batteries jump in for the hard work of acceleration and climbing.
    13 Sep 2013, 09:26 PM Reply Like
  • Thanks JP. Heres to finding that balance via the new Cummins. Jay and ePower are doing important work, God bless 'em.
    13 Sep 2013, 09:39 PM Reply Like
  • GT, even flat terrain still works for ePower's application. That is, because the smaller engine saves a significant amount of fuel in its own right. A graph of a present truck would likely show excess power usage because the engine is over-sized for this particular scenario. So, the mere presence of the PbC batteries is what enables this, even if they aren't actually used (as much).


    But, you are correct in that it doesn't utilize the batteries as much so the total gap in fuel efficiency between a standard rig and an ePower rig is likely to be less that it would be in rolling terrain.
    13 Sep 2013, 09:48 PM Reply Like
  • I'm not entirely clear on whether the performance advantage of an ePower tractor over a conventional tractor changes all that much as you go from rolling hills to flat and level terrain.


    The biggest chunk of the ePower advantage comes from a tiny engine running at steady state. ePower is using the same 6.7 liter Cummins diesel engine for its tractor that you'd get in a Dodge Ram 2500 pickup, except the ePower engine is configured and tuned to run at 240 hp instead of the 300 to 385 hp you get from the Dodge.



    That's the difference the series electric drive makes.
    13 Sep 2013, 10:21 PM Reply Like
  • If ePower can reproducibly show these kind of real world results (9-10 mpg for 80K lbs GVW @ 65 mph) (on level ground and/or mixed terrain) it's going to cut through all the confusing stats and data in one fell swoop. I think I've already asked it of John, and believe he's answered, whether the 6.8 gph figure was for full rated load, and believe it was. So if it turns out the six-cylinder coupled with the generator and motor are sufficient to produce enough power to cruise on the level the full load at 65 mph without having to draw from the battery string, well that sure sounds dang close to 10 mpg right there...(if you burn 6.8 gallons to go 65 miles that equals 9.56 mpg) again, even on totally flat terrain. Do some things to reduce air and rolling resistance and it could get even better. Add in some grades and descents, where the engine might get to back off for a bit, and it could get better still...


    I'd say all that sure adds up to a pretty exciting prospect, one I know there's a lot of impatience for, me included... and to that end, if you can John, just how close would you say they are to having that first six-cyl rig roll? ;)


    DTG 1844 PDT 13Sep2013


    ps: I meant to say so before, but it's good to be here among such gents (and ladies) of the first order--many thanks for those recent notes of welcome...
    13 Sep 2013, 11:43 PM Reply Like
  • We want both of the third-generation prototypes on the road and finished with testing this year.
    14 Sep 2013, 06:23 AM Reply Like
  • APM: I think Greentongue does have an important point though if you buy into one of JP's strong theses: the storage is economically justified by frequent cycling.


    On flat terrain, as John notes in his response, the biggest gain is a downsized engine run fairly constantly in it's sweet spot. That's enabled, in terms of being practical, by the presence of the storage.


    Now to stay true to the justification thesis, we must cycle the crap out of that storage.


    My take anyway,
    14 Sep 2013, 07:28 AM Reply Like
  • 48: "... where the engine might get to back off for a bit"


    IIUC, that doesn't happen? Constant running a peak efficiency? Charging batteries when below optimal and load allows excess current to flow? IDSTR some discussion of reducing fuel flow though. Maybe that's "back off a bit"?


    It would be nice if the scenario included "opportunistic idling" as part of the plan. John, have I got this wrong?


    14 Sep 2013, 07:35 AM Reply Like
  • Actually the engine does back off in response to generator load. As I understand the mechanics, and you have to bear with me because I'm still learning, the generator responds to load and if there is no load to draw power from the generator it just spins.


    So if you have a situation where the batteries are fully charged and the drive motor is not drawing power the fuel flow to the engine drops until a load is put on the system. The engine keeps spinning at the same speed, but it consumes less fuel.
    14 Sep 2013, 07:48 AM Reply Like
  • John, from the little physics I know, I think you got that 100% right.
    14 Sep 2013, 08:05 AM Reply Like
  • New clients are always an adventure for me because there's so much to learn and so little time.
    14 Sep 2013, 08:38 AM Reply Like
  • John: Thanks! Without knowing the underlying details, that reduced fuel flow would seem to fit 48's "back off ..." scenario.


    Holding the engine at the same rpm while doing that would provide a more responsive pick up as power is needed too - no equivalent of the old "turbo lag" that we used to have (still have on some cars?) on turbo-charged engines.


    14 Sep 2013, 08:52 AM Reply Like
  • JP: " The bottom line is they get a maximum of 93 kw out of a generator that's rated for 115 kw and can be safely over-rated to 128 kw."


    It sounds like the issue is not the 4 banger but the generator. It might not be required to upgrade both the engine and the generator.
    That could make the Day Cab version very attractive.
    15 Sep 2013, 08:38 AM Reply Like
  • The generator is just fine. The problem is parasitic loads on the engine for air conditioning, power steering, brake compressors etc.
    15 Sep 2013, 09:24 AM Reply Like
  • A good example of why the autos are looking to make all these functions electric. Then you can prioritize them so when the vehicle needs peak power for motive demand you can run these off of stored energy. Kind of like peak shaving on the grid or "Negawatts".


    I'm sure the trucking industry will head in that direction as well but that's for the future and well outside of ePowers scope of immediate concerns.
    15 Sep 2013, 09:30 AM Reply Like
  • This is very similar to the way a load following power plant runs, the higher the demand being drawn on the plant the more electromagnetic resistance being exerted on the spinning rotor by the stator. This means the generator gradually begins to slow and increased energy input is required to keep it at speed, whether that's diesel fuel, natural gas in a turbine or steam in a thermal plant. Different types of generators can respond to this in different time scales from seconds to hours. "Uninteruptible" power supply generators are designed with a very heavy flywheel on the end of the rotor which is spun up to speed by grid power, or an intermittent renewable, in the event of grid failure or renewable energy generation falling below the level of the load the flywheel maintains adequate spin to supply the load to provide uninterrupted power and its spin is used to start the generator which then maintains the spin until the grid is restored or the intermittent generation rises to an adequate level again.
    15 Sep 2013, 12:19 PM Reply Like
  • Does the PbC come with a handle?
    13 Sep 2013, 08:32 PM Reply Like
  • No, but even if it did it would be a poor choice for an electric car.
    13 Sep 2013, 08:38 PM Reply Like
  • A question. On this import site they show the column "times" next to respective shipments and calender years. I remember Axion getting 3 shipments of carbon in 2012. The site shows 3 times for that cy. Note that the shipment for 2013 cy states 2 times. I do not recall Axion getting any other carbon shipments in 2013 prior to the August date we discussed. So my theory is 2 seatainers of carbon. Did we talk about this already and I missed it or am I goofy?



    Edit: Oh, That's under port analysis. So it might be the battery terminals and the carbon came through that port?
    13 Sep 2013, 09:33 PM Reply Like
  • iind ... I don't recall reading any discussion earlier re-multiple carbon purchases this year. Thanks for the observation.


    Multiple carbon shipments in 2013 could be suggestive of PbC "batch" sales volume TG mentioned in the latest conference call as having occurred since the end of Q2 and prior to cc.
    14 Sep 2013, 08:50 AM Reply Like
  • Vani mentioned the NS rollout this past week; TG referenced NS several times in the Rigzone article. Has something changed regarding their NDA?
    13 Sep 2013, 10:27 PM Reply Like
  • NDA's relate to information that has not been publicly disclosed by the other party.


    In its 2013 Sustainability Report NS said, "In 2013, we plan to roll out the next generation NS 999, outfitted with a bank of more technologically advanced hybrid lead-carbon batteries developed by industry partner Axion Power International."


    As long as Axion does not deviate from what NS has said publicly or include additional information NS has not disclosed, it's free to talk.
    14 Sep 2013, 06:28 AM Reply Like
  • Long-time readers of this blog know that Vani has added material (IMO) NS info now at least twice:


    1) late Sept/early Oct re: the 999, vs NS' publicly saying only "In 2013".


    2) The real biggie---roughly paraphrasing (it's been awhile, so would have to use Bang's Concentrator search feature to recall the details. Directionally, the following is true.): NS is expected to buy 50 PbC _____ locos per year, vs NS not ever giving any future order numbers publicly, expected or otherwise.


    Hey, I'm an investor, so I prefer more info to less info, but realize there are often trade-offs involved. Sometimes, the additional info has no significantly bad consequences to relationships, other times, maybe not so innocuous.
    14 Sep 2013, 12:36 PM Reply Like
  • Got to thinking this morning about the pps range on the date of the last cc [8-15-13], and the pps range today, 4 weeks later.


    8-15-13 --- $0.1260 - $0.1360 --- Close .1320
    9-13-13 --- $0.1255 - $0.1318 --- Close .1281


    And this was absent ANY news/announcements of orders. Looks pretty resilient to me.
    14 Sep 2013, 12:29 PM Reply Like
  • OT:


    okay, i'm off to smack some walleye a** and chill in the great north woods. so nothing important should transpire until i get back in about eight days. still want to add more shares to fill up my initial position but it'll have to wait.....


    be well, all of you!
    14 Sep 2013, 01:32 PM Reply Like
  • Make it a great trip. I can't promise inactivity, but we'll try to hold down the fort in your absence.
    14 Sep 2013, 02:11 PM Reply Like
  • Hey Obi, have a great trip. --- Watch out for those north woods ticks. If you get bitten by one, buy a bottle of Teasel Root tincture from a health food store. Knocks out Lyme as good as antibiotics if you catch it early.
    14 Sep 2013, 02:11 PM Reply Like
  • OP,
    Muskie, Pike and Walleye. oh my!!
    14 Sep 2013, 02:17 PM Reply Like
  • Now you guys are setting the wayback machine to a politically incorrect ethnic joke that made the rounds during in the late 70s. It seems fisheries researchers at Purdue were doing hybridization studies with coho salmon, walleye pike and muskie. They reportedly ended up with a cowalski and had to teach it to swim.
    14 Sep 2013, 02:40 PM Reply Like
  • FWIW - maybe previously posted, but here goes:



    And, there are several additional links embedded which may be worth reading regarding locomotives,



    and including what first got my attention: a new battery for underground coal hauling scoop - which we tried during the 1970's with a different chemistry.

    14 Sep 2013, 02:15 PM Reply Like
  • Lithium loco battery

    14 Sep 2013, 02:43 PM Reply Like
  • I am puzzled by their touting lighter weight as a plus. It's been my understanding that locomotives need weight for traction.
    15 Sep 2013, 01:24 PM Reply Like
  • Victor, Lighter weight is always good for something that has to be handled more frequently. But you are correct, Less advantage in this application since they are often adding dead weight for traction anyway.
    15 Sep 2013, 01:59 PM Reply Like
  • >VictorG45 ... This is probably a replacement for the diesel starter battery. This lithium battery could make the replacement capable of being done with man power and without a crane. Normal locomotive batteries weigh 1,000 to 1,500 lbs. Now the question is just what the difference in price and durability might be.

    15 Sep 2013, 02:17 PM Reply Like
  • DRich, No crane the second time.


    Any idea how often this is done outside of a normal PM schedule?
    15 Sep 2013, 03:58 PM Reply Like
  • >iindelco ... As I understand, a starter battery last 2 to 3 years ... 5 years is the longest I've ever read about. Although, I do believe they are replaced before failure as a maintenance item. The price of sending a tow engine to drag a locomotive back to the shop can easily cost more than the battery by delaying a train, slowing other traffic. Kinda' depends on where that failure happens and makes the fact that LAB's are recyclable a plus.


    I don't have any idea how long a Li-on would last. Would it be cost effective to consider it a routine consumable maintenance item? Would it need to be pushed closer to failure age to make it economically comparable with a LAB? Personally, I don't think current Li-on technologies will be big on the rails but we shall see.
    15 Sep 2013, 04:27 PM Reply Like
  • Most of this tech. has been posted B4 in discrete articles but here it is in one article w/ some level of where they are going with the tech. Note the nav. tie in which is directionally what NS is doing with leader. Once you have the hardware you have to move to higher order functions to take full advantage of what you've paid for.


    New Bosch technologies on show in Frankfurt

    14 Sep 2013, 03:06 PM Reply Like
  • 48v electrical system with li-ion battery pack adopted for 2016 model year auto according to Continental.

    14 Sep 2013, 07:51 PM Reply Like
  • First orders have been received, and production will begin in 2016, according to José Avila, Head of the Powertrain Division and Member of the Continental Executive Board.


    Notice orders already received for "2016" long way out. So if AXPW inside is going to happen we should hear by summer or at least TG should be hearing.
    14 Sep 2013, 08:11 PM Reply Like
  • As discussed before the higher probability is that an announcement of a partnership of some sort will be the signal of such an event. Axion most likely will not make an annoucment like Continental's because the order will not be made to them it will come through the tier 1 supplier. How and when Axion partners remains to be seen but timing in the sooner rather than later category for these cy programs.
    14 Sep 2013, 08:52 PM Reply Like
  • LT’s post referring to “…AXPW inside…” reminded me of an earlier JP post that talked about the Axion business model, to become the “intel Inside” of PbC batteries. With TG saying something like “…we’ve shown it can be done…” in reference to the 2nd supplier mandate of BMW, (likely European?), I am interested in finding out if there has been any information posted that addresses AXPW’s capture/reporting technology for PbC batteries produced by other suppliers. I’m a firm believer of “In God We Trust,” everyone else ‘verify & report automatically’ to capture true production/revenue numbers & perhaps including a battery numbering scheme to discourage thefts. Can someone direct me to a previous post or explain AXPW’s capture/reporting technology?
    15 Sep 2013, 03:13 AM Reply Like
  • Since Axion has not yet entered into a third party relationship or licensed anybody else I'd be willing to bet that a capture and report system doesn't exit yet. Mercifully there are several common systems that can be used and using off-the-shelf systems, or modifying them for your own purpose, is far easier than developing your own from the ground up. It's a great question, but a bit premature.
    15 Sep 2013, 07:17 AM Reply Like
  • JP, thanks for the response. I would think that capture/report/numbering technology would be highly advantageous, even for AXPW produced batteries. Didn’t AXPW have to do an inventory/sales reclassification in the 1st quarter? As for the numbering scheme, I was thinking that it would literally be installed ‘inside’ the battery.


    On the left coast, many counties require micro chips to be implanted in our animals when they go in for their 1st immunization shots. It’s reunited many owners with their lost pets. US wide, theft of goods for their base metals has increased exponentially. A propriety numbering scheme, installed inside all PbC batteries could be a sales difference maker for a large string of batteries as found in the PowerCube, NSC trains, & e-Power trucks.
    15 Sep 2013, 11:57 AM Reply Like
  • I have not been to New Castle since 2007 and I've read nothing that explains what Axion is or is not doing in that regard. As Axion grows the use of appropriate technology will be increasingly important, but I don't know where Axion is in that process.
    15 Sep 2013, 12:08 PM Reply Like
  • The automakers have required lot control for some time. Circa 2005 GM was changing to 3D bar coding but I'm not sure any have gone to electronic tagging. This would be at the salable unit level but they would probably like to see a system between Axion and Tier 1 supplier since the carbon electrode is so integral and new.


    As a side note, people think tracking products is cheap because they look at just the label. It's not an inexpensive proposition but when you have an oops and you can track your suspect product to the VIN numbers it can be invaluable. Especially for safety related components that drive recalls.
    15 Sep 2013, 01:26 PM Reply Like
  • Gunpowder Gives Way to Batteries as Naval Warfare Turns Electric

    14 Sep 2013, 08:44 PM Reply Like
  • An amusing, slightly off-topic demonstration of how chemistry trumps physics in the practical application of power:


    The 32 megajoules that has been demonstrated with a rail gun is still only a fifth of what is needed for a death ray to vaporize a human.

    14 Sep 2013, 10:56 PM Reply Like
  • They need an energy storage device that can rapidly recharge and cycle frequently while not exploding itself under heavy load.
    15 Sep 2013, 08:58 AM Reply Like
  • Been away


    I thought Vani had a presentation/was a moderator this past week. Perhaps I have the date wrong


    Anyway - what have we on what came of the conference - or when might it be scheduled?


    Thank you
    15 Sep 2013, 05:09 PM Reply Like
  • Dimca


    Brishwain reported:
    "There were about 20 panelists so he only spoke a few times, and pretty much I noted the only 2 significant statements:


    1. the 999 will be put into service in late sept/early oct
    2. the ePower class 8s get up to 8mpg when fully loaded and up to 13mpg when 1/2 loaded (from 5mpg normally without ePower) "
    15 Sep 2013, 08:05 PM Reply Like
  • >dimca ... Or maybe this from the TMC Super Tech 2013 Expo in Pittsburgh a week or so ago

    15 Sep 2013, 08:18 PM Reply Like
  • Humm


    "Alleged German EV Spies Arrested in l'Affair Autolib
    Intrigue on the streets of Paris. Two German automakers stand accused of industrial espionage after France's digital crimes squad and counter-espionage agents scooped up two German nationals jacking into a French electric vehicle (EV) network. This isn't the latest international crime thriller, and Matt Damon will not be making an appearance. This is la vraie vie in which European automakers, entrepreneurs, and governments step up investment in electric mobility, and rising stakes beget rising tensions."


    "French media this week added Volkswagen to what they've dubbed Affaire Autolib. VW admitted that it too had engaged P3-Group to test Autolib's system, according to Le Figaro. As with BMW, the Wolfsburg-based automaker denied that it was spying, calling the testing "entirely normal." At this week's Frankfurt Auto Show, Volkswagen announced an agressive EV ramp up that CEO Martin Winterkorn vowed would deliver "market leadership in electric mobility" by 2018."
    15 Sep 2013, 08:46 PM Reply Like
  • And I'm sure that there are many other incidents that have occurred between all of us'n allies.

    15 Sep 2013, 11:34 PM Reply Like
  • Another company getting into compressed air energy storage. (CAES)


    Compressed Air Energy Storage Makes a Comeback


    "The pistons, each of which is taller than a full-grown man, compress a combination of air and foamy water, which is then pumped into storage tanks. When power is needed, the air is released, driving the pistons and turning the generator to create a current.


    A key difference between SustainX's technique and conventional CAES technology is that the compression and expansion of air are done at near-constant temperature and the process doesn’t require natural gas."
    15 Sep 2013, 08:55 PM Reply Like
  • Author’s reply » New Concentrator available: Advantage West Coasties

    15 Sep 2013, 09:46 PM Reply Like
  • "Earlier this month, Toll Group, a provider of transport and logistics services, unveiled Australia’s first pure electric truck."


    “We are extremely excited to be the first to get a look at this type of vehicle. It is a shining example of the sorts of things we’re doing as part of our broader Smarter Green environmental program, which looks at the use of smarter fuels such as biodiesels, compressed natural gas and electric vehicles, but only when it makes operational and economic sense to do so. The Smith Electric adds to the many CNG, LNG and hybrid vehicles we operate in Australia and globally.”


    So they brought an EV truck to one of the most coal dependent electrical grids on the planet and the coal plants are not even as efficient as US coal plants.
    In 2010 (Latest year with global statistics.)
    Global average 529 grams CO2 per kWh VS
    USA 522 grams CO2 per kWh
    Australia 841 grams CO2 per kWh VS
    China 967 grams CO2 per kWh


    Airborne Mercury, Lead, Arsenic, Plutonium etc. Come with electricity from Coal. They are known to circumnavigate the globe causing immediate harm.


    And another hugely coal dependent grid heard from. This one will be built on a highly coal dependent grid as well.


    "Meet T5: The BYD Electric Truck With 400 Km of Range
    According to the latest unofficial news from China, BYD is working on its first electric truck – the T5."
    "It seems that BYD is developing more commercial electric vehicles. A new T3 based on the E6 and maybe even a larger T7 truck could be in the works. This is unconfirmed info at this time."
    15 Sep 2013, 09:50 PM Reply Like
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