omanmike

Energy Storage Opportunities vs. Irrational Expectations

I think its time and everyone who agrees with you to read Tom Freedman's latest book: Hot, Flat and Crowded. You will learn how new technology comes down in price as production and demand increases. I was visiting England when cell phones came on the market. They were big, heavy and cost $1000 plus. Twenty years later cell phones are small and cheap. Lithium-ion batteries will be used in Hybrid and electric cars, thats for sure.

Energy Storage Opportunities vs. Irrational Expectations

I think it is time you read the new book written by Tom Freedman: Hot, Flat and Crowded. From the book you will learn how costs of new technology come down as production and demand rises. Lithium-ion is the battery technoloyg of future. I think Valence (VLNC) has a very good Lithium-ion battery, but very incompetent top managers. As soon as they get rid of their incompetent managers the company will produce and ship a lot of batteries at a reasonable price and make big profits.