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8/9/09

Alternative energy - electricity: Eestor promises demo of its radical new battery in 2010 - by Matt Jansen

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Alternative energy - electricity: Eestor promises demo of its radical new battery in 2010 - by Matt Jansen

Eestor has shrouded itself in mystery, and if the promises it’s making about a new ultracapacitor battery in 2010 are true that certainly makes sense because other companies would kill for that sort of leap in efficiency. Zenn Motor Company has invested enough to earn a 10.7% ownership stake in Eestor with its latest payment at $700,000. Confirmable details are scant but Eestor has convinced Zenn Motor company that its technology is real and will be demonstrated in 2010. Seeing an actual battery in action is another matter though and seems to be dependent on the ability to ramp up production leading up to full scale commercialization. One of the most basic questions GM-Volt asked during its interview with Ian Clifford, CEO of Zenn Motor Company is “have you actually seen one of these devices functioning?” That is a seemingly straightforward question that wouldn’t require details as to how the technology works, but Clifford deferred saying “That gets into the point of non disclosure.”

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