GM's new hybrid, the Precept, uses ENER's NiMh battery. Hydrogen Storage is the future. ENER leads the way there too. I to was suprised at GM's canceling production of the EV1 but the Saturn dealer in San jose told me this was a possiblity because GM may see more in the hydrogen for the future. It certainly wasn't because demand was low. The san Jose dealer told me wait time to get one was over a year. The battery business is of course just one part of the many ECD will dominate in the future. DVD-rewritables, every disc will pay us something, Solar energy, and our memory chip which is being developed with Lockheed Martin. I also understand this same chip is going commercial with a silicon valley firm and will also be used in Processors. This could be huge. If your thinking about buying ENER now is the time. Soon, when these royalties start streaming in it will be to late. This is a quiet stock right now. but I can tell by the boards things are starting to pick up. ENER truly is a company for the 21st century. It could easily be at $100 over night with a few key annoucements.
Honestly, I don't know why someone hasn't filed a lawsuit. The Saturn dealers are talking about wait times of months or a year, and GM is saying:
"Pearce said the company had a sufficient supply of EV1s on hand and said while GM could build more, there was "no particular need.""
They are liars, and in violation of their agreement with the ARB if in fact those still on the list have not had their vehicles delivered. They are supposed to be responsive to demand.
But in the other Detroit Free Press Article it says:
"Seeing that a second block would be needed, GM started making a second batch of 500 EV1s in late 1998 and continued into late 1999. About 100 of those have been leased, with 400 or so awaiting customers."
Awaiting Customers? I wonder if we can get further confirmation as to whether there are still wait-list customers who have not received their vehicles.
...it was explicated by the boss. Don't know where the free press got that idea. There is no problem finding EV1 drivers who want to upgrade and are on the list; getting the list of new drivers might be harder.
There is a group collecting emails from EV1 car drivers, all drivers should sign up.