Interesting company here which makes electronic vehicles. Right now they have a low speed EV available. However the main interest here is their connection to EEstor. A secretive private company who claims to have an ultracapacitor which will enable vehicles to recharge for a 250 mile range in just minutes. Sounds pretty wild but they are backed by Lockheed Martin so I don't know what to think here. Zenn Motors has exclusive rights to this ultracapacitor for vehicles weighing, forgot the exact number weight but it covers the main market.
Most of the electric vehicles in the works will be working with Lithium ion batteries so this would really change the landscape. Have a small position but interested in what others think of this.
Currently trading just over 5 bucks, if this capacitor doesn't materialize the stock is certain to drop to a couple bucks if not lower. Of course on the flip side if this is somehow real the stock will obviously surge.
Here's a fishy looking blog which covers EEStor;
http://bariumtitanate.blogspot.com/
And Zenn Motors home page;
www.zenncars.com
Most of the electric vehicles in the works will be working with Lithium ion batteries so this would really change the landscape. Have a small position but interested in what others think of this.
Currently trading just over 5 bucks, if this capacitor doesn't materialize the stock is certain to drop to a couple bucks if not lower. Of course on the flip side if this is somehow real the stock will obviously surge.
Here's a fishy looking blog which covers EEStor;
http://bariumtitanate.blogspot.com/
And Zenn Motors home page;
www.zenncars.com
