Wednesday, September 17, 2008

Lithium Ion Batteries (ABAT) and Hybrid Automobiles...

Lithium Ion Batteries far out from deployment in cars <--not with oil at $100! and <--disagrees re: lithium ion and their mass deployment in cars anytime soon but has a biased opinion based on stock interests (my 2 cents). and LG Chemical states that Lithium Ion batteries will rule the hybrid world for the next 15-20 years

Hopefully everyone can form their own opinions. My 2 cents is that LI-ION WILL become the standard, they will make improvements in the technology and that A123 Power Systems (a filed IPO for later this fall) will likely lead to an increase in ABAT's stock price.

Dan Ross

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