Re: Those Sneaky Bastards! | <– Date –> <– Thread –> |
From: Erik Nielsen (judge4re![]() |
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Date: Sat, 6 Dec 2008 10:43:39 -0800 (PST) |
And people wonder why GM needs billions before Christmas... On Sat, Dec 6, 2008 at 12:18 PM, <red5hilser [at] aol.com> wrote: > > > > > And I thought the Hun was sneaky after bombing Pearl Harbor! Maybe those old > stories about the 100mpg carburetors weren't so far-fetched after all? > > Yer pal, Ferrari Bubba > > > > > > > > > > > > > > > > > > > > > > > > > > > ABOUT IDE > > > > FAQS > > > > ARCHIVES > > > > PRODUCTS > > > > CONTACT US > > > > WHITELIST US > > > > > > > > > > > > > > > > > > > > > > > > > > > > > Technology For Electric Vehicles Is Moving, Only It Is In Reverse > > > > > > > > NATO UPDATE > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > MaryEllen Tribby > Publisher > > > > > > Jedd Canty > Business Director > > > > > > Nicole Reynolds > Marketing > > > > > > Jon Herring > Editor > > > > > > > > > > > > > > > > > > Charles Delvalle > > > > > > Andrew M. Gordon > > > > > > Dr. Russell McDougal > D.D.S. > > > > > > Rick Pendergraft > > > > > > Lynn Carpenter > > > > > > Andy Carpenter > > > > > > Christian Hill > > > > > > > > > > > > > > > > > > > > > > > > > > Thursday, December 04, 2008 > > > > > > > > > > > > > > > > > > > > Technology For Electric Vehicles Is Moving, Only It Is In Reverse > > > > > > > > > > > > > > > > > > > > > > > > > > > > Christian Hill > > > > > > My previous articles on General Motors and the EV1 generated quite a bit of > reader feedback, and many of you asked the same question: > > If GM could build the EV1 to go up to 150 miles on a full charge 10 years > ago, why can the Volt only go 40 mi > les on a full charge today? > > Excellent question. Surely, battery technology has advanced in the past 10 > years, right? > > Yes, but that's not the real problem. > > The battery pack powering the EV1 was NiMH (nickel metal hydride). The Volt > will be powered by lithium ion batteries like the ones in laptops and cell > phones. > > So, yes, battery technology has advanced in the last 10 years, but I think > the problem of reduced battery range goes beyond that. I think the > "regression" in battery capability is intentional. Here's why: > > In 1994 General Motors bought a controlling stake in ECD Ovonics. By doing > so, GM gained control over the development and manufacturing of Ovonics large > NiMH batteries. This move also provided GM with all the patents on the > batteries. > > As mentioned, these NiMH batteries were used in the final examples of the EV1 > in 1999, and reportedly worked flawlessly. > > Fast forward a couple of years to 2001, and a relatively unpublicized > transaction took place. GM sold its share of ECD Ovonics (and the patents) to… > > Texaco. > > Yep, the oil company. > > Six days later, Chevron completed its' purchase of Texaco. So now the battery > technology that allowed the EV1 to run for 150 miles without a single drop of > gasoline is in the hands of one of the largest oil companies in the world. > > In 2003, Texaco Ovonics Battery Systems was renamed Cobasys, a 50/50 joint > venture between Chevron and ECD Ovonics. Independently, Chevron owns a 20% > stake in ECD Ovonics. > > By=2 > 0now, you are probably guessing that an oil company with the patents to a > very effective battery technology would never let that technology see the > light of day. It could very well put them out of business. > > To state that the technology was buried is not entirely true. But what > Cobasys did is extensively limit the ability for any one to get their hands > on NiMH batteries. And anyone found utilizing the NiMH battery technology > that Cobasys had the patents on were sued and sued often, such as Panasonic. > In essence, Cobasys controlled the market for NiMH batteries, and they were > doing their best to make sure none of the batteries made it into any > electronic vehicle. > > And that brings us nearly full-circle to the current crop of electronic > vehicles, including the Volt. The Volt, as mentioned, will run on costlier > lithium ion batteries, which will drive up the cost of the Volt. GM could > have used the cheaper and proven NiMH batteries, but alas, they sold the > patents to Cobasys (Chevron). Do you think Chevron would allow the Volt to be > produced with NiMH batteries, eliminating the need for a gasoline engine to > supply power after 40 miles? Not a chance. > > Now, to be fair, Cobasys is allowing their NiMH batteries to be used in the > Chevy Malibu hybrid, the Saturn Aura Hybrid, and the Saturn Vue Hybrid. But > all of those vehicles are hybrids, so they still rely on gasoline. Not one > vehicle is utilizing Cobasys batteries as the sole source of power. > > But it gets better. The company chosen to supply th > e Lithium Ion batteries for the Volt is called A123Systems. Guess who they > are partnered with? Cobasys. > > Great. > > So, to bring this all together, the battery technology from 10 years ago that > powered a car 150 miles, is now controlled by an oil company, and any new > hybrid vehicle in production now relies on batteries from an oil company. > > Is it any wonder that we are 10 years down the road from the EV1, but have > yet to see a true mass market electric vehicle? Not when the technology is > owned by an oil company. I guess we can only sit and wait until 2014 when the > patents expire. > > P.S. To let me know what you thought of today's article, send an e-mail to: > feedback [at] investorsdailyedge.com. > > > > > > INTERNAL ENDORSEMENT > > > > The Coming Gold Rush of 2009 Could Hand You Safe Gains of 408% > > > If you think it's too late to make big money in the precious metals bull > market, it's time to think again. The financial crisis has caused tremendous > pain… but the "solutions" are likely to make the situation even worse in the > long run. 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Those Sneaky Bastards! red5hilser, December 6 2008
- Re: Those Sneaky Bastards! Erik Nielsen, December 6 2008
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