Zenn again!!

ZENN Motors Requests DOE Grant to Build US-based EEStor-Powered Electric Car Facility - AllCarsElectric.com

and the beat goes on...

vaporware... ya, vapor seems to be getting thicker especially now that its been revealed the eestor has had a working prototype for 7 years. they just havent been able to figure out how to make another one, that is they havent figured out, yet...

but having this facility based in SE Michigan kinda implies my assertion 3 months ago that Zenn with partner with GM... scary that if true, that GM will have the best EV option (by default)...

guess i will have to buy one, pull the cap out of the gm and find someone who can mate it up with my Pri

 

Fibb you do realize its now fairly common knowledge (well in some circles anyway) that Zenn has had a working prototype for nearly 7 years now right? that prototype is the reason they agreed to finance eestor in the first place

as far as eestory.com,

umm, nope, guess i dont. website 404'd me


some other places, (the 7 year thing was an interview [ i "thought" i posted here, but being active on EV, hybrid, solar and wind forums, sometimes i dont "think" very clearly] by Clifford who talked about his excitement back when the eesu was delivered. back then, gas was so cheap (around $1.50) that the EV need was not paramount. GCC was still unknown, etc.


but what the interview basically revealed, was no... Zenn did not invest all their money on a promise or a drawing. most of the pointers to info is from the my online investor. having stock means they search out news articles for me. a link that is currently looking at recent developments

http://bariumtitanate.blogspot.com/


**edit**

as far as the stock thing. i have not long term plans with anything as volatile. right now, i am almost up to the point where i was last month. but the entire market is going up (except for the other 3 energy stocks i have invested in!!)

i say i will retire on the stock in 3 years,( but i am still at my day job!!) and as far as pricing, i will do what i did when i worked at intel and their stock was going crazy. wait for a split, transfer 20% of the split shares into bonds. except, i think i will wait for a couple splits first.

but what it boils down to, is bought Zenn stock on a whim, investigated the company, was lucky enough to have the entire market tank. so i bought more stock (i have stock i bought in Zenn that is just now more than i paid for it.) at a much much lower price.

right now, the stock would have to drop more than 75% for me to be back to break even.

but as soon as a highway capable EV comes out, be it with an (actually i believe most will have 2) EESU or whatever, i will probably divest enough (if i have enough) to get one without disturbing my other investments

 

stock update;

market has been open for less than an hour. stock is already up another 5%

 

part of the excitement i have is a blog i read on the "worthiness" of investing in Zenn stock to take advantage of eestor success (neither eestor or its major investment partner K-P are publicly traded)

read the part about semi conversion carefully. his assumptions as to the changes in manufacturing dynamics are simple, easy to understand but still very thought provoking. EESU's on big rigs is where the US would benefit greatly. an area i had only briefly thought about, but did not know enough to fully understand the impact.

How to Invest in EEStor or what is Zenn Motor Company Stock worth? - EEStor Ultracapacitors: Battery Revolution begins with Electric Cars?

 

sorry about the confusion. actually you actually restated what i had intended to say.

also, hear the latest rumor?? a soldier in Iraq was spotted with "an electronic device" some say its a EESU which now allows powering of communications, data access and GPS functions (why use eyes when satellites can tell you where the enemy is??) is "reportedly" 75% lighter. takes charge time from 8-12 hours to days?

like i said... all rumors

 

interesting article, i have seen it. what is your thoughts on K-P's actions? (or inactions) it has been reported (unverified) that K-P declined their investment option when permitivity results were verified allowing Zenn a bigger share.

now, there is a NDA with K-P which could mean that they did invest but werent willing to disclose that info. if that was the case, why was Zenn allowed to invest a bigger share? or is the larger amount simply due to inflation or other unforeseen costs??

unlike Zenn, the other investors have not told us how much they invested or if they provided any additional investment at all

 

i expect no more than $70-80 per share by next summer if product is announced within next 60 days. Zenn would be foolish to rush to market. so their company will grow fast, but not that fast. EESU's at this point will still be manufactured by eestor. their process is very similar to microprocesser manufacturing. so to bring an entirely separate factory online would take an average 12-18 months of intense engineering work before ground could even be broken.

intel had a factory in the far east that was getting failure rates of more than 5 times higher than 3 other plants that were identical copies of it.(even done to the floor plan of the offices and personal areas, color of the paint, etc. but they were not consistent.

eventually they determined that vibration from the subway several blocks away during rush hours was causing contamination of dust particles being shaken loose and getting the dies dirty. they adjusted the process, coordinated it with the train schedules (basically making sure the critical wash and rinse process was done AFTER rush hour) after that, quality numbers matched the other fabs. so cranking out a ton of these EESU's anytime soon just aint gonna happen

plus, too much opportunity to lose their exclusivity. like any other company with an exclusive product, a TON of money will have to be spent policing their patents, licensing rights, etc. i once read that Coca Cola spends more than 5 billion a year chasing down clones, frauds, etc.

they estimate it will take more than a year for even a decent ramp up. eestor now has a setup where they can just add parallel manufacturing lines to the factory they have going now. but like all new ramp ups i expect bumps in the road as par for the course.

i dont see a marketable car on the road until the at the earliest summer next year. i do see Zenn energy conversion kits coming out sooner, but now sure i want to be the first guinea pig...

 

yes it will be...eventually. the Trillion dollar Oil industry is not going to lay down and die just because a better idea is out there.

expansion will be painfully slow. even if a product is announced today, it will be months before we can get a retro kit and nearly a year before cars FIRST become available. posted this once but initial EV distribution will start then Europe THEN go to Asia THEN go to South America before coming to us.

despite it being a great revoluntionary watershed event, blah blah, it will still take years to get there. trust me, red tape will see to it. either way, it will kick start our economy and swing the balance of trade to our side for the first time in a LONG time...

but, we be lucky to see it on a production car anytime in 2010...

 

oh i think you will make a decent amount of money in just a few years time. even if you take the best years of intel or microsoft, you are still looking at 10-15 years for any growth beyond 1000%.

but i think its reasonable that you could put in $5000 now double that in less than 2 years. i personally think the stock will grow somewhat faster than that, but it will not be a smooth ride.

but if the EESU does become a reality, i would look at buying stock in Better Place. they would have the emerging market for sure. one thing you have to look at, is EESU with its million cycle lifetime means that they will see market saturation because why buy another if the one you got still has another 300 years left on it?? it would be like the first japanese imports. they came over here with bullet-proof engines covered in cheap plastic. they would run for ever but by the time they hit 100,000 miles you could not hear the radio over the rattles anymore.

after the electronics are sufficiently antiquated, you get another body and swap out the EESU. i actually see EESU's becoming so valuable as the charging network matures that the cost will become so high that most people would lease them. buy the shell, lease the powerplant.

look at intel...they are the perfect example (Zenn has already announced that they will be doing the intel business model so my predictions of Zenn and GM in a partnership is wrong...but the supposition about GM having knowledge of a prototype i feel confident is correct) they did great business for years and it seemed like they would go on forever, but they hit the wall. computers finally got fast enough that it was ok to take a model that was 4-5 years old and still run most of what people wanted to do with it.

now, on paper, they can still improve performance, but the segment of computer buyers who need that performance has dropped. i remember upgrading my computers less than 6 months after a new whizz-bang product was introduced and paying a premium for it.

now i (not me, my newest computer not counting the Mac is 4 years old) put together a very decent computer using stuff that is 2-3 notches below the latest and pay less than a 3rd of what i would have paid if i got it the previous year when the technology was only a year old. so Zenn will not be bulletproof forever. but by then, they will have banked their money, invested in ancillary business ventures and be well rooted in the "monied" sector.

... BP, however... they have the business model to make the real money with no end in sight. granted they provide a service so its got to be high volume to make the money, but hey!, we all got to get there somehow