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Message Boards Settings Advanced Battery Technologies, Inc. - Quote Info
OT Compact Power (LG Chem) battery pricing      7-Nov-09 11:28 am    
"Costs for batteries to power a coming wave of electric cars could plunge to a quarter of current levels over the next decade and the United States could face a near-term supply glut, the chief of LG Chem Ltd's U.S. unit said."

"But Patil also said recent incentives extended by the Obama administration and state governments could put more battery production in place over the next three years than the auto industry can absorb with its longer development cycles."

Building a path to the end customer may not be such a bad idea. I'd hate to be burning cash now waiting for an auto maker to deliver a profit fairy.

http://www.forbes.com/feeds/reuters/2009...
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IINDelco


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  Subject Author Rating Time of Post (ET)  
 
OT Compact Power (LG Chem) battery pricing
IINDelco Not rated 7-Nov-09 11:28 am  
 
I agree, building a path to the end consumer is th...
greentechse... Rate it 8-Nov-09 09:53 am  
 
Out of curiosity, I took a look at pricing for the...
china_s2 Rate it 9-Nov-09 10:20 am  
 
These auto makers sure do make some significa...
IINDelco Rate it 9-Nov-09 10:46 am  
 
"I'd bet you could make some pretty good...
china_s2 Rate it 9-Nov-09 12:45 pm  
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Advanced Battery Technologies, Inc. (ABAT)

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