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Location: Courtenay, British Columbia, Canada

Monday, May 07, 2007

EV - Altairnano lithium titinate battery talk

This is the new Phoenix SUT, [Sport Utility Truck], using the quick-charge AltairNanoSafe battery pack.

Charging forward in Exponential times with the latest battery talk . .

Between AltairNanosafe battery and AutoBlogGreen

AG: we have developed a new class of electrode materials that are used in lithium ion batteries. And it's analogous to what was done with the nickel-based batteries 20 or so years ago when metal hydride electrode materials replaced cadmium in nickel cadmium batteries to produce what's called nickel metal hydride batteries. And we're doing something similar with our nano structure ceramic materials where we produce a lithium titanate material that's used to replace graphite that's conventionally used in conventional lithium ion batteries and as a result we have a new class of batteries that we call nanotitanate to reflect the new electrode material.

Now, these batteries have almost unbelievable performance in that they can be recharged very rapidly. Depending upon the power supply, we can recharge these batteries in less than a minute.

In large format that would power, say, a full sized all electric vehicle that carries five adults. Those battery packs can be recharged in less than ten minutes.

US Canada Canadian Alberta

These are not souped-up golf carts. These vehicles can break loose the tires from a standing start, accelerate to speeds in excess of 100 miles an hour, even though that's higher than the speed limits of American roads.

The batteries have tremendous life, estimated to be in the range of 12 to 15 years, or about the design life of the vehicle. And importantly, these batteries can operate at minus 50 Centigrade to plus 75 Centigrade, or 165 Fahrenheit. It's unusual battery technology and the technology's been validated by third parties.

AG: We have been talking with Zap and Lotus and yes, Zap has, aspirations to use the Altair technology in their vehicle. And we're in discussion around the commercial terms of that agreement. Just a comment if I may, Sam. I'm not aware of anyone who has battery technology similar to Altairnano's NanoSafe battery performance.

ABG: Right. That's why I asked the question the way I did. Essentially your company are the only ones that would fit into the description of what Zap has given for what they expect their vehicle to do.

AG: Well, I'm sure that Steven is, Steven Schneider, the CEO of Zap, he's been quite interested in the Altairnano technology for some time. we've had extensive discussions with Steven and his team and I think he's quite excited about the Altair nanotechnology and what it can do for the Zap vehicle.

ABG: Well, it's definitely very exciting technology, and I'm looking forward to actually seeing it in, in real vehicles in the real world. speaking of which, are you also, working with any other car makers besides Phoenix and potentially Zap, at this point?

AG: Yes, we are. We have several programs, the one that we've talked the most about is our program with Alcoa where we're working on a joint program to provide hybrid electric battery packs that would be used in medium duty hybrid electric trucks.

US Canada Canadian Ontario

These are parcel delivery trucks and route trucks. We do have some other programs with other automotive OEMs and truck manufacturers, but we've not really disclose those yet, but we'll be saying something about that the second quarter of 2007.
================ AutoBlogGreen.com

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Blogger Philip said...

As an owner of some ALTI stock, I keep hoping the advanced areas ALTI is in will be reflected in the stock price. If some more auto OEMs and truck manufacturers become buyers of batteries there should be an upsurge in stock price. A very interesting stock and technological area.

4:18 PM  
Blogger TonyGuitar said...

Agreed. There should be a time of *discovery* by investors and then a ride uphill.

Another investor, Rick, and I had quite a debate a few posts down. On the bio-fuel discussion I think.

Should I borrow a Million and buy in too?

Sure does look promising. = TG

7:34 PM  

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