Following this development, EEStor Inc. issued a two character statement:
End quote.
News, Reviews, Interviews and Overviews of all things related to EEStor Inc.
Andy Grove is talking about plug-in electric cars again, this time to the Wall Street Journal. The former chairman of Intel, who retired in 2005, is now urging his old company to consider diversifying into something that might put new meaning into the Zenn Motor Company mantra, "Intel Inside." I'm referring of course to the Grove recommendation that Intel begin producing batteries for plug-in electric vehicles. ARTICLE REQUIRES SUBSCRIPTION.
As if EEStor didn't already have enough competitors with ultra-deep, uber-bottomless pockets. Let's see, you've got the oil companies, the Asian electronics companies who own the lithium ion market, the capacitors industry, the internal combustion engine auto parts industry, and just about every industry that comes to mind. This is not a David and Goliath story. This is a David and Army of Goliath's story.
There's no time to lose, Dick, get your shades on and get out there and FIGHT MAN FIGHT!!!!
[TV ANNOUNCER VOICE ] In business news, a fight broke out today on the energy storage playground. Several industries chose to tangle with 70 yr old inventor, Dick Weir, founder and CEO of EEStor Inc. We have some dramatic footage just in.
This broadcast was brought to you by Lockheed Martin, makers of NEO Wearable Power for Hackers or Catholic Clergy. EEStor Inside.
Note: Dick Weir's makeup by Just for Men.
To discuss this and every other topic about EEStor, see: TheEEStory.com
Image Source: Gary Land.
Lately, I've been comparing the arrival of EEStor's first Zenn Motor EESU production unit to the arrival of Godot. This has greatly delighted some and troubled others depending on the depth and breadth of one's educational background. Admittedly, my use of this metaphor has been somewhat ambiguous because even I don't know how it is functioning when I use it. Remember what I said about educational background?
The numbers
33
Percentage of new car buyers in California who say they would buy an electric car for their next vehicle
678,108 gallons
Amount of crude oil the New York Power Authority estimates it saved by retrofitting school buses to electric power, providing incentives for electric cars and other initiatives aimed at boosting electric transportation
250,000
Number of electric vehicles expected on the roads in Europe, their biggest market, by 2015
40 km-h
Top speed of a Zenn neighbourhood car
14 km-h
Average speed on Manhattan streets
The editors of bariumtitanate.blogspot.com and TheEEStory.com, ie, me, myself and I (and TV!) have decided to recognize the obvious and bluntly say what we've all been thinking: the holiday season is upon us. But what does that actually mean for EEStor obsessed persons such as this writer and you there, the reader? For example, a key question is this: just how festive ought one to be this holiday season, meaning, how much of my personal time have I wasted this year following the EEStory? Will it pay off and add any cheer to my enjoyment of the holidays? Answers to questions such as these are key in helping you strike the appropriate tone in your celebrations if in fact there be any to have. After all, ground breaking innovations in energy storage do not come along every few years. Right?
Peppered of course with a dash of enthusiasm.
First, Watkins and team are very comfortable with the progress EEStor is making towards ramping up production in 2009. What's left to do is described by Watkins as having been done elsewhere before and well understood. Just a matter of execution. Secondly, Watkins is basing his marketing efforts on the un-hyped logic that flows from simple demonstrations of technology that he will allow his prospects to experience prior to signing a deal with LightEVs.
Do you have anything to show them now? "No."
Then how are you going about things prior to being able to do that?
Back in September, I got a series of emails from Rudyard Istvan of NanoCarbons LLC expressing a fair bit of frustration with the amount of attention this website provides to EEStor Inc., when in Istvan's opinion, it could be harnessed for more promising technologies. Yes, Rudyard Istvan is an EEStor skeptic and no, it's not the policy of this website to exclude the views of persons like Mr. Istvan from the overall discussion. I say this even in light of the fact that Mr. Istvan compared people like me to those of a cargo cult, a reference that made me break down and cry uncontrollably. Kidding. I've mentioned several times, the area of physics & material science that EEStor is operating in is not my area of expertise. I will back that up by saying further there may be no area where I have an area of expertise or better, if you know my area of expertise, please have it contact me.
Halfway through my hour long Sept 29, 2008 interview of Carl Watkins, President of LightEVs, a phone he's set up to screen calls rings in the background. I joke that it's Dick Weir calling to get Watkins to stop talking to me. Watkins finds that amusing and wonders aloud if some of what he's already shared with me is permissible under his NDA with EEStor. I tell him not to worry about that just to keep talking. His laughter now is interrupted by the voice message being recorded in the background. I can hear it because its coming across a speakerphone and because Watkins pauses to listen himself. It's John Stephens calling to let Carl know that he's just had a serious offer from someone who wants to invest in their company.
I say to him, "that was quick." Watkins says yes but he's not interested in outside investment. Their plan is to fund this to completion with their existing group. So, how much does an EEStor license for ebikes cost anyway? Watkins laughs at the forward question. He pauses and says, "I can't discuss that, " so I start to ask another question but he interrupts and says, "It was substantial. I will say that. It was a substantial amount but I'm not going to say how much it is." He did confirm that it consisted of at least 2 parts: an up front fee and a payment upon delivery of production line prototype, similar to Zenn Motor Company.
What made him comfortable signing with EEStor? Watkins reveals that it was a 4 year conversation initiated by Dick Weir:
"Basically, his philosophy is he wants to keep control of the company. So if he can raise money from people like me or Zenn, he doesn't have to sell equity. So his method and objective of financing the company was to approach various people to see if anyone was interested in a technology agreement which is essentially the ownership of the technology in a certain segment of the market. "