Sunday, March 30, 2008

Is it Real Or Is It A Hoax?

During its Annual and Special Meeting of Shareholders, ZENN Motor Company Inc. (ZMC) said that it is targeting the launch of the cityZENN EV, powered by EEStor, for the fall of 2009. The cityZENN is planned to be a fully certified, highway capable vehicle with a top speed of 125 kph (80 mph) and a range or 400 kilometers (250 miles). The cityZENN is supposed to be rechargeable in less than 5 minutes.

EEStor is the developer of what it says is a new high-power-density ceramic ultracapacitor (the Energy Storage Unit—EESU). The EEStor ESU is projected to offer up to 10x the energy density (volumetric and gravimetric) of lead-acid batteries at the same cost. In addition, the ESU is projected to store up to 1.5 to 2.5 times the energy of Li-Ion batteries at 12 to 25% of the cost. (Earlier post.)

EEStor has publicly committed to commercialization in 2008 and their first production line will be used to supply ZENN Motor Company.

—Ian Clifford, Chief Executive Officer
Lockheed seems interested so there's at least some chance that EEstor isn't a hoax. If it's real, it's a game changer.
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