UTR 0.00% 0.2¢ ultracharge limited

Check out Store Dot; it beats us or is the exact same on points:...

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  1. 431 Posts.
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    Check out Store Dot; it beats us or is the exact same on points: 1, 3 4, 5 and 6, you raise above.

    1) It's faster at charging smart phones and EVs (only takes 5 minutes to fully charge), whereas, it takes us 10 - 15 minutes and that doesn't even fully charge the battery.
    3) Straight from their website: "As the manufacturing process uses traditional capital equipment, with mostly standard processing, the EV FlashBattery can be easily implemented into existing infrastructure and is cost aligned with Li-ion industry’s cost reduction curve over the coming years, and will benefit the expected economies of scale of the industry as a whole."
    4) The simplicity of our tech is not an advantage; it's the cost associated with producing the tech that is the advantage. In other words, if you have tech A which uses simple innovation and tech B which uses complex innovation, but tech B is cheaper to produce, then tech B wins out - irrespective of the fact that its more complex to build. In our case, Store Dot's FlashBattery technology is patented and cheap to produce and implement (see point 3), so it presents a real threat to us.
    5) Straight from their website: "The EV FlashBattery™ enables full charge in 5 minutes, providing up to 300 miles (480 km) of driving distance, depending on the model of your EV."
    6) Straight from their website: "EV FlashBattery architecture is built with a highly stable electrode structure, and contains materials that are far less flammable and more stable at high temperatures than traditional Li-ion technology. Consumer safe, EV FlashBattery incorporates a multi-layer safety-protection structure. In addition, FlashBattery is environmentally safer than a Li-ion battery, utilising organic compounds and a friendlier aquatic based manufacturing process."

    As I have said, this is a highly competitive sector, and whilst there is plenty of room to grow, it currently looks like we're losing the race.
 
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