Heraclitus I had a good chat with my friend and he says the Japanese are clearly targeting the battery industry with Sony, Hitachi and Toshiba showing firm interest in the results. In addition, Toyota and Honda are interested in application for automotive aspects, but they are awaiting trial results. The biggest issues they are having at the moment is the bonding stabilizers across a range of materials, and of course scalability of production.
One of the biggest hurdles at the moment is that Japanese testing can take up to 18 months for data to be compiled and tests redone and data coming out of China is sporadic and at times not accurate.
However...I will reiterate again, the Japanese are keen to be front runners and as such the market will grow.
MRF Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held