Making an impact in battery field is much harder than most people think. I put money in ADO for its developments in biotech but I will think twice about anything battery related.
"One difficult thing about developing better batteries is that the technology is still poorly understood. Changing one part of a battery—say, by introducing a new electrode—can produce unforeseen problems, some of which can’t be detected without years of testing."
"Tesla didn’t attempt to radically change the chemistry or materials in lithium-ion batteries; rather, it made incremental engineering and manufacturing improvements. It also worked closely with Panasonic to tweak the chemistry of existing battery materials according to the precise needs of its cars."
ADO Price at posting:
9.2¢ Sentiment: None Disclosure: Held
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