We will see how this 'new technology' fares....don't personally think it will ever get off the ground in the manner they have been testing and making prototypes. As you see from their experience.
The company inherited its first manufacturing facilities from another MIT spinout that had filed for bankruptcy, which forced the company to find develop a way to make its new batteries with traditional manufacturing equipment, Hu said. The company hopes this will speed up scaling process of its new batteries ahead of launch, as no new manufacturing processes are required.
ORE Price at posting:
$4.19 Sentiment: Buy Disclosure: Held