Monday, May 11, 2009

Burying your Head in the Sand

http://www1.eere.energy.gov/vehiclesandfuels/pdfs/program/2008_energy_storage.pdf

About time someone notice that Li-ion batteries have several problems before mainstream application as batteries for EVs.

Not very sure why so many analyst are recommending stocks whose revenue comes from the sale of Li-ion Batteries to rise in price, the economies just doesn't make sense. Then again, whether EVs will be successful or not also relies on the car manufacturer's ability to have a economical car body that is well-suited for housing batteries.

I've always based my expectations on car batteries on the technologies' energy density/$ and efficiency, which I believe is the two most important elements, especially if you use a Life Cycle Cost Comparison Analysis.

I really dislike it when analyst write investment reports like journalist, they try to pick an "attractive" angle of a story eg :" Li-Ions are all the rage!!!" and just proceed recommend a stock.

The worst thing is that when the better alternative is not publicly listed, these analyst just ignore it and go for the "best available publicly listed" stock. Thats just so studpid. It's equivlent to burying your head in the sand.

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