Ultralife Batteries Receives $1.9 Million Battery Order
Ultralife Batteries Inc (ULBI) has received an order valued at approximately $1.9 million for its new BA-5390A battery with state-of-charge indicator from the U.S. Defense Department. Deliveries are expected to be completed this quarter. This is the second order against the company's Next Gen II, Phase IV five-year battery contract.
Lux Research Dissects Lithium-ion Battery Mythology
John Petersen We all know that you can't have a cost-effective electric car without a cost-effective battery. We also know that a small but vocal hodgepodge of ideologues, activists, politicians and dreamers wants everyone to believe that rapid and stunning advances in lithium-ion batteries will finally make the dream a reality after a century of one abject failure after another. I frequently caution readers that it won't be anywhere near as easy as the proponents claim. In a new report titled "Searching for Innovations to Cut Li-ion Battery Costs" Lux Research did a yeoman's...
EnerSys Invests in Lithium-Ion Battery Business
EnerSys (ENS) announced today that it has purchased a controlling interest in Modular Energy Devices, Inc. (ModEnergy), a development stage company. ModEnergy produces large format lithium-ion rechargeable batteries utilized in aerospace and defense applications as well as specialized standby power and commercial applications. ModEnergy, based in Westerly, Rhode Island, has developed a proprietary method for assembling lithium-ion cells into battery systems that are designed to be safer and more cost effective than competitive products currently available.
Turning Conventional Battery Tech into Unconventional Profits
by Debra Fiakas CFA Near the end of February 2014, Highpower International (HPJ: Nasdaq) announced its first order for large-format lithium ion batteries to use in electric vehicles. Its customer, Huizhou Yipeng Energy Technology will be integrating the batteries into buses destined for the sales outlets of China-based manufacturers. The boost in sales for Highpower is likely to be meaningful. Management estimates each bus will use as many as 288 of the company’s 20-ampere-hour battery. Guidance for annual sales from Huizhou Yipeng alone is in a range of $4 million to $5 million. In the most...
How Short-Term Supply Constraints Will Impact Booming HEV Markets
John Petersen For several weeks I've been writing about robust demand in Europe for a new class of HEVs that are usually referred to as "stop-start" or "micro hybrids." According to the EPA's website: "Stop/Start hybrids are not true hybrids since electricity from the battery is not used to propel the vehicle. However, the Stop/Start feature is an important, energy-saving building block used in hybrid vehicles. Stop/Start technology conserves energy by shutting off the gasoline engine when the vehicle is at rest, such as at a traffic light, and automatically re-starting it when the driver pushes...
EVs, Batteries and Tales From The Valley of Death
John Petersen Today is the fourth anniversary of my blog on investing in the energy storage and electric vehicle sectors. Over the last four years I've penned 275 Articles and 45 Instablogs on topics ranging from technical minutiae to broad macroeconomic trends. Since most of my work focuses on challenges and risks instead of lofty and optimistic goals, I'm often derided as a curmudgeon who doesn't understand the dream. Truth is I've been a guide in the Valley of Death for over thirty years and while I love panoramic scenery, I can't overlook the dangers of old mine...
Stop-Start Realities and EV Fantasies
John Petersen Last week Johnson Controls (JCI) released the results of a nationwide survey that found that 97 percent of Americans are ready for micro-hybrids with stop-start idle elimination, the most sensible automotive innovation in years. A micro-hybrid turns the engine off to save fuel and eliminate exhaust emissions when it's stopped in traffic and automatically restarts the engine when necessary. While the overwhelmingly positive consumer response didn't surprise me, JCI's short-term growth forecast for micro-hybrids did. I've been writing about the rapidly evolving micro-hybrid space since 2008 and during that time the market penetration forecasts have...
Alternative Energy Storage: Cheap is Outperforming Cool
John Petersen After devoting several months to articles on arcane technical and economic issues that normal investors should not have to endure, I declared a cease fire last week and advised readers that I was done with technology and planned to focus on more interesting topics like the future of the energy storage sector and making money from energy storage investments. I've spent enough time discussing trees. Now I want to evaluate the forest and show investors how to position their portfolios for the coming of cleantech, the sixth industrial revolution. I hope old friends and new...
Alternative Energy Storage: Enabling the Smart Grid
America’s electric power grid is subject to immense inefficiencies that arise from the interplay between centralized power generation, local power consumption and on demand utility service. To put things into a broad perspective, the nameplate capacity of U.S. generating facilities is about 1 million Megawatts (MW), so if all of our power plants ran 24/7 we would have a theoretical annual generating capacity of 8.7 billion Megawatt-hours (MWh). Since demand for electricity fluctuates on both a daily and seasonal basis, total electric power generation in 2007 was only 4.2 billion MWh, or less than 50% of nameplate...
What I Learned During Last Week’s Visit With ePower
John Petersen Last week I spent a couple days with ePower Engine Systems working my way through a variety of business and technical due diligence issues. As always happens with new clients, it was a full immersion course in how ePower’s technology works, what the documented performance of the current tractor is, and how that performance is expected to change as ePower: transitions from a four cylinder engine designed for stationary use to an EPA compliant six cylinder engine designed for the trucking industry; automates a new charge control system that will opportunistically charge the batteries in...
Altair Nanotechnologies Achieves Milestone in Development of Nano-Powered Batteries for Electric and Hybrid Electric...
Altair Nanomaterials (ALTI) announced it has completed a safety testing cycle for lithium ion battery products that represents a significant step forward in the effort to develop lithium ion batteries that are safe enough to be used in electric-powered automobiles. Although lithium ion batteries are the predominant power source for cell phones, laptop computers and many other small electronic devices, safety concerns related to the potential for explosion, typically caused by charging malfunctions or extremes of temperature, have so far proved to be a vexing obstacle to using lithium ion batteries to power electric and hybrid electric vehicles...
Battery-powered Locomotives – Compellingly Green Economics
John Petersen For the last two years I've been paying increasingly close attention to trailblazing work by Norfolk Southern (NSC) in the field of battery-powered locomotives. My interest was piqued in June of 2010 when Norfolk Southern hired Axion Power International (AXPW.OB) to develop a battery management system that would allow rail locomotives to run on battery power and recharge their batteries through regenerative braking. I believed the decision was positive news for Axion because nobody hires a battery manufacturer to design a BMS for somebody else's product. My enthusiasm was tempered, however, by knowing that an earlier...
Money Is Flowing Into Alt Energy Again, But We Are Not Out Of The...
Charles MorandIt seems as though the darkest clouds are finally dissipating over alt energy's financing horizon. Over the past few weeks, money has started flowing into the sector again, as evidenced by a number of recent deal announcements: On June 9, I reported on the upcoming IPO for Magma Energy Corp., a geothermal exploration company. The IPO's size will be upped from an initial C$50 MM to C$100 MM, a sign of increased market appetite SunPower Corp. raised $418 MM in early May through a share and debt offering, and recently announced it had reached a $100...
List of Battery Stocks
Battery stocks are publicly traded companies whose business involves the manufacture of batteries, battery components, or battery management systems used to store electricity through electrochemical means.
This list was last updated on 3/21/2022.
Advanced Battery Technologies Inc (ABAT)
Albermarle Corp (ALB)
Aspen Aerogels, Inc. (ASPN)
Axion Power International (AXPW)
BioSolar, Inc. (BSRC)
BYD Company, Ltd. (BYDDY)
China BAK Battery (CBAK)
Contemporary Amperex Technology Co., Limited (300750.SZ)
Eguana Technologies Inc. (EGT.V)
Electrovaya, Inc. (EFL.TO)
EnerSys (ENS)
Eos Energy Enterprises, Inc. (EOSE)
ESS Inc. (GWH)
Fluence Energy, Inc. (FLNC)
Flux Power Holdings, Inc (FLUX)
Global X Lithium ETF (LIT)
Highpower International (HPJ)
Invinity Energy Systems (IES.L, IVVGF)
Johnson Controls (JCI)
Li-Cycle Holdings Corp. (LICY)
Lithium Technology Corporation (LTHUQ)
Livent Corporation (LTHM)
mPhase Technologies (XDSL)
Microvast Holdings,...
USPS Study: EV Economics Depend On Smart-Grid Revenue
John Petersen On August 28th, the Office of the Inspector General of the U.S. Postal Service published the results of a feasibility study titled, "Electrification of Delivery Vehicles." While the feasibility study reaches a foregone conclusion and recommends the purchase of a 3,000 unit demonstration fleet, I was surprised by the high level of Federal subsidies the Inspector General thought necessary to bring EVs within Postal Service capital investment policies. I was even more surprised by the conclusion that the tipping point in the economic analysis was revenue from ancillary vehicle to grid, or V2G, services. The...
Are Advanced Battery Technologies’ Financial Statements Accurate?
Eiad Asbahi, CFA In this article, I’m going to analyze Advanced Battery Technologies, Inc. (ABAT) and provide evidence that the company is inflating its financial statements. This article summarizes key points that we have put together in a longer report available here (.pdf). An alternative copy for backup purposes is available here. A video summary of the findings, along with discussions with certain customers, are available at the following links: ABAT Analysis Video 1 of 2 ABAT Analysis Video 2 of 2 ABAT Customer Interview 1 ABAT Customer Interview 2 (Video 1 of 2)...
