Is there a financing round in the offing? Not much we didn't know before but worth a bookmark.
From MIT's Technology Review:
A Texas startup says that it has taken a big step toward high-volume production of an ultracapacitor-based energy-storage system that, if claims hold true, would far outperform the best lithium-ion batteries on the market....
...EEStor claims that its system, called an electrical energy storage unit (EESU), will have more than three times the energy density of the top lithium-ion batteries today. The company also says that the solid-state device will be safer and longer lasting, and will have the ability to recharge in less than five minutes. Toronto-based ZENN Motor, an EEStor investor and customer, says that it's developing an EESU-powered car with a top speed of 80 miles per hour and a 250-mile range. It hopes to launch the vehicle, which the company says will be inexpensive, in the fall of 2009.
But skepticism in the research community is high. At the EESU's core is a ceramic material consisting of a barium titanate powder that is coated with aluminum oxide and a type of glass material. At a materials-research conference earlier this year in San Francisco, it was asked whether such an energy-storage device was possible. "The response was not very positive," said one engineering professor who attended the conference....MORE