More delusions of grandeur"Sankar DasGupta, CEO of Electrovaya added, "We are excited to partner on a very important and strategic challenge: a cleaner electric grid. This is made possible by using advanced batteries to enable more efficient transmission and usage of renewable energy. This project will demonstrate the capabilities, versatility and economics of utility-scale electricity storage using advanced Lithium Ion SuperPolymer(R) battery technology similar to what we have developed for electric vehicle applications." He continued, "This emerging market holds tremendous opportunity for Electrovaya. According to industry experts, spending on the global energy storage market is expected to exceed $600 billion over the next 10-12 years." "
Once again no information of how much this is going to bring in to EFL. Who the f... Now he talks about $600 billion being spent on energy storage. It just makes EFL look even more pathetic in that they can't seem to get a measly 1% (That would amount to what? A mere 6 Billion Dollars LOL!) of that HUGE market. Leading my rear end it is!
What about the EV? So this is the new DIRECTION? EFL has more directions than an out of control GPS unit made by KAKA.
What about the tablet, lawnmower, mini car, maya zipo, smoking tablet, cell puff phone, space vehicles, life packs, yellow submarines etc. etc. You think you can MAKE SOME MONEY !!? Nah, revenues that still compete with the local corner store.