$SLAT Could RISE to the Occasion in Upcoming SEMA Show
October 15th, 2009 at 6:00 am Posted by The Dean
The Dean sees powerful profit potential in $SLAT because they are working closely with EV Innovations, Inc. (OTC: EVII) to develop a lithium-ion battery for $EVII’s electric cars.
So what’s so great about that? $EVII recently announced a substantial increase in drive range for their LiV WISE electric vehicle and what’s even better is that $EVII will display their LiV WAVE all-electric vehicle at the Specialty Equipment Market Association convention, otherwise known as SEMA, in Las Vegas on November 3-6, 2009.
The Dean believes $EVII will receive deserved attention for their WAVE vehicle that runs 100% on lithium-ion batteries. $EVII’s vehicles also utilize a charging technology that $SLAT is also in the process of perfecting.
The release on $EVII’s breakthrough directly references their combined efforts with $SLAT to achieve an increase in mileage from 120 miles to 211 miles on a single charge—that’s a 76% jolt.
The Dean believes those numbers and this innovative technology could turn the heads of the decision markers who could be ultimately become the cogs in the automotive industry of the near future—that’s HUGE!
Even bigger is that powerhouses like BMW and Google (NYSE:GOOG) are willing to invest billions into getting an electric car into production and onto roadways.
The Dean has done his homework and found that others are optimistic about the explosion of the electric car industry. Bain & Co. suggests that the price of an electric car could be as low as $20,000 in the next 10 years and Renault (RENA.PA) produces four electric cars but doesn’t anticipate full production till 2012 but the company estimates that electric cars will make up 10% of the world market by 2020.
The Dean believes that Google’s (NYSE:GOOG) efforts in developing software for electric cars could open a series of doors for would-be pioneers like $EVII powered by $SLAT’s lithium-ion batteries.
The government has already put $3 billion into cash for clunkers and at least $7 billion more could be coming to BOOST fuel cell vehicles and batteries like those in $SLAT’s garage.
The Dean knows that the world is changing and the future NEEDS to be green. Let’s see where $SLAT fits in.
