http://seekingalpha.com/article/2673615-electrovaya-working-with-wal-mart-can-lithium-ion-replace-hydrogen-fuel-cell-and-lead-acid-battery-for-mobility-in-the-warehousing-and-distribution-industries Electrovaya Working With Wal-Mart: Can Lithium-Ion Replace Hydrogen/Fuel Cell And Lead-Acid Battery For Mobility In The Warehousing And Distribution Industries? Nov. 12, 2014 | Bernard Fleet
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...) Summary The efficiency of a fuel cell is very low ( ~22%) compared to a lithium-ion battery (Electrovaya) which is ~ 92%. The fuel cell as “the future” of the auto industry never realized - lithium is the incumbent now and powers millions of electric vehicles from Tesla, Nissan and others. Electrovaya is the only manufacturer that does not use toxic chemicals in manufacturing its batteries, resulting in a lower cost, safer product; also contributes to preserving company shareholder value. Wal-Mart, the world’s most sophisticated distribution company, is now working with Electrovaya to develop lithium-ion battery power for its forklift trucks, enabling higher productivity, fast charging and three-shift operation. Electrovaya's lithium-ion batteries are less expensive than a fuel cell, replacing the need for hydrogen storage with the existing, well-established electric grid. Recently, Electrovaya announced that it is working with Wal-Mart and others in the distribution and warehousing field by supplying its lithium-ion batteries for forklift truck propulsion. This industry, which is driven towards productivity, until recently was controlled by lead-acid batteries to power its electric forklift trucks. The limitations of the lead-acid battery are legendary so that recently there was a move by Plug Power to replace lead-acid with their fuel cell. So, the key question is whether Electrovaya's lithium-ion battery offers a superior performance and can displace both fuel cells and lead-acid battery power? There are several reasons why Electrovaya's most recent V2.0 SuperPolymer is superior to both of these alternatives. 1. Efficiency Lead-acid battery problems of low efficiency, voltage drop, low cycle life and long charging time add to the environmental challenges of hydrogen, acid and lead in the environment. In the case of fuel cells, poor energy efficiency is a fact of life. The various steps in the well-to-wheel cycle, including electrolysis, transmission and conversion via the fuel cell causes energy losses so that typical round trip efficiencies barely exceed 20%. 2. The Production Process ... [*Register to read more] [© 2014 Seeking Alpha] For EVLN posts use: http://evdl.org/evln/ http://www.evdl.org/archive/index.html#nabble+template%2FNamlServlet.jtp%3Fmacro%3Dsearch_page%26node%3D413529%26query%3DEVLN%2Bbrucedp2%26days%3D0%26sort%3Ddate http://gas2.org/2014/11/05/students-build-plug-in-ev-1500/ $1.6k PVC pipe solar e-quadracycle Apotheosis http://inhabitat.com/high-schoolers-created-this-solar-powered-electric-vehicle-for-just-1500/ http://www.pressherald.com/2014/10/30/skiing-green/ 2 L2 EVSE @Mt. Abram skiing green $1M solar power project + EVLN: Classic Jeep CJ5 Converted To Electric> A New Exceptionalism {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-fc-efficiency-is-very-low-22-vs-li-ion-92-tp4672622.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)