Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > News > Lithium Ion Charges up China BAK Battery

July 1st, 2008

Lithium Ion Charges up China BAK Battery

Abstract:
"CBAK's basic business is already strong. The world loves its electronic doodads and that trend is only going to get bigger. However, the electric hybrid vehicle market is a new one for CBAK and one that could shoot its profits to the moon.

"I knew before I arrived that CBAK was already working with General Motors on its A123 Systems batteries, a new generation lithium ion battery based on nanotechnology that can produce cars which get 150 MPG.

"But what I didn't know was that CBAK was also in talks with Japanese automakers. Between Chinese, American and Japanese automakers, CBAK should soon be making a mint from hybrid batteries on top of its bread-and-butter consumer electronics business.

"The Wall Street crowd expects CBAK to make 29 cent a share of profits in 2008 , which means CBAK is trading for roughly 17 times this year's earnings. CBAK does, however, have 69 cents per share of cold, hard cash sitting in the bank. If you back out that cash, CBAK is really only selling for 14 times earnings a bargain in my book."

Source:
istockanalyst.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Chains of nanogold forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Nanotech Grants Options September 22nd, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Chains of nanogold forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Speedy bacteria detector could help prevent foodborne illnesses September 21st, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Automotive/Transportation

Carbon-coated iron catalyst structure could lead to more-active fuel cells September 15th, 2016

GLOBALFOUNDRIES Launches Embedded MRAM on 22FDX Platform: High-performance embedded non-volatile memory solution is ideally suited for emerging applications in advanced IoT and automotive September 15th, 2016

GLOBALFOUNDRIES Extends FDX Roadmap with 12nm FD-SOI Technology: 12FDXTM delivers full-node scaling, ultra-low power, and software-controlled performance on demand September 8th, 2016

Imperial College use Kleindiek micromanipulators in their research into electrochemical energy devices September 6th, 2016

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Semiconducting inorganic double helix: New flexible semiconductor for electronics, solar technology and photo catalysis September 15th, 2016

Researchers design solids that control heat with spinning superatoms: Carnegie Mellon University and Columbia University collaborators discover the cause of vastly different thermal conductivities in superatomic structural analogues September 8th, 2016

Fish 'biowaste' converted to piezoelectric energy harvesters: Jadavpur University researchers in India devised a way to recycle fish byproducts into an energy harvester for self-powered electronics September 8th, 2016

Imperial College use Kleindiek micromanipulators in their research into electrochemical energy devices September 6th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic