Phoenix Motorcars and Altairnano batteries

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

Altairnano ramping up production:

Quote:

RENO, NV – January 9, 2007 – Altair Nanotechnologies Inc. (Nasdaq: ALTI) announced today it received a purchase order for its NanoSafe™ 35 KWh battery pack systems from California-based Phoenix Motorcars for $1,040,000 for battery pack systems scheduled for delivery in February and March 2007. In addition, the company announced it has entered into a multi-year purchase and supply agreement with Phoenix under which Phoenix has projected orders for 2007 between $16 and $42 Million for up to five hundred battery pack systems.

Linky

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

Interesting comment on the actual cost of the Altairnano batteries, I hope it's accurate.

Quote:

Don't attempt to figure out the cost of the batteries by any payment figures that are provided. Those have in the past included such things as payment for engineering services, prototyping and other odds and ends.
The source for battery cost info is Gotcher himself, and he has CLEARLY stated that the cost of mass produced NanoSafes will be comparable to li ion batteries, which generally means somewhere around $400 per kilowatt hour of capacity.

http://thefraserdomain.typepad.com/ener ... l#comments

That would put the 35KW pack at $14,000.00

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

Altairnano video in the news:

Quote:

ALTAIR'S NANOSAFE BATTERY AND PHOENIX MOTORCARS ON THE FOX TELEVISION NETWORK

Monday night, February 12, on the Fox Television Network, there was a short segment which showed the Phoenix Motorcars' SUV and SUT, as well as Altair's NanoSafeTM battery under the hood. You can view the segment on Altair's website (www.altairnano.com). Locate "Hot News" and click on the first item, "Hot Electrics: The Electric Bandwagon."

Also on the Fox Television Network, there will be a 30 minute specialty piece airing Thursday, February 15, at 10:30 p.m., titled "Auto Evolution" which will focus heavily on the Phoenix Motorcars' electric vehicles which utilize Altair's NanoSafe batteries.

If we can provide you with additional information regarding Altair Nanotechnologies (Nasdaq:ALTI), please feel welcome to contact McCloud Communications, investor relations counsel to Altairnano.

Best regards,

Marty Tullio
Managing Member
McCloud Communications
949.553.9748
marty@mccloudcommunications.com

Fox

gg3 · **Posted:** Wed Feb 14, 2007 8:02 pm

If they have Faux Newz onboard, that is impressive. Analogous to how WalMart has just jumped on the bandwagon for single-payer health care. After a while these things become convergent solutions and there is n longer an ideological excuse for opposing them.

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

UQM Technologies and Phoenix Motorcars to Collaborate on the Development of a Plug-In Hybrid Sport Utility Truck

Quote:

FREDERICK, COLORADO, APRIL 25, 2007... UQM TECHNOLOGIES, INC. (AMEX:UQM) announced today that it has completed an agreement with Phoenix Motorcars, Inc. to collaborate on the development of a plug-in hybrid model of a sport utility truck currently produced and sold by Phoenix as an all-electric vehicle.

http://www.electricdrive.org/index.php? ... 1461&idg=2

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

Phoenix orders more NanoSafe's from Altair:

Quote:

RENO, NV -- May 10, 2007 -- Altair Nanotechnologies Inc. (Nasdaq: ALTI), a leading provider of advanced nanomaterials technology used in energy, life sciences and industrial product applications, today announced it received a new order in the amount of $2,210,000 for its rapid�charge, high-power NanoSafeTM 35 KWh battery packs for use in sport utility trucks (SUTs) and sport utility vehicles (SUVs) manufactured by California-based Phoenix Motorcars, Inc.

The new product order brings Phoenix's total purchase commitment on Altairnano NanoSafe battery packs to $4,075,000. Altairnano has shipped more than $1,475,000 of its 35 KWh battery packs to Phoenix.

Still not enough info to figure out battery costs :cry:

B2i

The_Toecutter · **Joined:** Sat Jun 18, 2005 12:00 am **Posts:** 1829

If they last as long as AltairNano claims, even at $1,000/kWh, they should be viable for luxury vehicles that cost nothing to run.

A $50,000 pack that lasts over 1 million miles will eventually save money in the long term, assuming the chassis lasts long enough and barring an incident where the car is totalled. It wouldn't be for everyone, but it would be great for high performance cars.

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

I hope they can do a lot better than 50K a pack. That will target a very limited market and won't do much to promote the widespread use of EV's. I'm assuming they will do better than that since the Phoenix SUV/SUT they are being used in is certainly not a luxury vehicle. Initially they were targeting around 15K for a mass marketed pack I think.

The_Toecutter · **Joined:** Sat Jun 18, 2005 12:00 am **Posts:** 1829

$15k pack would be very reasonable. It would allow a $25k car.

xrotaryguy · **Posted:** Thu May 31, 2007 2:12 pm

It's interesting that Phoenix chose a non-US market Korean car to modify. I guess it's be pretty cheap to import.

If history in any precedent, the mile-high price tag of the batteries will come down as the technology becomes more common. Gasoline electric hybrids were supposed to be astronomically expensive to build, and now there are quite a few on the market. Toyota even claims to make a small profit on the Prius. Many claim that Toyota is taking liberties with how they compute the cost of the Prius, but still, it's not as expensive as people had feared 5 years ago.

xrotaryguy · **Posted:** Thu May 31, 2007 2:15 pm

The_Toecutter wrote:

$15k pack would be very reasonable. It would allow a $25k car.

I don't know if I agree with this. Making money on a car with a $15k gas tank isn't much of a recipe for profit. With only 10 grand to build the rest of the car, and still turn a profit, this company is cutting things awfully close.

tsakach · **Joined:** Wed Mar 09, 2005 1:00 am **Posts:** 327

Are they nuts, why did Phoenix Motorcars choose a SUV?
An efficient vehicle does not need an expensive 35 kwh battery pack. If it could do 200 watt-hours per mile, a 10 kwh pack would be sufficient to provide a range of 50 miles.

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

xrotaryguy wrote:

The_Toecutter wrote:

$15k pack would be very reasonable. It would allow a $25k car.

I don't know if I agree with this. Making money on a car with a $15k gas tank isn't much of a recipe for profit. With only 10 grand to build the rest of the car, and still turn a profit, this company is cutting things awfully close.

You can't really think of it that way. It's not a 15K gas tank, because you're not filling it with $3+ per gallon gas, you're filling it with much cheaper electricity.

tsakach · **Joined:** Wed Mar 09, 2005 1:00 am **Posts:** 327

Revi wrote:

Here's our little vehicle. It takes a while to charge, but it'll charge itself. Just park it in the sun. The cost will be a lot less than the Phoenix. Something like this might work in an energy limited world.

www.sunnev.com

Hey, would you guys like some help with your website?

http://www.sunnev.com/faqs.htm = 404 error
I like to read technical specifications, the more the better. And prices would be good to see on your website.

I added your website to the wikipedia entry for Neighborhood Electric Vehicle (NEV)

A NEV kit is a great concept. Would like to see more of this.

JRP3 · **Joined:** Mon Oct 23, 2006 12:00 am **Posts:** 425

tsakach wrote:

Are they nuts, why did Phoenix Motorcars choose a SUV?
An efficient vehicle does not need an expensive 35 kwh battery pack. If it could do 200 watt-hours per mile, a 10 kwh pack would be sufficient to provide a range of 50 miles.

They chose an SUV/SUT because they have a built in fleet market for those vehicles, and they have a battery pack that can give that vehicle a much more useful 130 mile range. Most people are not interested in a 50mile vehicle, which is why those types of vehicles aren't successful. Getting 130 miles in a SUV/SUT EV proves the strength of their technology.
Remember, used RAV4 EV SUV's are going for more than $50K and they have about a 120 mile range.

Phoenix Motorcars and Altairnano batteries

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