Congratulating Axion and Exide
Yesterday Axion Power International (AXWP.OB) announced the signing of a memorandum of understanding with Exide Technologies (XIDE) following fourteen months of negotiation and technical investigation. This alliance could prove to be a sea-change event for the domestic battery industry. Copies of the press release and an archived version of the subsequent investor conference call are available on Axion's website. As a former chairman of Axion's board of directors and a very substantial Axion stockholder, I've been waiting for an agreement like this for a very long time. I'm delighted to see confirmation from Exide that my faith in...
Take A Bromide For Flow Battery Frustration
by Debra Fiakas CFA The most recent article Vanadium Flow Battery Stocks: Barely A Dribble may have disappointed some investors who were expecting more opportunity for a stake in building energy storage. Large scale energy storage is an idea to which many in the utility industry speak, but few power producers have made significant investments beyond lithium ion batteries. Flow batteries have long been touted as a cost-effective and technically superior alternative for wind or solar power storage or for load-balancing efforts on the electric grid, as examples. In the last post we looked at the flow battery...
Will A123’s Batteries Make the Great Leap from Design Bench to Store Shelf?
by Debra Fiakas CFA In my last post Paper Power I outlined the attempt to develop a battery using carbon nanotubes and paper. The materials seemed a bit unbelievable and it sent me into the history books to look at the battery. In the mid-1700s Ben Franklin may have been the one who first coined the term battery to describe the capacitors had strung together for his experiments. We all know about the scientist, turned politician. What is less well known is that the ancients may have also attempted a battery-like instrument now called the “Baghdad Battery.” ...
Exide’s Recent Price Collapse Was Unjustified
John Petersen After the market closed on Monday, Exide Technologies (XIDE) released surprisingly poor second quarter results, a $3.6 million loss that included a $5.7 million charge for several years of reporting irregularities at a small Portuguese recycling subsidiary. The market's reaction was absolutely savage as the stock collapsed from Monday's close of $4.48 to Friday's close of $3.01. In my view, the reaction was unjustified and has set up a tremendous buying opportunity for investors who are willing to look beyond the headlines and focus on core business fundamentals. To put things in perspective, Exide's...
Electrovaya’s Battery Bargain
by Debra Fiakas CFA Last week management of Electrovaya Inc. (EFL: TSX; EFLVF: OTC/QB) were forced to issue a statement stating there were no fundamental developments to explain a dramatic decline in its share price. The stock was trimmed back by 30% in two days under exceptional trading volume. Electrovaya has developed proprietary lithium ion polymer batteries for grid storage and transportation applications. Other than financial results for the quarter ending March 2017, the Company has had little to tell investors about the batteries, its customers or any other topic. Electrovaya distinguishes its lithium ion batteries among...
List of Battery Stocks
Battery stocks are publicly traded companies whose business involves the manufacture of batteries, battery components, or battery management systems used to store electricity through electrochemical means.
This list was last updated on 3/21/2022.
Advanced Battery Technologies Inc (ABAT)
Albermarle Corp (ALB)
Aspen Aerogels, Inc. (ASPN)
Axion Power International (AXPW)
BioSolar, Inc. (BSRC)
BYD Company, Ltd. (BYDDY)
China BAK Battery (CBAK)
Contemporary Amperex Technology Co., Limited (300750.SZ)
Eguana Technologies Inc. (EGT.V)
Electrovaya, Inc. (EFL.TO)
EnerSys (ENS)
Eos Energy Enterprises, Inc. (EOSE)
ESS Inc. (GWH)
Fluence Energy, Inc. (FLNC)
Flux Power Holdings, Inc (FLUX)
Global X Lithium ETF (LIT)
Highpower International (HPJ)
Invinity Energy Systems (IES.L, IVVGF)
Johnson Controls (JCI)
Li-Cycle Holdings Corp. (LICY)
Lithium Technology Corporation (LTHUQ)
Livent Corporation (LTHM)
mPhase Technologies (XDSL)
Microvast Holdings,...
An Elephant Hunter’s Thesis for Axion Power
John Petersen Last Friday I breathed a sigh of relief as my core position in Axion Power International (AXPW.OB) regained the price level it established in the first quarter of 2010. The last 12 months have been a stockholder's worst nightmare as supply and demand dynamics pushed Axion's stock price down into the $0.50 range and kept it there. Since it looks like new buyers have finally eaten their way through the excess supply, now seems like an opportune time to unwrap my crystal ball and lay out an elephant hunter's thesis for Axion's stock price outlook over...
Ultralife Batteries Receives $2.7 Million BA-5390A Battery Order
Ultralife Batteries Inc (ULBI) has received an order valued at approximately $2.7 million for its new BA-5390A battery with state-of-charge indicator from the U.S. Defense Department. Deliveries are expected to begin this quarter and be completed in the second quarter. This is the first order against the company's Next Gen II, Phase IV five-year battery contract and is unrelated to the company's recently announced order for its standard BA-5390 battery.
ePower’s Series Hybrid Electric Drive – Unmatched Fuel Economy for Heavy Trucks
John Petersen Over the last couple weeks there’s been a lot of message board chatter about ePower Engine Systems, a transportation technology company that has selected the PbC® battery from Axion Power International (AXPW) for its series hybrid electric drivetrain for over-the-road freight haulers who drive heavy Class 8 tractors. Since I introduced ePower to Axion and have tracked their progress for a couple years, I called ePower’s CEO Andy Claypole to ask his permission to share what I’ve learned about ePower’s hybrid electric drivetrain. After a series of phone calls and e-mails, Andy graciously...
EESAT And Energy Storage Opportunities On The Smart Grid
John Petersen Last week I appeared as a luncheon speaker at EESAT 2009, a biennial international technical conference sponsored by the DOE, Sandia National Laboratories and the Electricity Storage Association that focuses on storage technologies for utility applications. The conference included dozens of high-level technical presentations from storage technology developers and was far and away the best-organized event I've ever attended. The only notable absence was a large contingent of buyers, which left some participants wondering whether they were preaching to the choir. Nevertheless, I was encouraged by rapid growth in the number and size of utility-scale demonstration...
Exide Technologies: Anatomy of a Mistake
Tom Konrad CFA On June 1st, in the lead up to Exide Technologies’ (NASD:XIDE) first quarter earnings announcement, I made one of my better calls so far this year. I wrote that the Exide stock was in the “bargain basement” and “ready to pop.” That day, XIDE traded in a range of $2.25 to $2.36, within spitting distance of its 52 week low of $2.22. Four months later, the stock is up 45% at $3.25, despite two earnings misses in the meantime. My Mistake Unfortunately, I missed out on a good chunk of that gain. A week...
EnerSys Invests in Lithium-Ion Battery Business
EnerSys (ENS) announced today that it has purchased a controlling interest in Modular Energy Devices, Inc. (ModEnergy), a development stage company. ModEnergy produces large format lithium-ion rechargeable batteries utilized in aerospace and defense applications as well as specialized standby power and commercial applications. ModEnergy, based in Westerly, Rhode Island, has developed a proprietary method for assembling lithium-ion cells into battery systems that are designed to be safer and more cost effective than competitive products currently available.
Two Stocks For Grid Storage – ZBB Energy and Axion Power
John Petersen On March 4, 2011 the Pacific Northwest National Laboratory published a comprehensive review of "Electrochemical Energy Storage Technologies for Green Grid" that is a must-read for serious investors who want to understand the technical and economic intricacies of the energy storage sector. It explains why storage is a key enabling technology for wind and solar power, the smart grid, efficient transportation and a legion of high-technology manufacturing and service enterprises that can't survive without reliable power. It also explains why energy storage is an investment mega-trend that will endure for decades. While I normally try to...
Lithium-ion Batteries and 8-Track Tapes
John Petersen In three years of writing about investing in energy storage, I’ve learned that most public relations nightmares encountered by battery companies are self-inflicted wounds. They do an appalling job of managing the expectations of investors and potential customers. Then, when the inevitable delays, disappointments and cost overruns arise, everybody suffers. It may not be their fault, but it is most certainly their problem. Most of my long term readers have seen this timeless and blistering 1883 Thomas Edison quote: “The storage battery is one of those peculiar things which appeals to the imagination, and...
Altair Nanotechnologies Achieves Milestone in Development of Nano-Powered Batteries for Electric and Hybrid Electric...
Altair Nanomaterials (ALTI) announced it has completed a safety testing cycle for lithium ion battery products that represents a significant step forward in the effort to develop lithium ion batteries that are safe enough to be used in electric-powered automobiles. Although lithium ion batteries are the predominant power source for cell phones, laptop computers and many other small electronic devices, safety concerns related to the potential for explosion, typically caused by charging malfunctions or extremes of temperature, have so far proved to be a vexing obstacle to using lithium ion batteries to power electric and hybrid electric vehicles...
Tesla’s Gigafactory: Guessing Games
James Montgomery Tesla Motors (NASD:TSLA) made a splash last week with its proposed $5 billion "Gigafactory" and its eye-popping numbers: a 10 million square foot facility on an entire land area of 500-1,000 acres, with output of 35 GWh/year of battery cells and 50 GWh/year of battery packs by 2020. That'll be enough to support 500,000 of the company's forthcoming Gen-3 vehicles, compared with a little over 20,000 annual demand for its cars today. By comparison, the entire lithium-ion battery supply-chain produced about 34 GWh in 2013, the vast amount going not to electric vehicles but consumer electronics....
