Energy Conversion Devices Inc. raises funds for fuel cell storage.(Industry Report)

From: Electric and Hybrid Vehicles Today | Date: September 19, 2006 | Copyright information

Energy Conversion Devices Inc., which produces the batteries used for General Motor's all-electric EV1 and flexible thin-film solar panels and rechargeable batteries now used in gasoline-electric hybrid vehicles, is trying to raise $100 million for development of fuel cell storage systems.

The company has started the financing effort in earnest and ...

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