BATTERY PROGRAM

The Company’s Lead Cobalt Battery is fully developed and was used successfully in over 100 electric vehicles (cars, vans, ground-up chassis), starting in 1966. The Company produced 45 MARS II Electric Cars with this battery. The MARS II had a maximum range of 146 miles on a charge. The battery could be fast charged. This partially accounted for the victories of the winning vehicles in the only two cross-country races (3,400 miles) held in the U.S.A. (the 1968 Great Transcontinental Electric Car Race and the 1970 Clean Air Car Race) which were equipped with Lead Cobalt Batteries.

Improvements have been made in the battery throughout the years and the latest improvements are the subject of a U.S.A. patent application which is now pending. The new battery will be much lighter (with Lead-Foam Grids), more powerful and would take the MARS II much farther than 146 miles on a charge. The most expensive component in a Lead Cobalt Battery is lead which one-tenth the cost of nickel. The selling price of a Lead Cobalt Battery will be approximately US$75 per kWh versus US$400 per kWh for Nickel-Metal-Hydride batteries.

Prototypes of the Fifth Generation Lead Cobalt Battery will be made in early 2008 in Pompano Beach, Florida according to Company plans. The battery will be combined with the Company’s Apollo™ Fuel Cell for use in electric vehicles and for on-site power generation in homes, farms, commercial and industrial establishments.

Among the Company’s first customers will be fleet owners which presently operate fleets of low-performance electric vehicles equipped with lead-acid, nickel-cadmium or nickel-metal-hydride batteries which offer low vehicle range and long recharging times. The Company will offer to replace these batteries with the new Lead Cobalt Battery – Apollo™  Fuel Cell Combination which will result in full performance, equivalent to that of gasoline or diesel powered vehicles, but with zero pollution. In addition to fleet owners (including electric utility companies), the Company will offer its new battery and fuel cell to original equipment manufacturers of electric vehicles such as Neighborhood Electric Cars, Personnel Carriers, Golf Carts and Electric Fork Lift Trucks.

At the Company's laboratory in Pompano Beach, Florida, work is being carried out on an advanced Lead Cobalt Battery and tests are being made on an Apollo™ Fuel Cell. The [Lead-Cobalt Battery] has seen many improvements over the years, with more developments to come.

APOLLO FUEL CELL & BATTERY LABORATORY
FORT LAUDERDALE, FLORIDA

APOLLO FUEL CELL CHARGING 12-VOLT BATTERY

Left:   Prof. Dr. Karl Kordesch with Robert Aronsson