"Lithium Jolt: DBM Energy: This Breakthrough Will Soon Slash EV Prices Drastically. Electric Cars' roll out in a mass market fashion used to be at the mercy of Oil prices, government incentives and consumer devotion to pay the top buck for being Green. This situation can be changing right now by start up from Germany and its wonder Lithium battery.
News about DBM Energy and its technological break through in Lithium batteries technology made its way, finally, into the sale pitches of stock promoters. We do not endorse the company mentioned in that report in any way - you know what we like here on this blog already - but this article is an important indication that this technology news are filtering through.
DBM Energy is not in a hurry to tell its story to the English speaking world and was surrounded by a lot of rumors from the very beginning. We are still awaiting for more clear confirmation on cost and pricing for the battery, but it is already evident that this technology is nothing less than the potential game changer in the electric space.
Recently it was reported that auto industry heavy hitters have joined the DBM Energy board and we are awaiting the further developments with this company.Evuk.co.uk has reported that former execs from BMW and Daimler Benz have joined the board of DBM Energy and its founder "Mirko Hannemann has such confidence in his idea that he turned down an offer of over 600 million Euros from Samsung":"