Intelligent Energy Holdings plc Note from Bloomberg
IN THE WAKE of the VW EMISSIONS scandal, the market is starting to summise that the potential benefactors of this shift in consumer patterns could accelerate the adoption of ELECTRIC CARS and petrol hybrid cars.
A NEAT way to play this potential upswing in demand for the former is via LOUGHBOROUGH based, leading HYDROGEN FUEL CELL INNOVATOR & MANUFACTURER INTELLIGENT ENERGY.
WE HAD A GOOD CATCH UP RECENTLY WITH THE COMPANY, as they were in LONDON attending a number of broker conferences ===> HERE THE CEO HENRI WINAND presented some interesting arguments as to how all this BENEFITS IEH:
# IEH is a natural hedge to Tesla (the BEV vs FCEV argument - who wins, etc). IEH is now also a natural hedge to the car OEMs (what is the technology to clean vehicles that a few of the biggest tech savvy mass market OEMs have already bet on (OEMs which called the electrification of cars correctly over the last 20 years): FUEL CELLS !!!
==> Who has the right licensing business model, who has class leading fuel cell tech, who already serves the mass market OEMs today…. IEH!!!
# ON VW =====> About 100 years ago, diesels came about because they are more efficient than gasoline/petrol engines. But diesel have a more visible pollution called particulate emissions which you can see and taste in cities. So, it is really the internal combustion engine (diesel because you can see and taste it, and gasoline/petrol because it emits more CO2 as it is less efficient than diesel) that is in question here, not just the diesel engine.
===> The fact is that making internal combustion engines cleaner is expensive, and it has just become a lot more expensive and much sooner than most thought.
IEH HAS THE OF THE SHELF SOLUTION
# IEH has the right business model to help OEMs by accessing IE's best in class low emission tech (nearly 1,000 patents granted, nearly 1,000 patents pending, class leading fuel cell tech) at the right cost to help them transition credibly to zero tailpipe mobility: it is a lot cheaper to have a technology option by licensing from IEH than pay the total circa $2bn total cost and 15-20 years to do it yourself.
PRODUCT SOLUTIONS EXIT NOW AT IEH !
# Their ZERE (Zero Emission Range Extended fuel cell electric vehicles) were announced two weeks ago. These are a reference design to help replace diesel engines in cities where there is no other option: fleet delivery vans. They all use diesel engines. What are logistics companies going to do when diesels are banned or very expensive to run in cities?
====> IEH !!! as they help OEMs to use their electric platforms by range extending them with fuel cells. They can sell more electric vans and we enable the vans so the maths work for the logistics companies with a rapid refuelling, zero emission range fuel cell range extender.
TO CONCLUDE:
In both instances, we are here to help OEMs to achieve their really tight emission objectives faster and more cost effectively……and we are already doing this as we serve nearly 25% of the largest global OEMs (those who make more than 1,000,000 cars each per year).
In summary, the transition to "more electric" drive trains has suddenly been made a lot faster with real sharp financial and measurable $ value. A shock similar to banks in 2008 to accelerate change.
CERTAINLY A NEAT UNDERVALUED WAY TO PLAY THE ELECTRIC CAR SPACE ! COOL UK TECH !
About Intelligent Energy
Intelligent Energy Holdings plc is an energy technology group which develops efficient and clean hydrogen fuel cell power systems for the global automotive, consumer electronics, distributed power and generation markets - from powering zero-emission vehicles to compact energy packs for mobile devices and stationary power units for the always-on infrastructure.
Working with international companies, Intelligent Energy aims to embed its technology in mass market applications to solve the challenges of continuous power and productivity, by creating everyday energy solutions to power people's lives. The Group's intellectual property and expertise is based around proprietary fuel cell technologies, which are the product of over 25 years of research and development. Its patent portfolio includes more than 900 patents granted (and over 1000 patents pending) across more than 400 patent families. The Group also maintains a significant body of confidential know-how and trade secrets.
With its principal facility and headquarters in Loughborough, UK, the company also has operations in India, Japan and Singapore, a commercial office in Silicon Valley, USA and development facilities co-located at the French Alternative Energies and Atomic Energy Commission in Grenoble and at NASA in Florida, USA. Intelligent Energy Holdings plc is listed on the London Stock Exchange and has an ADR program in the USA (LSE: IEH; ADR: INGYY).
More information on Intelligent Energy is available at WordPress, Twitter, YouTube and LinkedIn. Or visit www.intelligent-energy.com.
Intelligent Energy Holdings plc
Charnwood Building, Ashby Road, Loughborough, LE11 3GB, UK Investor Relations office: Level 10, 88 Wood street, London, EC2V 7RS, UK
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