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Sunday, 06/10/2018 8:26:05 PM

Sunday, June 10, 2018 8:26:05 PM

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What can this mean for the future of energy storage?

In energy storage, there is a tremendous demand for improved performance in a multi-billion-dollar market. When one combines EVs, distributed renewables, and personal electronics, it reaches the tens of billions. That demand for increased performance has resulted in billions being spent right now on innovation.

We believe CHS will catalyze new performance innovations in energy storage, and several of our customers think this as well. Our stated goal is to achieve approximately 200% improvement in performance, however, we expect these increases to be incremental, such as 30% improvements, then another 30% more, and so on. Cost will be determined by the markets, as there will be higher prices paid for larger performance initially (likely EV), and then filter into distributed renewables, and finally into commodity electronics. Of course, that changes if consumers are willing to pay $200 more for a smartphone that lasts several days on a single charge.

SEVERAL CUSTOMERS ARE WITH CORETEC IN BELIEVING THAT CHS WILL BE THE CATALIST FOR BETTER PERFORMANCE ...COMING SOON THATS HUGE !!!

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