Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
W have delivered all 12 repowered buses buses with all vehicles now in full operation in the city.This is impressive stuff and the more I hear, the better it gets
Has the first repowered bus entered service in Q 1 as planned?
We have a foot in the door here with a contract To repower 12 buses. 1000 batteries ordered would seem to indicate a firm intent by First Bus to convert a major part of their fleet. The potential for EQIP is huge. Not to mention our existing £13m order book.
Progress in the The Big Bus contract to repower10 of it buses has resulted in Big Bus doubling the order to 20 buses. What a recommendation for Equipmakes's technology!
With the distraction of the court case behind us. the market will now focus on the commercial prospects of the company. We are in the right industry, with the right products. The new CEO has taken over from the engineers who have run the company into the ground . in this new situation, there must surely be some upside to the current SP .
Equipmake has been awarded a contract to repower 10 open-top tour buses for use on London sightseeing services. It's great to see that the First repowered Big Bus Tours vehicle will enter service in Q1 2024. So a lot to look forward to in the near future..Within this order, Ankai buses will be converted from diesel to fully electric with Equipmake’s state-of-the-art Zero Emission Drivetrain technology.
Regarding Tesla's challenge, It cannot be that cpx's patents are the cause of any infringement since an invention must pass a rigorous test for originality for the patent to be granted. It is surely unlikely that the Patent Office would have failed to discover that cpx's invention had already been patented by Tesla, if that were the case. And it would seem equally unlikely that Maxwell would have failed to raise any Tesla patent as prior art. Just trying to make sense of this situatiion.
Just bought in here as solid state is a definite for the future and IKA already have a product that the market has snapped up. More important than this small beginning is the credibility that comes with it.
With their ever expanding army of patent lawyers, Tesla/Maxwell lave clearly decided that the technology protected by cpx's patents is a must have part of their future, If it comes to a negotiation, this puts cpx in a very strong position. Let's hope they don't screw it up this time.