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Driving Green, Electric Vehicle Battery Manufacturer Stock in Overdrive
Battery Manufacturers Altair and Advanced Battery Technologies Battle for Market Share
October 4, 2007, InvestorIdeas.com, Delta, B.C.
Welcome to this week’s edition of Driving Green at InvestorIdeas.com
By Dawn Van Zant
In my last Podcast I talked about two companies providing batteries for the electric vehicle market – Altair Nano and Advanced Battery Technologies and posed the question does the market tell the story?
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At the time of my last Podcast, Advanced Battery Technologies, Inc. (OTCBB: ABAT) was trading around $4 as the company had announced its new partners in the electric vehicle market.
Today the stock is trading at $7.00 on strong volume.
Altair Nanotechnologies Inc. (NASDAQ: ALTI) with its Altairnano NanoSafe battery was trading around $3.00, and is currently trading at $3.36 today.
If investors had jumped in and bought shares of Advanced Battery Technologies, they would be as charged as the battery itself. Was I one of the smart investors to follow the money?... sorry to report I saw, I did not conquer!
Advanced Battery announced yesterday that its common shares had been approved for listing on the American Stock Exchange and the shares are expected to start trading on Tuesday, October 9, 2007 under the trading symbol GBT.
The Company previously announced that it has entered into an agreement with Wuxi Anjiu Bicycle Co., Ltd. of China, as well as Electric car company ZAP (OTC BB: ZAAP) opening a joint development office in Beijing to expand their research, manufacturing and marketing of advanced batteries for electric cars.
ZAP has been a leader in advanced transportation technologies since 1994 and recently announced a joint venture with China's largest luxury bus manufacturer.
To research our full list of Sustainable & Electric Transportation, Green Automotive Stocks – visit our stock directory at RenewableEnergyStocks.com.
http://www.renewableenergystocks.com/Companies/RenewableEnergy/stock_list.asp
I welcome ideas, suggestions and feedback as we travel together on the green highway.
dvanzant@investorideas.com.
Please read our full disclaimer at InvestorIdeas.com
http://www.investorideas.com/About/Disclaimer.asp and the driving green Podcast page http://www.renewableenergystocks.com/dg/default.asp
ZAP (OTCBB: ZAAP) is a featured showcase company for the Podcast and Invstorideas.com and pays Two thousand five hundred per month equivalent in shares for one year commencing Nov 2006, discounted as a courtesy to previous sponsorship of the InvestorIdeas Greentech contest.
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