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Old 01-13-2010, 12:57 AM   #9
Civicsman
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Join Date: Jul 2007
Location: Freedonia!
Posts: 1,703
5 yr Member
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You are confusing the selling price with cost.

I would like to think batteries from Valence Technologies are "gaining traction", but I read a lot about battery technology for electric/hybrid vehicles, and Valence is rarely mentioned. Valence cells are already made in China, I believe, not the USA. Curiously, there doesn't seem to be a reference to Segway on the Valence website. If it IS there, it's buried pretty good!

To put it in perspective, $5 million would pay for batteries for about 4,000 Segs, by my estimate. If this were a monthly order, it might be notable. If it is an annual order, it does not significantly change the manufacturing economy of scale for manufacture of Lithium Ion batteries.
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