Thursday, December 30, 2010

Zentric, Inc. (ZNTR.OB) Moves Forward with Revolutionary Battery

Zentric Inc. is committed to using advanced technology to help save the environment. Their primary goal is to provide a superior battery for electrical and hybrid vehicles, through the development and acquisition of proprietary technology. To this end the company has brought together a team of renowned experts from industry and the scientific research community; people preeminent in the automotive and battery technology fields.

The company is quickly becoming a leader in advanced battery technology development, manufacturing, and fuel cell storage technologies, and has already made a major advance in battery technology. By using a proprietary combination of metal hydride and lead acid materials, they are developing a battery with much higher voltages than traditional lead acid batteries, while costing far less than lithium-ion batteries.

The new approach is especially timely considering the accelerating interest in electric vehicles. When it comes to electricity, the major challenge of car makers has always been the low power/cost ratio. Vehicles with enough stored energy to interest the market tend to be too expensive for the market. Vehicles that are affordable tend to be too limited in stored energy. A battery offering the best of both worlds represents a significant milestone.

Zentric recently signed a joint venture agreement to build and operate a battery production facility in Jilin Province, China. China’s demand for batteries is expected to grow by over 8% annually, and the market for high-capacity batteries is projected to increase even faster, perhaps 30% by 2015. Zentric, with its proprietary technologies, high profile management and research team, and well-planned growth profile, considers itself perfectly positioned to capture a major share of this rapidly expanding market.

For more information on Zentric, and their new battery technology, visit www.ZBatt.com

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