Shawk.

ZENN was my top pick a year ago...

They own 4% or so of this new storage system company..This is the answer..

Capacitor based storage..

Zenn Motor partner granted U.S patent for
battery
Fri Dec 19, 2008 9:14pm GMT
OTTAWA, Dec 19 (Reuters) - Energy storage developer EEStor Inc, a key
partner of Canadian electric car maker Zenn Motor Co (ZNN.V: Quote,
Prole , Research ), has secured a U.S. patent for its battery, its chief
executive said on Friday.
Low-prole EEStor is working on an ultracapacitor battery that is smaller and
will charge faster that traditional batteries.
Zenn holds the worldwide exclusive rights for use of that battery in vehicles
under 14,00 kilograms (3,086 pounds), a market that Paradigm Capital
analyst Marvin Wol estimates at about 30 million vehicles annually.
"All patents are always important," Chief Executive Richard Weir told
Reuters, but declined further comment.
Zenn also declined to comment.
Wol said EEStor also has a European patent pending for its barium titanate
nano-capacitor battery.
"EEStor should now be nearing the point were it can release its ... data and
unveil its battery to the public," Wol wrote in a research note.
Toronto-based Zenn has paid EEStor $1.3 million of a $2.5 million
investment commitment, pending milestones, and has a 3.8 percent equity
stake in the Texas company.
Zenn currently sells a low-speed electric vehicle with a top speed of 40
kilometres per hour (25 mph) but has promised to launch a highway-capable
car by the end of 2009.
Powered by EEStor's energy storage system, the new car is expected to
have a top speed of 125 km/h (78 mph) and travel 400 km (250 miles) on
one charge.
Shares in Zenn gained 4 percent, or 10 Canadian cents, to close at C$2.50
on the TSX Venture Exchange on Friday. ($1=$1.22 Canadian) (Reporting by
Susan Taylor; Editing by Frank McGurty )
© Thomson Reuters 2008. All rights reserved. Users may download and print extracts of content