- Joined
- Feb 1, 2015
- Messages
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Lately, I have been bombarded with an ad for a 12 million mile EV battery.
Supposedly, the battery will enable a Tesla to go 9,000 miles on a single charge and the battery can be charged in 8 minutes. I did a bit of research on the subject. A Tesla model S with a 100 kwh battery has a maximum range of 400 miles.. This amounts to an energy requirement of .25 kwh/mile. So to go 9,000 mile on a single charge would require a 2,250 kwh battery. Now, 8 minutes is .1333 hours so the rate at which the battery was being recharged would be 2,250/.1333 or 16,875 kw. Charging from a 240 source, this amounts to a charge rate of 70,313 amps. What?!! Somehow, I don't think that my wiring is up to the task.
Oh, and the guy claims that if we just invest on the ground floor in this technology, we can make up to a 20,300% profit on our investment. Now, checking the credentials of the salesman, he actually was/is a successful financial advisor and the company that makes the magic powder that makes this super battery possible does exist and has indeed raised millions. The technology he describes is real although with nowhere near the performance that he describes. More like a 6% improvement.
After reading through the hype to get to the bottom line, the guy is actually selling subscriptions to his monthly financial advisory newsletter. The guy works for a company called Banyan Hill Publishing. The investment performance that he describes is much lower, like more than 1,000 fold at best.
As is often said, caveat emptor.
Supposedly, the battery will enable a Tesla to go 9,000 miles on a single charge and the battery can be charged in 8 minutes. I did a bit of research on the subject. A Tesla model S with a 100 kwh battery has a maximum range of 400 miles.. This amounts to an energy requirement of .25 kwh/mile. So to go 9,000 mile on a single charge would require a 2,250 kwh battery. Now, 8 minutes is .1333 hours so the rate at which the battery was being recharged would be 2,250/.1333 or 16,875 kw. Charging from a 240 source, this amounts to a charge rate of 70,313 amps. What?!! Somehow, I don't think that my wiring is up to the task.
Oh, and the guy claims that if we just invest on the ground floor in this technology, we can make up to a 20,300% profit on our investment. Now, checking the credentials of the salesman, he actually was/is a successful financial advisor and the company that makes the magic powder that makes this super battery possible does exist and has indeed raised millions. The technology he describes is real although with nowhere near the performance that he describes. More like a 6% improvement.
After reading through the hype to get to the bottom line, the guy is actually selling subscriptions to his monthly financial advisory newsletter. The guy works for a company called Banyan Hill Publishing. The investment performance that he describes is much lower, like more than 1,000 fold at best.
As is often said, caveat emptor.
The Next Gen Coin
pro.banyanhill.com