Axion Power webpage describes its proprietary PbC(R) electrodes

Axion Power and Norfolk Southern pointing the way with advanced carbon electrodes

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Axion Power International Inc (OTC Bulletin Board: AXPW), the developer of advanced lead-carbon PbC® batteries and energy storage systems, today announced that it has received an order from Norfolk Southern Corp (NYSE: NSC) for PbC batteries for use in a battery-powered locomotive.

Who knew that lead-carbon batteries would make such a fuss? Furthermore, who knew that it would be the rail industry that would lead the way for automotive and transportation in this arena of advanced carbon electrodes?

The use of lead-carbon known as PbC®, according to the Axion Power news release, is proving that nano-technology can produce lead-carbon electrodes with greater acces to its energy density; and, in concert with old-fashioned lead-acid in a battery, should be taken seriously.

Fact is, a PbC battery is far cheaper than lithium-ion; and this first order to Norfolk Southern (NYSE: NSC) is setting a precedent as to its viability and affordability.

For the record, Norfolk Southern stock made a pop to the upside today. Earnings per share of $1.23 noted yesterday beat analyst estimates by 11 cents. And this new technology will surely contribute again and again toward its bottom line.

Axion Power said this first $400,000 purchase order is part of a $475,000 total purchase order, that will be used in the commissioning of Norfolk Southern's NS-999. The total purchase order will be shipped and deployed in the next 90 – 120 days. To date, this is the largest single PbC battery order that Axion has received.

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Comments

This battery, which is patent protected by Axion, has some amazing characteristics. It last 5 times longer than any other lead acid battery, including ,AGM types. It simply does not have the dynamic charge acceptance issues of other lead acid batteries. Now they discover that if you string them together ( like for a locomotive engine or their PowerCube) the batteries self equalize the power without an expensive battery management system. Terrific product with a Huge future.

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