At CEI, we improve battery performance. Battery inefficiency causes extra cost and limits charge time. Our prototype extends Li-ion discharge time by at least 25%. Our proprietary process can take $2,000 cost out of a $12,000 electric vehicle battery for less than $200. It is synergistic with other advanced battery development efforts without conflicting with them. With our capital efficient business model and high margins we expect to have $50MM revenue and $20MM net income within five years.
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