1 Surprising Fact About the Electric Vehicle Market

Ideal Power Converters won a "National Innovation Award" at the recent TechConnect National Innovation Conference near Washington, D.C. This private company's 3-Port Hybrid Converter reduces costs and improves the efficiency of systems that integrate photovoltaic, grid-storage, and electric-vehicle charging.

IPC believes its technology can disrupt traditional products offered by ABB (NYSE: ABB  ) and Eaton (NYSE: ETN  ) . Our roving reporter Rex Moore caught up with IPC CEO Paul Bundschuh at the conference, and chatted about where the real opportunities are within the electric-vehicle markets. While electric-car maker Tesla (NASDAQ: TSLA  ) has richly rewarded shareholders over the past few months, Paul says investors should be looking on the commercial side of the market.

Meanwhile, Tesla's plan to disrupt the global auto business has yielded spectacular results. But giant competitors are already moving to disrupt Tesla. Will the company be able to fend them off? The Motley Fool answers this question and more in our most in-depth Tesla research available. Get instant access by clicking here now.


Read/Post Comments (1) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 10, 2013, at 1:32 PM, Threemagisteria wrote:

    MA: "Storm's a-comin'. Power may go out agin'. You got a generator, Junior?"

    JUNIOR: "No, Ma. When the lights go out, I just run the house off the Tesla in the garage."

    Oh yes, the future is nigh...

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2479604, ~/Articles/ArticleHandler.aspx, 10/31/2014 6:17:09 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement