It certainly catches the eye when a chief executive of a prerevenue start-up to berate the market for failing to support its vision when it has just collected £15m ($22m).
But then Oxis Energy, a UK-based rechargable battery maker for electric bikes and cars, does have a strong position in battery storage systems.
As Huw Hampson-Jones, chief executive at Oxis Energy (formerly known as IntelliKraft) since January 2010, said: “Over the past two years, it has become apparent to me that the European and North American energy companies lack the understanding of the significance of the Oxis Energy technological breakthrough, and its impact on the future method of propelling vehicles and energy storage.”
However, he added: “Sasol fully understands the profound implications of this new chemistry and technology. Together we shall demonstrate this.”
This was because, last month, Sasol, a South Africa-listed energy and chemicals company, invested…
