Energy Absolute is now making a massive investment in battery production involving Amita Technologies. I will just present a couple of links to show a connection between the companies and you can draw your own conclusions. Taiwan press showed the deal between Litarion and Amita technologies  https://tw.finance.yahoo.com/news_content/url/d/a/20160608/%E8%88%88%E6%AB%83-%E6%9C%89%E9%87%8F-5233-%E8%88%87%E5%BE%B7%E5%95%86litarion-gmbh%E7%B0%BD%E8%A8%82%E9%8B%B0%E9%9B%A2%E5%AD%90%E9%9B%BB%E6%B1%A0oem%E4%BB%A3%E5%B7%A5%E5%90%88%E7%B4%84-010436890.html .  There are several articles announcing the major investment by Energy Absolute regarding new a battery plant.  http://www.bangkokpost.com/business/news/1214245/second-power-storage-product-plant-for-eas-amita  Notice this article states they are building the plant to produce "renewable power systems and electric vehicles".  http://www.bangkokpost.com/business/news/1231260/ea-joint-venture-aims-to-propel-renewables   Now from the original deal with Amita it states the contract will "cut production of large-capacity lithium-ion battery supply chain helps entered the electric car and large scale energy storage industry" and it also states "technology will then be used by OEM OEM production, expand the scale of operations".  http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.investtw.net%2F%3Fc%3Dnews%26uid%3D134786    So they are saying right there that Litarion's technology will be used for EV's, energy storage and for expanding the scale of operations which is exactly what they are doing now.