Absolutely not like I stated they were in a cost reduction mode, even though they continue to develop new technologies - eg - CNG systems for ICE units, battery powered USPS postal delivery trucks, sold state element motor controller for battery powered - called ACtronic, produced their own drive motors, etc.. AC as a total corporation was much larger than a 250 million dollar//year material handling division - like a 1 billion/year back in the 70s.
But that trip down memory lane has little to do about the project you have been taunting about over the past several years but never had produced a complete working in the iron prototype model - just kisses and promises.. You latest report suggest some of the modules are complete but not all.. Seem to recall you had a model you and your company were ready to show a couple years ago but that didn't happen either.