>>It might take a bit longer, but after centuries of snake oil we also have cured the Syphillis and eradicated Polio.<<
Your analogy is better than mine.
Time will tell if they ever are able to bring a product to market. Energy density comparable to lithium batteries is great for a capacitor but we really need something an order of magnitude greater. Lithium is no longer adequate for the new generations of electronic devices and has never been adequate for a car.