Lithium-ion Batteries to Cost 30% Less By 2017

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Lithium-ion Batteries to Cost 30% Less By 2017
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Despite the fuel efficiency benefits of a hybrid vehicle, the average cost premium of purchasing a hybrid over a conventional internal combustion vehicle is still approximately $2,000. In order to begin seeing the cost benefits of fuel frugality, an ownership period may be as long as 6 years before money saved at the tank can… Continue Reading...

IBM Develops Next Generation Lithium-Air Electric Battery

IBM Develops Next Generation Lithium-Air Electric Battery
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Electric powered vehicles have long faced challenges in battery cell packaging and the difficulties of maximizing range optimizing weight and placement. In the past, nickel-metal hydride cells failed to store enough energy to propel an EV any more than 100 miles and required a lengthy recharge after the battery depletes. Lithium-ion (Li-ion) does improve the… Continue Reading...