lithium ion batteries

Lexus Passes on Lithium-Ion Battery Tech in Hybrids

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Lexus pioneered hybrids in the luxury segment, but for the foreseeable future it intends to put a halt on gasoline-electric tech, giving a pass to lithium-ion batteries in favor of the same nickle-metal hydride units the company has relied on for years. Continue Reading...

Government Backs Away From Million EV Goal for 2015

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The U.S. Department of Energy (DOE) is backing away from its previously announced plan to see 1 million electric cars on U.S. roads by 2015, saying the timeline isn’t really all that important. Continue Reading...

Chinese Company Wins Auction for A123 Systems

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A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems. Continue Reading...

New Cars Are Shedding Pounds in the Name of Efficiency and Performance

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From in-car technology to turbocharging, there is perhaps no other trend that’s fundamentally changing new cars more than the move to dramatically reduce the weight of modern vehicles. Continue Reading...

Electric Vehicle Batteries Drop in Price, EV Prices Might Follow

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Prices might be falling soon on the cost to produce electric vehicles, which means (hopefully) that the MSRP will fall soon as well. A new report by Bloomberg New Energy Finance shows the cost of lithium ion batteries falling 14 percent over this time last year. Furthermore, prices took a 30 percent swan dive since… Continue Reading...