Check this news:
http://techcrunch.com/2010/08/16/a123-systems-spinoff-24m-technologies-raises-16-million/
http://www.heise.de/newsticker/meldung/Neuer-Energiespeicher-soll-Elektroautos-billiger-machen-1060954.html
A spin-off from ABC123 system, the lithium-ion battery maker for electric vehicles, will focus on new technology for cheaper energy storage.
If the new technology can cut off 85% of the cost of current energy storage device, which costs about $10,000 nowadays, what will happen then to the automotive industry?
Anyway, I am ready for the era of E-Car ;-)
Have fun!
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