US Government, 14 Firms Team up on Lithium Battery

US Government, 14 Firms Team up on Lithium Battery

by -
0

nano-car.jpgAiming to mass-produce a lithium battery for vehicles, 14 U.S. companies with expertise in batteries and advanced materials have formed an alliance with a government laboratory, the lab said on Thursday.

The alliance intends to secure $1-2 billion in U.S. government funding over the next five years to build a manufacturing facility with an “open foundry” for the participants to pursue the goal of perfecting lithium-ion batteries for cars. (Reuters News reports)

COMMENTS