Is that a cheap electric vehicle I see on the horizon? Yet-Ming Chiang, A123 Systems founder and an MIT materials researcher, claims to have come up with a new battery design that will cut the cost of battery packs — currently upwards of $10,000 — by up to 85 percent. The tech will be at […]
Cleantech VC Bright Spot: Batteries
The cleantech VC downturn isn’t all doom and gloom. That is, if you’re developing and producing the advanced battery technologies and fuel cells. Energy storage, it seems, is leading a venture-capital rebound. That may come as a surprise, given that…