Monday, October 29, 2012
Battery Maker A123 Goes Under: More DOE Money Down the Drain
'Ultimately, the fate of US battery makers will remain tied to that of the electric car itself. And for now, no battery technology can compete cost-wise with the internal combustion engine.
“The outlook in the near future for electric cars does not look that promising,” says Daniel Scherson, an electrochemist at Case Western Reserve University in Cleveland, Ohio. “They are still just too expensive.” ' - nature.com, 10/24/2012
Link to the entire article appears below: