EnerDel claims two year payback for future hybrids
Battery supplier EnerDel wants to be part of reducing the economic payback and the company predicts that it will be cut to two years before long. The company plans to have a lithium ion battery production facility running by 2010 that has a capacity of 300,000 packs a year. Right now, many people trying to jump out of SUVs into smaller hybrids are finding the going particularly rough because with so many used trucks coming on the market with almost no demand, the resale prices are dropping by the day. EnerDel already has a contract to supply batteries for Norwegian EV maker Th!nk and expects to sign up two more OEMs before the end of the year.
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