If hybrids, especially American-built hybrids, are to succeed, then battery technology must improve. To that end,
Tentative delivery is 2010 and the goal is to compete with top-selling Japanese batteries. Panasonic Electric Vehicle Energy, a joint venture with
Automakers need an alternative because the price of nickel, the main element in current hybrid batteries, has tripled in price in the past decade. Switching to lithium-ion will help but the consumer electronics industry is a heavy user of that technology. The new consortium hopes to price the new batteries at $500 each.
[Source: Sun Journal]