Despite having world-class battery technology, A123 Systems suffered from a lack of demand for its electric vehicle batteries.
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And that plant will be one of 30 new plants to go fully operational over the next six years manufacturing electric vehicle batteries and components right here in the United States of America.
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Similarly, stimulus investments have helped transform the United States from a bit player in international advanced battery markets to a global competitor with an estimated 20 percent of worldwide manufacturing capacity online by 2012, all while potentially driving down the cost of electric vehicle batteries by up to 70%.
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Plus, FMC sells recession-resistant chemicals like coatings for pills, and a third of its revenue comes from specialty chemicals, including lithium, the raw material for the next generation of electric-vehicle batteries ( click here for related story).
Nissan is the only automaker that manufactures its own electric vehicle (EV) batteries.
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Jobs for factory workers to build high-tech vehicle batteries, electric cars, and hybrid trucks.
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It's sort of a halfway measure between a traditional electric vehicle where you just have batteries onboard.
You want to put electric motors and batteries inside of the vehicle - well, that costs a lot more.
He should probably wait for faster charging batteries before buying an electric vehicle.
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The company said it plans to use that money to expand manufacturing capacity and accelerate development of batteries for the hybrid electric vehicle market.
Thats because he is cofounder and a major shareholder in Ener1, a company that makes next generation batteries for electric and hybrid vehicle in Indianapolis.
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This means that batteries could be smaller with the resulting reduction in electric vehicle cost and weight.
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Under an expanded New Electric Vehicle Limited Warranty, Nissan will protect against capacity loss in LEAF batteries that fall below nine bars, of the available 12 bars displayed on the vehicle's battery capacity gauge, for the first five years or 60, 000 miles in the United States, whichever comes first.
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The Chevy Volt is driven by electric motors powered by lithium-ion batteries that are charged by plugging the vehicle into a standard 110-volt socket.
"If you are considering purchasing an electric vehicle for its environmental benefits, first check your electricity source and second look closely at the warranty on the batteries, " said Professor Stromman.
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