A startup working on battery technology says it’s developed a key breakthrough that could one day lead to an electric car that has a 300-mile range and could cost around $25,000 to $30,000. Envia Systems, backed by venture capitalists, General Motors, and the Department of Energy, plans to announce on Monday at the ARPA-E conference that the company has created a lithium ion battery that has an energy density of 400 watt-hours per kilogram, which Envia CEO Atul Kapadia told me in an interview could be the tipping point for bringing electric cars to mainstream car owner.
via GigaOM
Images courtesy of Envia Systems.
