[Oeva-list] Cost of batteries - Apollo Alliance
nickgaladay at msn.com
Fri Jul 23 16:26:53 PDT 2010
Another new report, The Recovery Act: Transforming America's Transportation
Sector, Batteries and Electric Vehicles details the impact of ARRA
investments on advanced batteries and vehicles. It finds that before the
Recovery Act was implemented, the U.S. produced just two percent of the
world's batteries for advanced vehicles, but due to Recovery Act
investments, the U.S. will have the capacity to produce 20 percent of these
batteries by 2012 and up to 40 percent by 2015. The report also finds that
because of higher-volume domestic manufacturing, the cost of advanced
batteries could be cut in half by the end of 2013, dramatically driving down
the cost of an electric vehicle and greatly expanding the domestic market.
However, these advances could be jeopardized by the Senate's failure to
enact strong clean energy and climate measures.
Apollo Alliance Weekly Update [ media at apolloalliance.org ]
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