Chinese company says it will soon cross $100 battery threshold, slaying the gasoline car
“Envision Energy will produce batteries for $100 per kilowatt hour by 2020, the Shanghai company’s founder and CEO said at Stanford University, predicting the price will drop to $50 only five years later and end the reign of the internal-combustion engine.
Envision’s analysts realized they could achieve these goals after the company purchased Nissan’s battery division earlier this year, CEO Lei Zhang said at Stanford University’s Global Energy Forum. Stanford just released video of Lei’s remarks, which came in response to a slightly more conservative prediction by Stanford’s Arun Majumdar…”
#future = #REALnews #selfdrivingcars #autonomousvehicles #robots #tech #innovation #science #design #singularity #engineering #automation #AI #artificialintelligence #cars #sustainability #climatechange #electriccars #electricvehicles #evs
Woo
wow cool
dang
thats cool
wwooww
cool
Now this is news! I wonder if that means personal aircrafts are going to be more feasible for the average consumer.