New Battery Technology Could Revolutionize Electric Vehicles
The battery, called an Electrical Energy Storage Unit (EESU), uses barium-titanate powders instead of lithium-ion, as well as ultracapacitor technology that permits large bursts of energy, up to 3,500 volts. This combination, say observers, could be the key to making electric vehicles truly practical. An EESU-powered vehicle could theoretically travel 500 miles on $9 worth of electricity, as opposed to an equivalent combistion-engine vehicle requiring $60 in gas to go the same distance.
EEStor has reportedly started production of EESUs. Although the technology has skeptics, the startup has some big-name backers, including Kleiner Perkins Caufield & Byers, a venture capital firm that has invested in Google, Amazon.com and other highly successful tech firms.
Source: MIT Technology Review