In our team presentation on the automotive industry, Kel Frazier discussed the constraints of hybrid and fully electric vehicles at a high level. The issues of travel distance and battery charge time cause many customers to hesitate in making the conversion. The article attached below discusses the latest advancements that seek to eliminate the bottleneck of electron movement in lithium ion batteries and significantly decrease charge time. Rapid charge times may eliminate the need for batteries capable of holding complete battery power for long trips. In the future, long road trips may require quick charging stops similar to refilling a gas tank. Good news for all the truck stops across the nation.
Economist- March 12, 2009
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We will see a parallel grid emerging in the near future and as that gris becomes stable and viable as an alternative, there will be greater stimulus for the conversion.
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