EnerDel Company and cheap plug in lithium-ion battery.
http://www.news.com/8301-10784_3-9780680-7.html?tag=bl
An Indianapolis-based company (EnerDel) recently received a $6.5 million grant from the United States Advanced BATTERY CONSORTIUM (USABC) hopes to deliever to automobile manufactures in 2010 a plug in lithium battery for $1500. This battery is made of lithium titanate where as competor A123 Systems uses a lithium potassium battery. Lithium titanate run cooler than the lithium potassium batteries and thus do not need additional cooling systems.
Peter Novak is the individual who developed the company’s technology. The battery system is designated for new automobiles coming off the assembly line and not aftermarket modifiers.
This information is new to me and eye opening with the low price tag. I do not have the education/knowledge to further probe the details from this news article. However, I bet some of our experienced posters can provide some interesting insight!;)
Original post by Billyk