"The automobile manufacturers are not going to be able to afford to keep investing in all these different technologies," he said. "You see the long-term R&D effort focused on the electric car. People talk about fuel cells, but I don't really see the kind of energy and effort around that that I see around the electric power train."
... About 90 percent of Power Solutions' research and development spending is going toward lithium-ion batteries, Molinaroli said. Those are lighter, smaller and longer-lasting than the nickel-metal hydride batteries that power the current generation of hybrids, including the Prius.
... Despite its focus on hybrid growth in the world's biggest auto markets, Molinaroli said electric car growth could be faster in China, where electric vehicles akin to golf carts will replace transportation such as bicycles and scooters rather than SUVs...
Electric cars to dominate green car race | Industry Summits | Reuters
Electric cars to dominate green car race
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by zenMachine, Oct 8, 2008.