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Technology Stocks : Energy Conversion Devices

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To: SolarGal who wrote (8192)	7/9/2006 2:01:57 PM
From: SolarGal	Read Replies (1) of 8393

An All-Electric Car That Accelerates Faster Than a Ferrari By Associated Press Technology Review: A MIT Enterprise Tuesday, June 27, 2006 Several Silicon Valley entrepreneurs are racing to bring high-end electric cars to market. .... Silicon Valley thinks it can do what Detroit could not -- create a thriving business selling electric cars. In the 1990s, General Motors and other automakers spent billions to develop battery-powered vehicles, but they flopped because most couldn't travel more than 100 miles before having to recharge. .... Tesla and Wrightspeed are using lithium-ion batteries that are more powerful, lighter and efficient than the lead acid batteries used in early electric cars or the nickel metal hydride batteries used in today's hybrids. ''The battery technology has improved,'' said Ron Freund, chairman of the Electric Auto Association in Palo Alto. ''They keep getting better. They last longer, they're smaller and they charge faster.'' .... The Roadster will be able to drive about 250 miles on a single three-hour charge, drive up to 135 miles per hour and accelerate from zero to 60 in four seconds, Eberhard said. .... technologyreview.com

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