Solar Energy USA

EV Battery Manufacturer Announces More Affordable 300-Mile Battery Pack | Solar Energy USA Blog Archive

EV Battery Manufacturer Announces More Affordable 300-Mile Battery Pack

Posted on Thursday, March 1st, 2012 at 8:40 am by Solar Energy USA
Share

envia-systems-electric-vehicle-battery-newsEnvia Systems based out of Newark, California recently announced a breakthrough in electric vehicle (EV) battery technology. In a recent press release the company said they had achieved a “new world record in energy density for rechargeable lithium-ion batteries.” Based on recent test results, Envia expects their next generation lithium-ion battery to dramatically decrease the cost of a 300-mile range EV battery pack, dropping the cost of the batteries by as much as 50 percent.

“In an industry where energy density tends to increase five percent a year, our achievement of more than doubling state-of-art energy density and lowering cost by half is a giant step towards realizing Envia’s mission of mass market affordability of a 300-mile electric vehicle,” said Envia Systems Chairman and CEO Atul Kapadia.

Currently Tesla Motors is one of the only EV manufacturers with a 300-mile range all electric vehicle, the Tesla Model S, which retails for $49,900 after a federal tax credit.

tesla-model-s-300-mile-ev

The breakthrough battery news from Envia Systems brings much excitement to the EV market and EV-enthusiasts who have been long-awaiting a more affordable extended-range electric vehicle. With a 300-mile range battery pack drivers can worry less about so called “range anxiety,” or the fear of running out of an electric charge while traveling between destinations.

www.solarenergy-usa.com

solar-energy-usa-logo

Share